Crypto News

U.S. Treasury Secretary nominee says the use of crypto in illegal activities is a particular concern.

U.S. Treasury Secretary nominee Janet Yellen has said the illicit use of cryptocurrencies like Bitcoin in money laundering and other financial crimes was a "particular concern," sparking suggestions tighter regulation could be in the pipeline. The former chair of...

The Bank of International Settlements is building a CBDC settlement platform.

CBDC research has been announced as a top priority for the Bank for International Settlements’ Innovation Hub, or BISIH, in 2021. According to its annual work program, BISIH plans to “explore the feasibility of faster and cheaper cross-border payments” using central...

Russia’s largest bank is seeking approval to launch a blockchain-based platform.

The largest Russian state-owned lender, Sberbank, has applied to the country's central bank seeking approval for launching a blockchain-based platform that will allow the bank to launch its own digital currency. As reported by local news outlet Interfax, the application...

Brazil’s top crypto exchange announces to expand across Latin America after raising $38 million.

Brazil's largest Bitcoin exchange, Mercado Bitcoin, has announced plans to expand across all the South America. Chief executive Reinaldo Rabelo named Chile, Mexico, and Argentina as among the jurisdictions it will expand into first, comparing the "regulatory culture" in...

Bitcoin drops almost 11% as the cryptocurrency briefly trades below $30,000.

According to the South China Morning Post report, Bitcoin extended its plunge from record highs and sparking a hunt for reasons the notoriously volatile asset was selling off. One that captured attention questioned the very viability of the token...

Former U.S. Treasury Secretary says bitcoin is here to stay.

The former U.S. Treasury Secretary and economist Larry Summers says bitcoin is here to stay despite the concerns by some that it may be a bubble. The former Secretary asserts that bitcoin's price fluctuations are, in fact, a sign...

Binance Russia gets off the blacklist after a court ruling.

According to a recent report by Russian news agency Kommersant, the Arkhangelsk Regional Court has annulled a previous decision to blacklist the Binance website in Russia. Gleb Kostarev, Binance’s head of operations for Russia and the CIS, confirmed the news, stating...

US President Joe Bidden halts FinCEN’s proposed crypto wallet regulations.

One of the first actions US President Joe Biden has taken on his first day in the office is to freeze the Federal regulatory process, including the controversial self-hosted crypto wallet regulations proposed by former Treasury Secretary Steven Mnuchin....

Former Ripple advisor is likely to become the next Comptroller of the Currency.

According to the Wall Street Journal report, U.S. President Joe Biden is likely to pick a former member of Ripple's board of advisors directors to become the next Comptroller of the Currency. The report cites insiders "familiar with the...

Crypto exchange Huobi Korea receives ISMS certification ahead of upcoming new regulations.

South Korean arm of crypto exchange Huobi has secured the backing of regulators in South Korea, following the decision to award Huobi Korea an ISMS certification. Huobi Korea is considered the second-largest digital currency exchange by transaction volumes globally....

Latest News

U.S. Treasury Secretary nominee says the use of crypto in illegal activities is a particular concern.

U.S. Treasury Secretary nominee Janet Yellen has said the illicit use of cryptocurrencies like Bitcoin in money laundering and...