Crypto News

EU authorities say all risks and challenges should be addressed before allowing any global stablecoin.

The European Union ministers have taken a firm stance on allowing stablecoins in the continent. The ministers said that no global stablecoin would be allowed until regulatory and oversight challenges and risks are identified and addressed. European Commission is working...

Reserve Bank of India denies any possibility of allowing private digital currencies

According to the Mumbai Mirror report, the governor of the Reserve Bank of India Shaktikanta Das said that there is no possibility of allowing private digital currencies in the country. But the bank is looking into the issuing of...

Tim Draper says, “We need entrepreneurs like Ross Ulbricht,” calls for his release from prison.

During a Crypto Finder video podcast, Tim Draper was asked about his opinion on Ross Ulbricht Tim said that we need more entrepreneurs like him. He added that "Why do we have these extraordinary people in jail? We need...

Poloniex delists DGB coin after DigiByte founder criticizes TRX and Justin Sun.

In a series of tweets, DigiByte coin founder Jared Tate extensively criticized the Tron foundation and its founder Justin Sun. He accused the company of conducting a con job. In response, Polonix exchange, previously owned by Circle, delisted the...

Hacker transfers 31,000 ETH stolen funds from Upbit to unknown wallets.

The Korean crypto exchange, Upbit, suffered a major hack last week as a hacker managed to steal over 342,000 ETH worth $50 million. Just a day after the loot, hacker dispersed $38 million worth of ETH into different unknown...

The Central Bank of France announces to test its CBDC

According to the AFP report, in a conference hosted by the French Prudential Supervision and Resolution Authority (ACPR), the governor of the central bank of France said that the bank will start testing digital currency soon and will launch...

Circle’s Co-CEO Sean Neville steps down from his post.

Sean Neville, who served as Co-CEO of Circle for five years, said in a company email that he felt it an "appropriate" time for the transition in leadership. Neville will be stepping down from his post by the end...

Hong Kong and Thailand to roll out a two-tier digital token for bilateral trade

According to the South China Morning Post, Hong Kong, and Thai Central banks are exploring blockchain-backed digital currencies to facilitate quicker payment in bilateral trade. Both the Monetary authorities are poised to roll out a two-tier digital token as...

The Bank of Japan’s head expresses concerns over global stablecoins.

Bank of Japan's governor Haruhiko Kuroda said on Tuesday that no global stablecoins should be issued until all legal, regulatory, oversight challenges and associated risks are adequately addressed. He added that these stablecoins could have significant implications on the...

Gemini hires the co-founder of Starling bank to expand the European market.

The Winklevoss twins revealed that Julian Sawyer, former co-founder and COO of the UK-based Starling Bank, will join the Gemini team and help exchange's strategy for the region as well as manage European hiring.   Winklevoss twins expand into Europe amid...

Latest News

Bakkt officially launches Bitcoin Futures Exchange Products.

Bakkt has become the first exchange to launch the first regulated bitcoin options and cash-settled futures in the United...