English News

(Coin Telegraph)-27/03/2024The London Stock Exchange (LSE) will launch cryptocurrency exchange-traded notes (ETNs) tracking the performance of Bitcoin on May 28.According to the March 25 announcement, applications for the crypto ETNs can be submitted as soon as April 8, and successful funds will be listed the following month contingent on the approval by the country’s Financial Conduct Authority […]

(Coin Telegraph)-27/03/2024The International Monetary Fund (IMF) believes that digital money, both private and public, could help the world’s most remote and dispersed nations in the Pacific Ocean to raise financial inclusion and the quality of financial services. On March 25, the IMF published a report on the potential role of stablecoins and central bank digital currencies (CBDCs) on […]

(Coin Telegraph)-27/03/2024Misyon Bank — an investment banking firm and one of the first neobanks in Turkey — is moving into digital asset custody and tokenization with Swiss cryptocurrency custody provider, Taurus.The Turkish neobank signed a partnership agreement with Taurus to implement its technology in order to provide crypto custody and tokenization services at Misyon Bank. […]

(Yahoo Finance)-20/03/2024The US Federal Reserve is widely expected to keep its key lending rate unchanged again on Wednesday, as policymakers continue discussions over when to start rate cuts and launch the next phase in their long-running battle against inflation.The Fed has raised interest rates to a 23-year high of between 5.25 and 5.50 percent as […]

(Reuters)-20/03/2024Two investment advisers have agreed to pay penalties to settle U.S. Securities and Exchange Commission charges that they made false and misleading statements about their use of artificial intelligence (AI), the regulator said on Monday.Toronto-based Delphia Inc and San Francisco-based Global Predictions Inc, which did not admit or deny the SEC’s charges, agreed to pay […]

(Coin Telegraph)-20/03/2024Nasdaq-listed Bitcoin mining firm Bit Digital has announced earnings of $44.9 million for 2023 — up 39% from 2022.Bit Digital said it earned 1,507.3 BTC in 2023, which represents a 21% increase compared to 2022. The BTC amount reported by the mining firm is worth around $97 million at current market prices.Bit Digital said this growth was […]

(Coin Telegraph)-20/03/2024Japan’s Government Pension Investment Fund (GPIF), the largest pension fund in the world, is looking at Bitcoin as a potential diversification tool.The GPIF officially announced on March 19 the development of new long-term investment policies in response to “major changes in the economy and society, and rapid technological progress.”In response to the new challenges, the GPIF is […]

(Coin Telegraph)-20/03/2024Arkansas Representative French Hill, who chairs the United States House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion, plans to take over leadership of the full committee following Patrick McHenry’s departure.According to a March 17 Punchbowl News report, Hill is one of the contenders to chair the full financial services committee starting in […]

(Coin Telegraph)-20/03/2024The European Parliament has granted final approval to the European Union’s artificial intelligence (AI) law — the EU AI Act — which marks one of the world’s first set of comprehensive AI regulations.The bill will go to a second vote in April and be published in the Official Journal of the European Union, likely in May. […]

(CryptoNews)-20/03/2024Looking into the rate of crypto adoption and the share of cryptocurrency owners in 56 countries as of February 2024, Nigeria and Turkey lead the pack, according to data from Statista.Notably, selected North American and European countries rank significantly lower. The data was gathered by the Consumer Insights Global Survey of Internet users worldwide.It includes over 2 million participants from selected countries. More specifically, […]

(Bloomberg)-07/03/2024Egypt delivered its biggest-ever interest-rate hike and allowed its currency to weaken more than 38% in a long-awaited devaluation that may pave the way for billions more in loans from the International Monetary Fund.The series of moves included a 600 basis-point rate increase and came after Cairo struck a $35 billion deal late last month […]

(Reuters)-07/03/2024U.S. regulators are expected to significantly reduce the extra capital banks must hold under a proposed rule that has drawn aggressive pushback from Wall Street, said eight industry executives in regular contact with the agencies and regulatory officials.Bank regulators led by the Federal Reserve in July unveiled the “Basel III” proposal to overhaul how banks with more […]

(Coin Telegraph)-07/03/2024Bitcoin has just passed a new all-time high against the euro as the cryptocurrency’s price reached a new multi-year high of $65,000.Bitcoin broke a new psychological milestone above 60,000 euros on March 4, reaching such a value against the euro for the first time in history.According to data from TradingView, Bitcoin touched 60,393 euros at 8:30 […]

(Coin Telegraph)-07/03/2024The Financial Supervisory Commission (FSC) has announced that it will propose a new draft of digital asset regulations for Taiwan in September 2024.The upcoming draft bill will aim to create more effective regulations for digital asset markets and to assure the safety of investors, said Huang Tien-mu, chairman of the FSC, according to a […]

(Crypto News)-07/03/2024Five United States senators have joined hands to fight President Joe Biden’s plans to issue a “digital dollar” by co-signing legislation demanding a ban on central bank digital currencies (CBDCs). Senators Ted Cruz, Bill Hagerty, Rick Scott, Ted Budd and Mike Braun introduced the CBDC Anti-Surveillance State Act, challenging the Federal Reserve’s authority to implement a […]

(Crypto News)-07/03/2024Hong Kong’s financial regulator, the Securities and Futures Commission (SFC), has identified and blocked fake websites impersonating major local cryptocurrency exchanges.On March 4, the SFC issued an official warning against multiple suspicious websites impersonating two licensed crypto trading platforms. The online perpetrators created several fake domains impersonating two licensed exchanges in Hong Kong, including OSL Digital Securities […]