English News

(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 […]

(Crypto News)-07/03/2024BRICS nations are set to create an independent blockchain-based payment system, incorporating digital currencies to enable smoother and cost-effective global transactions.The announcement, made by Kremlin aide Yury Ushakov in an interview with the Russian News Agency TASS, highlighted the coalition’s objective to enhance financial autonomy from the US dollar through cutting-edge digital and blockchain technologies.Blockchain-Based Payment System“We […]

(Coin Telegraph)-28/02/2024Inflows to crypto investment products nearly topped $600 million and reflect traders’ growing interest in Bitcoin and altcoins.Crypto investment products saw inflows totaling $598 million from institutional Bitcoin investment products over the past seven days, according to the latest report by CoinShares. Crypto exchange-traded products (ETPs) have now witnessed their fourth consecutive week of […]

(Coin Telegraph)-28/02/2024The proposed reporting format is part of the international agency’s support for the G20 crypto asset roadmap adopted last year.The outlook for global financial stability remains challenging, Financial Stability Board (FSB) chair Klaas Knot told G20 finance ministers and central bankers in a letter. The FSB has a plan though, which it outlined ahead of a […]

(Coin Telegraph)-28/02/2024The Saudi government’s Cultural Universe metaverse initiative takes a user through the long history of Saudi Arabia dating back to 1727.The Saudi Arabian Ministry of Culture launched a metaverse dedicated to showcasing and preserving the nation’s cultural heritage on the occasion of its founding day.The Saudi government’s Cultural Universe metaverse initiative, which takes a user […]

(Coin Telegraph)-28/02/2024The platform will host major cryptocurrency pairings with the Turkish lira, such as USDT, BTC and ETH, along with “sophisticated crypto functionalities.”The second biggest global cryptocurrency exchange, OKX, has officially launched OKX TR for users in Turkey. The company revealed the launch on Feb. 27. OKX TR features a Turkish lira fiat on-ramp and a deposit option […]

(Coin Telegraph)-28/02/2024The Federal Reserve’s plan for digital dollar issuance in the United States was met with a roadblock after five senators filed legislation demanding a ban on CBDCs.Five United States senators have joined hands to fight the Biden administration’s plans to issue a “digital dollar” by co-signing legislation demanding a ban on central bank digital […]

(Coin Telegraph)-22/02/2024Bitcoin holdings on Coinbase crypto exchange have fallen to their lowest level in nine years as users move a significant chunk of their holdings off the exchange.According to a report from CryptoQuant, whales moved 18,000 Bitcoin worth nearly $1 billion off Coinbase over the weekend, with transfer values ranging from $45 million to $171 million. Coinbase’s public […]

(Coin Telegraph)-22/02/20242024 has everything to be the biggest year in the history of the Ethereum blockchain.In addition to the possible approval of an Ether spot exchange-traded fund (ETF) in the United States, this year will also mark the network’s first bull cycle since the Merge in 2022.This update makes ETH deflationary during periods of high network use.Since the […]

(Coin Telegraph)-22/02/2024The launch of spot Bitcoin exchange-traded funds (ETFs) in the United States is having a knock-on effect in Europe, but investors on the continent remain cautious of investing in the cryptocurrency space. VanEck Europe CEO Martijn Rozemuller spoke exclusively to Cointelegraph about the rising wave of institutional investor interest in spot Bitcoin  ETFs in the U.S., […]

(Crypto News)-22/02/2024Switzerland’s PostFinance has partnered with the crypto bank Sygnum to launch a new retail cryptocurrency for its 2.5 million customers on Wednesday, as digital assets become an “integral part” of the financial world.In an announcement, PostFinance said is the “first systemically important Swiss bank” to launch regulated trading and custody for eleven cryptocurrencies including Bitcoin and […]

(Coin Telegraph)-22/02/2024The European Central Bank (ECB) has been producing plenty of informational material about the digital euro lately, much of it in the form of brochures, FAQs and other accessible formats. As they do so, the bankers’ frustration with overblown fears and the cold reception the innovation has been given are beginning to show.ECB executives, […]