Is PayPal’s new stablecoin a watershed moment for crypto?
PayPal launches stablecoin. Traditional gamers take on NFTs. Tough times ahead for Huobi.
-
-
U.S. senators reintroduce crypto anti-money laundering bill
Two U.S. senators have re-introduced the ‘‘Digital Asset Anti-Money Laundering Act of 2023’’ after months of delay, which puts greater emphasis on industry participants such as miners and validators. If the bill is passed, all crypto participants will be required to report transactions of over US$10,000.
-
Crypto’s fear and loathing: Will TradFi take over?
Moves by big financial institutions into digital assets are worrisome to crypto purists, but it could be just what crypto needs to shake off its doldrums, writes Konstantin Horejsi of Blocktrade.
-
Binance could face fraud charge from US Department of Justice
Officials at the U.S. Department of Justice (DOJ) are considering fraud charges against Binance, according to news site Semafor.
-
Tokenization could bring mass adoption to crypto — or trigger disaster: Opinion
Tokenization is having a breakout year, but providers must learn from the past to prevent another FTX or Celsius-level crisis, writes Philipp Pieper of Swarm.
-
Cryptos show resilience; BNB gains on Binance Japan launch
Bitcoin, Ether and most other top ten tokens gained Wednesday morning in Asia, with BNB leading winners after Binance Japan launch.
-
Stablecoins can make banking safe again: Opinion
Stablecoins play a pivotal role as a safe-haven medium of exchange in times of high inflation, writes James Glasscock. But they’re not without risks.
-
Financial Stability Board recommends stricter global crypto regulation after year of industry blow-ups
The Financial Stability Board (FSB) published on Monday a global regulatory framework for crypto-asset activities to provide a global regulatory and supervisory foundation for crypto. The recommendations made to the G20 – the 20 leading economies of the world – are based upon the principle of “same activity, same risk, same regulation.”
-
Standard Chartered’s great expectations for Bitcoin in 2024
Top blockchain and crypto news: Standard Chartered eyes US$120,000 per Bitcoin | Another week of declines in NFT market | Sega and Line team up.
-
South Korea, Singapore, Thailand clarify crypto rules as U.S. in state of regulatory ‘warfare’
While Asia nations such as Singapore and Thailand seem to be following the U.S. regulator in frowning upon certain products offered by crypto exchanges, the approach in Asia so far seems to be clarity instead of court battles, in contrast with North America