Regulatory News
Bank of England, FCA to regulate sterling-denominated stablecoins
The central bank expects to release the final set of regulations by 2025.
Zoltan Vardai
Lens
Bank of England
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Bitcoin News
Crypto ‘extremely speculative’ investment, not money, says Bank of England Governor Bailey
Bank of England governor Andrew Bailey said Bitcoin and other cryptocurrencies don’t meet standards to be recognized as money.
Danny Park
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Bitcoin News
Bitcoin rises above US$28,000; XRP biggest gainer in top 10 cryptos
Bitcoin continued to trade above US$28,000 on Wednesday afternoon in Asia. Ether also rose, along with all other top 10 non-stablecoin cryptocurrencies with XRP and Cardano leading gains.
Pradipta Mukherjee
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Bitcoin News
Markets: Bitcoin dips to US$23,500, Ether inches up, other top 10 crypto mixed
Bitcoin and Ether traded mostly little changed Friday morning after a strong run up in the week, with other top 10 cryptocurrencies prices mixed.
Danny Park
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Bitcoin News
Markets: Bitcoin, Ether rise; BNB leads gainers in top 10 crypto, followed by Solana
Bitcoin recovered above US$19,000 in early Thursday morning trading in Asia, after fluctuating around that resistance level for the past week. Ether also moved higher, while BNB led the gains in the cryptocurrency top 10 by market capitalization, all of which rose. See related article: Markets: Bitcoin price back under US$20,000, Ether little changed, XRP […]
Lachlan Keller
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Regulation
U.K. consortium to test stablecoin payments
Digital FMI Consortium, a group of private-sector companies, plans to examine cross-border payments and make recommendations to the Bank of England using its own sterling-backed coin, dSterling. See related article: Next step for spot Bitcoin ETF in the US may be a courtroom battle Fast facts The consortium announced Project New Era, which will deploy […]
Pradipta Mukherjee
