Cryptocurrency Financial News

Commodity Futures Trading Commission is likely to be given charge of regulating digital currencies

New York State Legislature has passed a bill limiting fossil fuel energy usage for crypto mining

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crypto currencies are yet to pass the test to become fiat currency and the lack of regulation it is akin to a world of Caribbean pirates underlining necessary caution in regard to some of these fintech based disruption. «The more decentralised they become and the absence of a watchdog or a centralised regulatory authority also means that there is a world of Caribbean pirates or a world of 'winner takes it all' in terms of being able to really take it all from somebody else. Also, the recent developments with respect to Luna, Terra are definitely very important cautionary tales that we need to keep in mind,» he said. «I would be somewhat guarded in my welcome of some of these fintech-based disruptions like DeFI or decentralised finance and crypto etc,» Nageswaran said at an Assocham event.

Crypto advocates are still facing an uphill struggle in Russia – where MPs are expected to vote in favor of a proposal that will ban the use of “monetary surrogates” as a form of payment. And it appears that crypto miners are yet to persuade the influential Central Bank Governor Elvira Nabiullina that their industry should not be banned.

Some PayPal customers can now move their cryptocurrencies such as Bitcoin from their accounts to external wallets and exchanges.

Chief economic adviser has said cryptocurrencies are yet pass muster as fiat currency

More than 85 percent of US retailers give high or very high priority to enabling cryptocurrency payments, given the significant interest in digital solutions among the younger generations, a survey by Deloitte has shown. Roughly 83 percent are doing the same for stablecoins.

Chief economic adviser has said cryptocurrencies are yet pass muster as fiat currency

A couple of US senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency

The crypto exchange will compete against FTX and Binance, Howard Lutnick said.