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The legislation was passed in 2021 with amendments to the Payment Services Act (PS Act), the framework to regulate payment service providers. It was supposed to be enacted in the fourth quarter of 2021, but […]
Bitcoin (BTC) experienced a sharp decline today. On April 2, 2024, at 02.45 UTC, Bitcoin’s price briefly dipped below $67,000, triggering over $500 million in trader liquidations. The downturn comes after BTC managed to climb […]
Crypto exchange Binance has established its inaugural board of directors. This development is a response to the company’s plea of guilt to the US charges, including anti-money laundering and sanctions violations. Gabriel Abed, previously the […]
HSBC, the London-based financial institution, launched the first bank-backed tokenized gold product for its customers in Hong Kong. HSBC Gold Token will allow retail investors to purchase tokenized gold from their smartphones using the bank’s […]
“I’m haunted, every day, by what was lost. I never intended to hurt anyone or take anyone’s money. But I was the CEO of FTX, I was responsible for what happened to the company, and […]
“Markets are focused on the ISM report, though, with 10Y Treasury yields up 10bp on the back of the return of manufacturing growth and higher inflation readings from the sector. There are 20 or so […]
MakerDAO, the governing body of the popular DAI stablecoin, is contemplating a substantial allocation of 600 million DAI to the fast-growing USDe synthetic dollar stablecoin via Morpho Labs. This strategic move comes as Ethena Protocol, […]
Fetch.ai (FET) price is continuing its bullish streak even though the rest of the crypto market is cooling down from the February and March rallies. Will this lead to corrections for FET, or will the […]
Litecoin (LTC) price seemed to be doing well for itself having reclaimed the $100 level as a support. But this silver to Bitcoin’s gold will likely make an about-turn, to fall back on the daily […]
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