The SEC issued a wells notice to Paxos concerning the issuance of Binance USD (BUSD) stablecoin. Shortly after, the NYDFS ordered Paxos to stop issuing BUSD. While BUSD issuance stopped, Paxos is in charge of […]
President Joe Biden has selected his top economic adviser by naming digital dollar advocate and Federal Reserve Vice Chair Lael Brainard for the role. The official announcement is expected on Feb. 14, according to a […]
The Grayscale Bitcoin Trust (GBTC) has dropped to a discount of 47%. This is a near-record markdown for the fund, which saw its biggest discount in December 2022. Grayscale’s Bitcoin fund (GBTC) has taken an […]
Binance, the largest cryptocurrency exchange, has been experiencing record outflows over the past few days as regulators move in to clamp down on its stablecoin dealings. Binance Coin (BNB) experienced a massive drop in price […]
India is in talks with the G20 members about the need for a crypto standard operating protocol (SoP). Indian Finance Minister Nirmala Sitharaman made the statement when asked about broad crypto asset regulation. The FM said in […]
Cardano, the 8th largest crypto by market cap, has been surrounded by polarized opinions in the crypto community. ADA has faced its fair share of ups and downs as a large-cap cryptocurrency in recent years, […]
Federal Reserve Governor Christopher Waller recently advised against investing in cryptocurrencies, stating that prices could fall to zero and investors should not expect the government to bail them out. In a conference at the Global […]
A new banking draft bill by EU lawmakers proposes that banks assign cryptocurrencies the highest risk weight of 1250% until Dec. 2024. Banks in the European Union must also disclose the business operations and risk […]
Despite a massive increase, the Render Token (RNDR) price was rejected by the $2.18 resistance area and could be mired in a correction. The Render Token price has increased by 260% since the beginning of […]
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