Tag Archives: Cryptocurrencies

Europe needs to address the challenges imposed by private sector global digital assets, warned the Governor of the Bank of France, Coin Telegraph reported. “We in Europe face urgent and strategic choices on payments that will have implications for our financial sovereignty for decades to come.” “Our European ecosystem has …

Stablecoins and cryptocurrencies must be well regulated by market authorities, according to remarks by the Bank of England (BoE) Governor, Andrew Bailey, on Thursday. The comments, picked up by Reuters, showed a call for regulators to keep up with market developments in the digital payment domain. “If stablecoins are to …

Russia announced on Tuesday it began developing a new analytical tool to monitor major cryptocurrencies such as bitcoin and other cryptocurrencies, as part of the Russian government’s attempt to combat money laundering and terrorism using artificial intelligence. The new system is designed to track the movements of digital financial assets …

The cryptocurrency, Bitcoin, has been dropping since the beginning of Thursday’s session and trading at a drop of about 0.61%, or nearly $ 70, to reach 11,680, down from the $ 11,814 levels reached the beginning of the Asian session. It is possible that Bitcoin’s increase in price during the …

Electric Capital venture fund raised $110 million from university endowments and other nonprofits to invest in cryptocurrencies, Bloomberg reported. The company has started with investing $35 million in cryptocurrencies like Bitcoin and Ethereum and blockchain projects. However, it seems the focus this time will be directed towards other crypto assets. …

The Office of the Comptroller of the Currency (OCC), an independent bureau within the United States Department of the Treasury, approved that banks could provide custody services for cryptocurrencies, Reuters reported. Providing custody and safekeeping services for cryptocurrencies is now considered a modern version of banking services. Such services include …

Ripple is being sued for selling its XRP token in an unregistered securities offering, the Coin Telegraph reports. A number of class-action lawsuits have been reportedly filed against Ripple in recent months. In addition, former Chairman of the Commodity Futures Trading Commission (CFTC), Chris Giancarlo, is arguing in a recently …

The top cryptocurrencies showed a decline over the past 24 hours, despite an improved risk appetite across most global markets. Bitcoin is currently trading at $9,110, down by 1.81%, while Bitcoin Cash is down by 2.32% at $220.72. Ethereum decreased by 1.88%, trading at $227.36. Tether and XRP are down …