IMF Warns of Negative Impact of Cryptocurrencies on Banks
Widespread adoption of digital assets could lead banks to lose deposits and curb lending, according to a report by the International Monetary Fund (IMF).Coverage of major events in the cryptocurrency industry.
IMF Warns of Negative Impact of Cryptocurrencies on Banks
Widespread adoption of digital assets could lead banks to lose deposits and curb lending, according to a report by the International Monetary Fund (IMF).
Russia’s financial intelligence service says it tracks cryptocurrency holders
Rosfinmonitoring tracks more than 25,000 participants in cryptocurrency transactions. This was stated by the agency's head, Yuri Chikhanin.
Crypto-friendly banks’ collapse raises concerns in the crypto community
Problems at three banks—Silvergate Bank, Signature Bank, and Silicon Valley Bank (SVB)—have raised concerns in the crypto community about the fate of industry-related companies.
Santiment flags rise in bearish sentiment on crypto markets
Analysts at Santiment, in their report, recorded a rise in negative sentiment across the cryptocurrency market.
Coinbase estimates the share of Americans who own cryptocurrency
The crypto winter and tighter regulation in the United States have not dampened interest in the industry — 20% of adults (more than 50 million people) own digital assets.
Kaito AI raises $5.3 million to build an AI-powered search engine for the crypto industry
The Kaito AI startup attracted $5.3 million to build an AI- and ChatGPT-powered search engine for the crypto industry.
Omani authorities to create a regulatory framework for cryptocurrencies
Oman's financial regulator, responsible for the capital markets, plans to establish a regulatory framework for the digital asset industry. This is stated in the press release from February 14.
PayPal customers bought $604 million in cryptocurrency
The value of customer-held digital assets on PayPal's balance sheet at the end of 2022 was $604 million. Such data are contained in the company's annual report to the SEC.
Microsoft and Google’s chatbot race drives AI-token rally
AI and big-data tokens surged as chatbots were announced in Google's Search and Microsoft Bing.
Crypto firms won’t run ads at the Super Bowl after the FTX collapse
Unlike last year, the upcoming February 12 Super Bowl will hardly feature advertisements from digital-asset-related companies. This is reported by Associated Press.We use cookies to improve the quality of our service.
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