Bank of America Chief Flags Risk of $6 Trillion Moving from Banks into Stablecoins
Bank of America chief Brian Moynihan said as much as $6trn could flow out of US banks into stablecoins.
Bank of America Chief Flags Risk of $6 Trillion Moving from Banks into Stablecoins
Bank of America chief Brian Moynihan said as much as $6trn could flow out of US banks into stablecoins.
SEC Concludes Investigation into Zcash Foundation
SEC has closed its case against the non-profit Zcash Foundation, the entity behind the privacy coin's development.
UK Abandons Mandatory Digital IDs
The government of UK Prime Minister Keir Starmer has relaxed the rules for digital IDs, eliminating the requirement for employment.
JPMorgan Opposes Stablecoin-Based ‘Parallel Banking System’
JPMorgan Chase's CFO Jeremy Barnum warned about the dangers of stablecoins that offer interest income.
Thailand’s Central Bank to Tighten Oversight of ‘Grey’ Crypto Transactions
The Bank of Thailand will intensify measures against the illicit circulation of digital assets, including monitoring 'grey' transactions in USDT.
US Lawmakers Advocate for DeFi Developers
In the US, a bill has been introduced that exempts DeFi developers from the need to obtain money transmitter licenses.
Charles Hoskinson Urges Trump’s ‘Crypto Czar’ to Resign
David Sacks should step down as the White House cryptocurrency advisor due to a "complete failure," according to Cardano founder Charles Hoskinson.
South Korea Lifts Ban on Corporate Crypto Investments
South Korea's Financial Services Commission (FSC) has lifted the ban on corporate investments in cryptocurrencies, according to local media.
Russia Moves to Fine Illegal Bitcoin Miners Up to 2.5 Million Rubles
The Russian Ministry of Justice has proposed amendments to the Criminal Code, introducing fines up to 2 million rubles for illegal cryptocurrency mining activities.
China to Tighten Regulations on Human-Like AI
China's cybersecurity regulator has released a draft of rules for public consultation, aimed at overseeing AI services that mimic human personalities, according to Reuters.
U.S. Unveils Cryptocurrency Taxation Proposal
American lawmakers have introduced a proposal for taxing digital assets, considering small stablecoin transactions and providing a deferral for staking.
Experts Assess Impact of Clarity Act on Bitcoin’s Dynamics
The anticipated adoption of the Clarity Act, a US law regulating the crypto market, is unlikely to significantly impact Bitcoin prices, according to veteran trader and technical analyst Peter Brandt, who spoke to Cointelegraph.We use cookies to improve the quality of our service.
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