South Africa’s National Treasury and central bank have assured the crypto industry that proposed capital-flow regulations will not criminalize digital asset ownership or apply retrospectively. Modernizing Exchange Controls South Africa’s National Treasury and the South African Reserve Bank have sought to calm growing concern in the crypto industry, saying proposed changes to the country’s capital-flow […]
AI-driven workforce reductions highlight a shift towards automation, posing risks and opportunities for tech and crypto industries alike.
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Poland’s prime minister has tied the country’s repeated failure to pass crypto rules to a high-profile fraud case — a charge that added urgency to a parliamentary vote that had already failed twice before. Related Reading: Crypto Analytics Firm Dune Axes 25% Of Employees Amid Strategic Overhaul A Scandal Shapes The Debate Prime Minister Donald […]
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The “digital cold” camp A potential rake hike The U.S. Federal Reserve, the most influential central bank in the world, is currently in the middle of a leadership transition that could be a boon for Bitcoin as well as other major cryptocurrencies. In fact, the new board of governors is already viewed as the most pro-BTC lineup based on the statements made by the officials in the past. Bitcoin (BTC) Says Goodbye to $80,000, Dogecoin (DOGE) Spikes 50% Hinting at New Rally, Toncoin (TON) Risks Losing $2: Crypto Market Review XRP Crushes Every Major Coin with Massive Gains The “digital cold” camp Kevin Warsh, the chair of the Federal Reserve, is a vocal Bitcoin supporter who views the flagship coin as a safe haven. He actually views BTC as the new gold for those who are under 40. Christopher Waller has also made pro-BTC statements. He has dubbed the asset “electron
The Bank of England (BoE) is set to water down its planned stablecoin rules and is exploring alternative solutions to mitigate potential risks, following pressure from the local crypto industry and multiple lawmakers about the proposed restrictions. Related Reading: Brokerage Giant Charles Schwab Rolls Out Spot Crypto Trading To Retail Investors BoE Calls Stablecoin Plans […]
After months of negotiations involving the crypto industry, the banking sector, and lawmakers who had been publicly calling for changes, the long-awaited CLARITY Act has cleared a major step toward becoming law. The measure advanced with support across party lines in the Senate Banking Committee, winning the last pre–full Senate vote hurdle ahead of the […]
Bank of England may ease stablecoin restrictions as UK regulators respond to crypto industry pressure and growing U.S. competition. Bank of England is reconsidering its proposed stablecoin regulations after criticism from the crypto industry. Now, officials think that some rules were too strict. Consequently, the central bank is looking at new possibilities for the expanding […]
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U.S. President Donald Trump’s reported plans for a large-scale pardon announcement have renewed attention on jailed cryptocurrency executives and software developers who have spent months seeking clemency from the White House. According to a Thursday report from The Wall Street…
Ripple and crypto industry leaders backed the Senate’s CLARITY Act ahead of a key markup, citing clearer rules, stronger consumer protections, and U.S. leadership. Ripple’s legal chief cited a report estimating 67 million Americans hold crypto. Ripple and Crypto Leaders Rally Around CLARITY Act Ripple executives publicly backed the Senate’s CLARITY Act on May 13 […]