Conflux will provide the technology to launch an offshore RMB stablecoin pegged to China’s CBDC, the digital yuan. As financial authorities around the globe become increasingly concerned about stablecoin regulation,…
The proportion of the BTC supply, which has been dormant for at least a year, looks set to increase after putting in local lows. Seasoned Bitcoin (BTC) hodlers are about…
Fed Chair Jerome Powell says there is no pressure to rush any central bank digital currency development plans. The United States Federal Reserve is still evaluating the prospects of introducing…
AXS may form a death cross between its 20-day and 50-day exponential moving averages, despite the latest rebound. Axie Infinity’s native cryptocurrency, Axie Infinity Shards (AXS), bounced higher on Sept.…
Predictions include a short-term low at $42,000 as overnight progress turns into consolidation. Bitcoin (BTC) faced stiff resistance above $44,000 on Thursday, Sept. 23, as China told governments to prepare…
Dubai authorities continue driving more adoption to the cryptocurrency industry by pushing more regulatory approvals. Financial regulators in the United Arab Emirates have reached an arrangement to officially allow and…
Proposed rules would make “bank involvement in the cryptoasset market cost-prohibitive from a capital perspective,” industry associations have told regulators. Nine banking industry associations have submitted a letter to the…
