The United States holds a significant position in the financial world—all thanks to its dollar being the de facto currency for global exchange. Despite the rise of cryptocurrencies as alternatives, there is a common misconception that the influence...
2023 saw many governments recognize crypto ‘publicly’ as a legitimate financial asset and implemented regulations to help citizens benefit from its advantages and protect them from the potential risks of using it as an investment vehicle This process...
Whether you're a newcomer or an experienced crypto trader, prioritizing using trusted platforms is essential to avoid falling prey to scams. The cryptocurrency world, ever-expanding, introduces new trends—some beneficial, others potentially harmful. One such trend is the emergence...
In its 2023 Annual Economic Report, the Bank of International Settlements (BIS) introduced tokenization as the next evolution in digital assets and finance. It also ran the jury on crypto and DeFi, pointing to how both have offered...
The Philippines's Securities and Exchange Commission (SEC) has accused Binance of operating in the country without the necessary approval or license. In a notice issued to the public on November 28, 2023, the regulator warned citizens to exercise...
Bybit has achieved a significant growth milestone as it surpasses 20 million registered users, the crypto exchange announced in an official statement released on Tuesday, November 28, 2023. The Dubai-based exchange, founded in 2018, has rapidly grown to...
The future of the monetary system, as envisioned by Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), will consist of three crucial elements: central bank digital currencies (CBDCs), tokenized bank liabilities, and regulated stablecoins....
Stablecoin issuer Circle Internet Financial has signed a Memorandum of Understanding (MOU) with SBI Holdings to promote the adoption of USDC and Web3 services in Japan. As part of the agreement, SBI Group subsidiary, SBI VC Trade, will...
South Korea's central bank, the Bank of Korea (BOK), has revealed its plans to engage 100,000 Korean citizens in an extensive Central Bank Digital Currency (CBDC) pilot program scheduled to commence in late 2024, as reported by the...
Richard Teng, the new CEO of Binance, is trying to alleviate concerns among investors and customers in the aftermath of the exchange's legal troubles with U.S. authorities. In a post on X (formerly Twitter), Teng emphasized the exchange's...
