Frax co-founder Sam Kazemian believes stablecoin regulations are currently too harsh
Stablecoins, or crypto assets which peg their value to less volatile fiat money, are useful tools for a variety of…
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‘Nation should not compensate investors for crypto losses’ says UK’s Financial Conduct Authority CEO
On Wednesday, Nikhil Rathi, CEO of the United Kingdom’s Financial Conduct Authority, or FCA, issued the following statement to the…
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Central Banks of France and Switzerland announce successful trial of digital Euro, Swiss Franc
On Wednesday, the Banque de France (BdF), the BIS Innovation Hub (BISIH), and the Swiss National Bank (SNB) announced the…
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India to set maximum penalty for violating crypto norms at fine of $2.7 million or 1.5 years in jail
On Tuesday, BloombergQuint (Bloomberg India) reported that the penalty for non-compliance with the Indian government’s crypto policies could range from…
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Japan’s financial regulators may propose legislation in 2022 restricting stablecoin issuance
According to The Nihon Keizai Shimbun (Nikkei), one of the world’s largest financial newspapers and the entity behind the Nikkei…
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Grayscale finds that over 25% of US households surveyed currently own Bitcoin
According to a report published by Grayscale Investments on Monday, more than one-quarter of U.S. investors surveyed (26%) said they…
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Bank of International Settlement calls the rise of decentralized finance ‘an illusion’ in latest quarterly review
On Monday, the Bank of International Settlement, or BIS, a financial institution owned by central banks worldwide, published a report…
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Fidelity Canada officially launches Bitcoin ETF and Bitcoin Mutual Fund
On Thursday, Fidelity Canada officially launched the Fidelity Advantage Bitcoin exchange-traded fund (ETF) and the Fidelity Advantage Bitcoin ETF Fund (mutual…
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