Why Cryptocurrencies are regarded as threat to Central Banks
Central banks are aware of the threat posed by cryptocurrencies and are considering a range of responses, from forbidding private issuance to welcoming them. The rise of bitcoin and other digital currencies has been widely reported, and it has the potential to have a significant impact on financial institutions and central bank operations. Will paper […]
The United States And European Union Increase Measures Against Russia Using Crypto Assets To Evade Economic Sanctions
The United Kingdom regulators stated that “using crypto assets to evade sanctions is a criminal offense.” Crypto assets usage to evade sanctions in foreign nations by Vladimir Putin’s associates has suffered another blow following the US and the EU announcement which is aimed at Russia’s economy and wealthy individuals. In reaction to President Vladimir Putin’s […]
Cardano’s On-Chain Activity Surpasses Ethereum’s As ETH Struggles to Recover
The attempt by Ethereum bulls to push the altcoin’s price past resistance at $2,839. Algorand is constructing a bridge to Ethereum, which could increase the amount of Ethereum transactions. If Ethereum price remains above its macro low of $2300, the altcoin may return to the area before reversing its trend. The bulls are unable to […]
Japan Exchange Group warns against impostor crypto trading programs
Japanese investors should be wary of organizations that provide cryptocurrency trading under the Japan Exchange Group (JPX) brand name, logos, and URLs. The owner of the Tokyo Stock Exchange and the Osaka Exchange, Japan Exchange Group (JPX), has issued a warning to the public about organizations that are misleading Japanese investors by offering crypto assets […]
Ex-Citigroup CEO Vikram Pandit: Cryptocurrencies To Be Traded By All Major Financial Institutions
Vikram Pandit, chairman of The Orogen Group and former CEO of Citigroup, spoke with Bloomberg’s Haslinda Amin at the Singapore Fintech Festival on the future of cryptocurrency trading for financial institutions. According to Pandit, the bulk of significant banks and other financial institutions will enter the cryptocurrency trading industry in the next few years, giving […]