Digital Euro Needs Curbs to Halt Lending Crunch, ECB Study Finds
Europeans would need to have access to a new digital euro capped to prevent significant outflow from conventional banks,...
Will Stablecoins Be Tethered to the Fed? Lawmakers Have Circled That Option
Companies issuing stablecoins would have to deal with the Federal Reserve as the chief oversight agency, according to the...
IMF Says Crypto Sell-Off Won’t Hit Broader Financial Market
Crypto market collapses aren’t a worry for global financial stability, the International Monetary Fund (IMF) said Tuesday in a...
Today is the Big Day for These 13 Altcoins: Here’s What They’ll Be!
The Bitcoin and altcoin ecosystem is constantly evolving. In the list below, you can see which altcoin projects will...
First Mover Americas: BTC and ETH Outperform Traditional Markets in July Despite Dollar Strength
Good morning, and welcome to First Mover. I’m Lyllah Ledesma, here to take you through the latest in crypto...
Bank of Japan SMBC Increases NFT Plans
Japanese bank SMBC, NFTHe recently made some statements that will attract the attention of his customers. one of the...
Bank of Central African States Urged to Introduce Common Digital Currency: Report
The Bank of Central African States is being pushed to introduce a common digital currency that can be used...
Bitcoin Slips Below $23K Ahead of ECB Rate Decision
Bitcoin (BTC) retreated to under $23,000, having printed a six-week high of $24,265 on Wednesday. Despite the pullback, prices...
Crypto Payments Firm BCB Group Hires Deputy CEO to Expand Internationally
BCB Group, a cryptocurrency trading and payment services firm, has appointed Noah Sharp as deputy CEO, in a bid...
UK Markets Bill Extends Banking Rules to Crypto Assets
The U.K. Treasury has unveiled its proposed digital asset legislation a day before members of Parliament plan to begin...
‘Singapore-based’ Crypto Firms Leading Market Meltdown Were Not Regulated, Central Bank Chief Says
Ravi Menon, managing director of the Monetary Authority of Singapore (MAS), says troubled crypto firms like Three Arrows Capital,...
French Banking Giant BNP Paribas Enters Crypto Custody Space: Sources
French Bank BNP Paribas (BNP.PA) is entering the crypto custody space via a partnership with Swiss digital asset safekeeping...
First Mover Asia: BTC Spikes Over $22.8K; DappRadar’s Complicated Valuation Model and the Difficulties of Assessing NFTs
Good morning. Here’s what’s happening: Prices: Bitcoin rises over $22.8K; ether soars past $1.6K on Merge optimism. Insights: DappRadar...
US Treasury Open to Nonbanks Issuing Stablecoins, Official Says
As Congress considers a path for nonbanks to be allowed to issue stablecoins, Nellie Liang, the U.S. Treasury Department’s...
Celsius Bankruptcy Filings Hint Retail Customers Will Bear Brunt of its Failure
Liquidity-strapped crypto lender Celsius Network filed for Chapter 11 bankruptcy protection in the Southern District of New York on...
Circle’s Detailed Reserve Report Shows Only Cash, Short-Term Treasurys Back USDC Stablecoin
Circle Internet Financial released a detailed – though unaudited – breakdown of its reserve assets for the firm’s USD...