Stablecoins have the possibility to become a promising alternative system amid global inflation, but they must be auditable to remain stable.
Category: Ethereum News
FTX expands to Europe with CySEC approval
Headquartered in Switzerland, FTX Europe will offer FTX products in Europe, including crypto derivatives services.
Clear regulations will accelerate crypto adoption, says SEBA Bank exec
“In the medium-long term, I expect engagement with crypto to accelerate prompted by a clearer regulatory environment,” SEBA Bank’s Christian Borel told Cointelegraph.
European Parliament will hold vote on crypto bill without PoW provision
“Strong support for MiCA is a strong signal from the EU Parliament for a technology-neutral and innovation-friendly financial sector,” said Stefan Berger.
FCA reiterates power to ‘suspend or cancel’ crypto firms’ registrations following Bifinity concerns
Certain individuals and entities that are part of the Binance Group may now be considered “beneficial owners” of Digivault following the Bifinity and Eqonex partnership.
Examining the crypto market’s reaction to the Russia–Ukraine crisis
Bitcoin price sentiment first turned fearful but soon switched to mildly bullish as price began to slowly rise, reclaiming the lost levels.
Law Decoded: Crypto in times of war, Feb. 28–Mar. 7
The catastrophe unfolding in Ukraine will have long-lasting consequences for the crypto space, too.
US Virginia Senate allows state banks to offer crypto custody services
Delegate Christopher T. Head introduced the bill back in January 2022, seeking an amendment to allow eligible banks to offer crypto custody services.
Ukraine finds unlikely ally in efforts to bar Russian access to crypto: The Central Bank of Russia
It appears both countries want crypto to be banned in Russia following the nation’s recent war efforts.
CEXs refuse blanket asset freeze of all Russian users, though questions linger
If Western sanctions ramp up, CEXs may be forced to ban all Russian users from using their services, as they have previous done in Iran.