UK Parliament initiates inquiry into crypto and digital assets sector
A cross party group in the UK Parliament has begun an inquiry into the UK’s cryptocurrency and digital assets sector.
Is the crypto crash a failure of regulation?
The crypto industry has been on a white-knuckle rollercoaster over the last few years. Establishing a market presence back in 2013, the price of Bitcoin rose from just over $10,000 in 2017 to over $61,000 in October 2021. However, the market is now experiencing a bust. Was a failure to regulation to blame?
Crypto firm Meow bags $22m in Series A
Meow, a compliant crypto yield offering for corporate treasuries, has scored $22m in a Series A funding round.
Will CBDCs deliver major social change?
A recent study by Ripple has found that over 70% of respondents across five global regions believe central bank digital currencies (CBDCs) could deliver major social change in the next five years.
Delio launches as South Korea’s first cryptocurrency bank
Delio, a digital finance platform, has introduced the first cryptocurrency bank to be launched in South Korea.
Fed Vice Chair calls for quick action on crypto regulation
The cryptocurrency industry needs strong regulation before it becomes so pervasive it poses financial stability risks, claims Federal Reserve Vice Chair Lael Brainard.
MAS refuses to rule out further regulatory restrictions on crypto
The Monetary Authority of Singapore (MAS) has claimed it will not rule out adding further restrictions on retail crypto-traders as well as amending existing legislation.
Why the crypto asset meltdown may have far-reaching implications
The collapse of cryptocurrency appears to be underway. Over the past six months, the value of Bitcoin alone has fallen almost 50% - and could be set to fall even further. Will this lead to further-reaching implications?
ECB to issue Eurozone warning on need for crypto regulation
The European Central Bank is expected to issue a warning to Eurozone countries around the need to harmonise cryptocurrency regulation, the Financial Times has reported.
EU lawmakers settle on MiCA regulation for crypto
The Council Presidency and European Parliament have come to an agreement on the Markets in Crypto Assets (MiCA) proposal.