According to the Reuters report, risks from the $2.6 trillion crypto market could grow quickly, and regulators need pre-prepared measures to bring the sector to heel, the Financial Stability Board (FSB), a risk monitoring watchdog for the G20 economies, said on Wednesday. Financial regulators across countries are working on crypto regulations actively. “Investors don’t […]
Boost Insurance, an insurance infrastructure-as-a-service platform, alongside go-to-market partner, Breach Insurance, a company that provides insurance technology and regulated insurance products for the cryptocurrency market, today announced the launch of Crypto Shield, an insurance product for cryptocurrency available to retail wallet holders. Crypto Shield covers the theft of cryptocurrency while in the custody of a […]
NEW YORK–(BUSINESS WIRE)–Tiedemann Group1 (“Tiedemann”), Alvarium Investments Limited2 (“Alvarium”), and Cartesian Growth Corporation3 (“Cartesian”) (NASDAQ: GLBL), today announced the selection ... Read More
The Indian government is consulting with the Reserve Bank of India (RBI) on crypto policies. According to the finance minister, the government and the central bank are in “complete harmony” on crypto and other issues. Indian Government and Central Bank Discussing Crypto Policies Internally Indian Finance Minister Nirmala Sitharaman revealed Monday that the government is…
Coinbase's promotional page, website and app went dark on Sunday following the showing of its ad during the NFL Super Bowl — one of a handful of high-profile crypto commercials that aired
The International Monetary Fund has said that central bank digital currencies (CBDCs) like eNaira are better options than cryptocurrencies, including Bitcoins and other altcoins. In a new statement, IMF managing director Kristalina Georgieva says that CBDCs are gaining momentum after moving from theoretical to practical explorations. Georgieva stated, “In order to become familiar with the bits […]
Switzerland’s largest bank, UBS, expects the United States Congress to take a long time to pass cryptocurrency legislation despite mounting interest in crypto investments and regulators calling for Congress to weigh in on crypto legislation. Congress Could Take a Long Time on Crypto Legislation The largest bank in Switzerland, UBS, published its view on U.S. […]
Kenya starts exploring CBDCs and asked the broad public to express their viewpoint on the financial products so let’s read further in today’s latest cryptocurrency news. Kenya starts exploring CBDCs and said that they could positively impact the local financial system but the Central Bank even introduced a discussion paper to find out what the […]