UK financial watchdog to crypto industry: ‘Let’s work together’
    26 Apr 2023
    263 Views

    The Financial Conduct Authority wants input from crypto companies on moving forward with regulations. The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), wants to work together with crypto companies to develop a regulatory framework for the industry. On April 25, FCA Executive Director Sarah Pritchard spoke at London’s City Week conference highlighting the need for cooperation…

    CFTC proposes reducing anonymity to manage risks
    26 Apr 2023
    318 Views

    Commodity Futures Trading Commission Commissioner Christy Goldsmith Romero has urged crypto companies to verify the digital identity of users, saying that Congress is considering new laws addressing anonymity and digital identity. A commissioner of the United States  Commodity Futures Trading Commission (CFTC), Christy Goldsmith Romero, has proposed reducing the anonymity of cryptocurrencies as a means…

    Stablecoin payments: Visa shares plans for ‘ambitious’ crypto product
    26 Apr 2023
    340 Views

    Visa’s upcoming crypto product is designed to drive mainstream adoption of public blockchain networks and stablecoin payments. Global payment giant Visa continues to explore the benefits of the cryptocurrency industry with a new initiative focused on stablecoin payments. Cuy Sheffield, head of crypto at Visa, took to Twitter on April 24 to announce a new…

    Bitcoin price jumps in the wake of First Republic Bank price crash
    26 Apr 2023
    339 Views

    The price of Bitcoin has bounced upwards as First Republic Bank deposit slump sparks fresh banking crisis fears in the United States. The price of Bitcoin (BTC) spiked more than 3% in the last 24 hours as fears were sparked of another possible imminent bank failure as First Republic Bank (FRC) shares closed down more…