Bitcoin is beating inflation better than the United States dollar, the U.S. Federal Reserve says — but unintentionally. In a blog post first released in June 2022 and since updated, the St. Louis Fed compares buying eggs with BTC compared to dollars — still with surprising results. Bitcoin vs. U.S. dollar: “Eggflation” has gone nowhere Bitcoin hodlers arguably…

United States-based exchange Kraken has announced a pending deal to acquire Netherlands-based cryptocurrency exchange Coin Meester B.V. (BCM) as it sets its sights on European expansion. While financial details of the deal have not been disclosed, Kraken and BCM announced the coming acquisition following the European Union’s implementation of its Markets in Crypto-Assets (MiCA) regulatory framework. The…

The umbrella organization for Canada’s securities regulators has set out conditions for the trading and issuance of stablecoins. The Canadian Securities Administrators (CSA) has provided guidance to exchanges and cryptocurrency issuers on its interim approach to what it calls value-referenced crypto assets, with a particular focus on stablecoins. On Oct. 5, the umbrella organization of Canada’s…