News

The central bank released its statement in response to comments on a CBDC discussion paper published in February 2022. The Central Bank of Kenya received comments on a discussion paper on the potential issuance of a digital shilling and hasn’t reached a definitive conclusion. In a June 2 announcement on Twitter, Kenya’s central bank said it…Read More

Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines. Boosting financial inclusion is one of crypto’s strongest value propositions. Yet, ironically, the banking crisis has effectively de-banked the crypto industry itself, at least in the United States.How things panned out…Read More

Taurus raised $65 million in a funding round three months ago. Its clients can now issue digital securities automatically. Digital asset infrastructure provider Taurus is stepping up its tokenization efforts in Europe through a full integration with the Polygon blockchain, the company announced on June 2. The move will allow its clients to automatically issue digital…Read More

Christy Goldsmith Romero pointed to the collapse of FTX, Terra and Celsius in having the CFTC reconsider the way it handled risk management. Christy Goldsmith Romero, a commissioner with the United States Commodity Futures Trading Commission (CFTC), has commented on a proposal amending the government body’s Risk Management Program with respect to digital assets.In a…Read More

Bitcoin has been busy “perfectly” mimicking its moves after the March 2020 crash, QCP Capital argues. Bitcoin “consolidation” could end by July, new research predicts as optimism over a BTC price breakout returns.In its latest market update on June 2, trading firm QCP Capital revealed a bullish bias on both Bitcoin  (BTC) and the largest altcoin, Ether…Read More