UK will hold back action against crypto ‘pockets of exuberance’ for now
The Bank of England’s latest Financial Stability Report took stock of the massive increase in crypto prices and trading activity this year....
Indian Bank Blocks Use of RBI’s Remittance System for Crypto While Government Delays Bill
Major Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI,...
OK Group to help China combat money laundering with blockchain
OK Group will start working with Chinese authorities to combat money laundering using distributed ledger technology....
Bitcoin Mining Industry Shows Signs of Recovery
The overall hash rate has recovered substantially during the last week....
Bitcoin Investors Owning Coins Aged Between Two and Five Years Hold Over 22.9% of BTC Supply
As Bitcoin continues consolidating between the $30K and $40K range, BTC investors holding coins aged between two and five years are still confident about their...
AML compliance mandatory for foreign crypto exchanges, says Korean regulator
South Korea’s strict crypto regulatory oversight is now extending to overseas exchanges that offer cryptocurrency trading services denominated in the country’s currency....
Bitcoin rebounds from $33K-support as US dollar inflation comes back into focus
Bitcoin moved inversely to the dollar at the beginning of this week as traders awaited the June CPI report due Tuesday....
Ripple XRP Continues Consolidating Its Value Above $0.6 New Support Level
Technical indicators show that XRP is likely to consolidate its price inside a range of the $0.60 support level and the 0.65 resistance level. (Read...
Africa Will ‘One Day Have a Common Currency’ Says Secretary General of African Continental Free Trade Area
The secretary-general of the African Continental Free Trade Area (AFCFTA) secretariat, Wamkele Mene, says Africa will “one day have a common currency” via a proposed...
Former Bitmain CEO Jihan Wu: Regulatory crackdown may be good for crypto
Wu also pitched Singapore, where his current company Matrixport is based, as a strong contender to serve as “a hub for crypto innovations.”...