Business

Mass appeal: Could a Bitcoin futures EFT electrify US investors?

Are crypto exchange-traded funds (ETFs) finally coming to the United States of America? Dozens of cryptocurrency-based ETFs or ETF-like products are currently selling on regulated

Business

SEC reportedly investigates decentralized exchange Uniswap

The United States Securities and Exchange Commission is reportedly investigating the startup behind the world’s largest decentralized cryptocurrency exchange, Uniswap. The U.S. securities regulator has

Business

South Africa’s financial regulator issues warning against Binance

South Africa’s Financial Sector Conduct Authority (FSCA) has warned the country’s public against dealing with crypto exchange platform Binance. In a statement issued on Friday,

Business

Nigeria’s securities regulator establishes fintech unit to study crypto

In 2021, financial institutions operating in Nigeria have been the lever of a government crackdown on cryptocurrencies, beginning with February’s notorious central bank ban on

Business

Bithumb crypto exchange reportedly bans foreigners without mobile KYC

South Korean crypto exchange Bithumb has reportedly announced a ban on foreigners who have not completed phone-based Know Your Customer (KYC) verification. According to local

Business

Stablecoins are assets — not currencies, says ECB president

Christine Lagarde, president of the European Central Bank, said all cryptocurrencies, in which she included stablecoins and speculative assets, “are not currencies at all.” In

Business

Cryptocurrencies now recognized under commercial law in Texas

Two bills aimed at furthering the adoption of cryptocurrencies and blockchain are now law in the state of Texas. Texas House Bills 4474 and 1576,

Business

Illegal crypto mining not the cause of power shortages in Iran, ministry says

Iran’s Ministry of Industry, Mine and Trade reportedly dismissed claims by leading power company Tavanir that blamed illegal cryptocurrency miners for the ongoing power shortages

Business

Australia, Singapore, Malaysia and South Africa launch joint CBDC pilot

The central banks of Australia, Singapore, Malaysia and South Africa have announced a joint initiative to trial international settlements using central bank digital currencies (CBDCs).

Business

SEC boss tells EU Parliament crypto and fintech could be as disruptive ‘as the internet’

Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding