Business

Sweden’s central bank completes second phase of e-krona testing

The Swedish central bank’s digital currency project, a proposed CBDC, known as the e-krona has successfully finished its second phase of trials. According to Riksbank,

Business

Are CBDCs kryptonite for crypto?

Central bank digital currencies — digital currencies backed by a central bank — have received renewed interest with the United States President Joe Biden’s Executive

Business

European Commission opens new consultation on digital euro

The European Commission is calling for financial services specialists to weigh in on the potential rollout of a digital euro. In a Tuesday notice, the

Business

US sanctions Russia’s largest darknet market and crypto exchange Garantex

The United States Department of the Treasury’s Office of Foreign Assets Control has announced it will impose sanctions on darknet market Hydra and virtual currency

Business

Georgian central bank prepares legislation to regulate the crypto market

Georgia, the country on the Black Sea, is preparing to regulate its cryptocurrency market. National Bank of Georgia Governor Koba Gvenetadze told The Financial on

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US lawmakers introduce companion bill to ‘mitigate risks’ from El Salvador’s Bitcoin Law

Two members of the House of Representatives have introduced legislation aimed at mitigating the risks to the United States financial system due to El Salvador

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Singapore aims to streamline financial watchdog’s authority over crypto firms

The Singaporean government has approved legislation that will give the Monetary Authority of Singapore, or MAS, additional power to respond to crypto firms doing business

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FTX US to invest in IEX stock exchange to launch digital securities

Sam Bankman-Fried’s cryptocurrency exchange FTX continues aggressively investing in traditional finance, with the United States-based affiliate FTX US investing in Investors Exchange (IEX), a U.S.

Business

SEC chair: retail crypto investors should be protected

Gary Gensler, chair of the United States Securities and Exchange Commission, said the agency’s protections that apply to investors of traditional assets should extend to

Business

Intergovernmental Panel on Climate Change calls cryptocurrency CO2 emissions a ‘growing concern’

The United Nations arm aimed at assessing the science related to climate change, the Intergovernmental Panel on Climate Change, or IPCC, has named crypto among