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Crypto

Binance stablecoin backer ordered to stop issuing token – Binance CEO

New York's chief financial regulator has ordered Paxos, the company behind the stablecoin of major crypto exchange Binance, to stop issuing the token, Paxos...

Central bank test lab to trial ‘stablecoin’ monitoring system

LONDON (Reuters) - A global central bank test lab run out of London is designing a 'stablecoin' monitoring system aimed at giving authorities a...

Canada’s Hut 8 Mining to merge with US Bitcoin to weather crypto downturn

Canada's Hut 8 Mining Corp (HUT.TO) will merge with rival US Bitcoin Corp to create a crypto mining giant in North America, consolidating after a steep...

UK watchdog warns crypto firms to prepare for advertising rule change

Britain's financial watchdog warned crypto businesses on Monday to get ready for a rule change on advertising later in the year, warning that any...

The most Googled cryptocurrencies in Florida revealed

New research has revealed the cryptocurrency that Florida is Googling the most with Bitcoin taking the top spot. The research conducted by cryptocurrency expertscryptomeister.com analyzed Google...

Britain’s first crypto regulations to set ‘robust’ standards

Britain's finance ministry plans "robust" regulations for crypto assets, following the collapse of crypto exchange FTX last year, which left millions of people nursing...

Crypto lending unit of Genesis files for U.S. bankruptcy

The lending unit of crypto firm Genesis filed for U.S. bankruptcy protection on Thursday, owing creditors at least $3.4 billion, after being toppled by...

Davos 2023: Crypto Is Down but Not Out

The crypto industry showed up in force at the World Economic Forum’s annual conference in May 2022. Eight months, numerous bankruptcies and a major collapse...

How Amazon, Microsoft, and Google are supporting Web3 and blockchain development

Cloud computing — a process of storing and accessing data and computing services over the internet — is one of the biggest revolutions in...

Salvadoran lawmakers pass digital asset issuance law in bitcoin haven

El Salvador, which became the first country in the world to recognize bitcoin as a legal tender two years ago, approved on Wednesday a...

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