Possibility Of a Crypto and Financial Markets Collapse

The market may have seen the arrival of the black swan that nobody saw coming. Credit Suisse is a central global investment bank. There is a real possibility that the bank may collapse, which would lead to a catastrophic market meltdown.  The crypto and finance sectors triggered the conversations that led to this. What Is […]

A New Report Finds EU Sanctions Will Limit Russian Use of Europe’s Crypto Services

These events are occurring while the situation in Ukraine continues to worsen. Earlier this year, the EU restricted only “high-value” crypto-asset transactions to individuals and businesses in Russia. The current sanctions are likely to become more severe for the Russian Federation. EU Sanctions Over Ukraine May Target Russian Crypto Services The EU is getting ready […]

Japan Aims to Introduce New Legislation to Prevent Money Laundering Using Crypto

According to local sources, Japan is concentrating on enforcing new regulations to curb the practice of money laundering. The regulations center on the dissemination of consumer data and the transmission of payments. Modernization Of the Act With an aim toward bringing order to the cryptocurrency market, the Japanese government has proposed more measures. Local media […]

Bitcoin Selling Pressure Drops as XRP And Ethereum Rise

There has been a significant price reduction across the board in the cryptocurrency market as a whole. However, investors have continued selling off some of their bitcoin holdings. The fervor among BTC holders might connect to the widespread belief that the value of specific cryptocurrencies would soon increase. Despite The Drop-in Bitcoin Activity, There Is […]

Custody Service for Institutional Cryptocurrencies Launched by Nasdaq

On September 20, 2022, Nasdaq, a large financial services provider, stated that it would establish a new cryptocurrency-centric business unit. Nasdaq Digital Assets aims to streamline the process for institutional investors. The new initiative will encourage large financial institutions to engage in the rapidly expanding cryptocurrency markets.  Nasdaq Rivals Anchorage Digital and Coinbase Nasdaq Inc. […]

Stablecoin Issuers Might Face Criminal Prosecution If The House Bill Passes

There have been suggestions for a prospective framework for stablecoin regulation. With the law, assets like TerraUSD may be illegal for two years. The Financial Stability Oversight Council will convene on September 23 under the direction of U.S. Treasury Secretary Janet L. Yellen. In a report by Bloomberg, the bill’s text indicates that issuing or […]