Crypto CEOs Address Congress About Industry
The long-awaited meeting between the CEOs of top crypto companies and the U.S. House Financial Services Committee finally happened, raising various issues. At the center of these discussions was the issue of regulations in the industry. The discussion between the CEOs
Bank of England Says Crypto Rules A ‘Matter of Urgency’
Sir Jon Cunliffe, the Deputy Governor for Financial Stability at the Bank of England, has issued several recommendations on creating a stable crypto climate. The executive stated that a crash in cryptocurrency prices was “plausible” and that rules regarding crypto assets
U.S. & Saudi Arabia Moving Differently Regarding Crypto
After years of denying its citizens access to the cryptocurrency, Saudi Arabia has fully legalized the trading and selling of Bitcoin between its citizens (though banks are still prohibited from accessing it). This comes after the country banned the trading of
80% of Top Stablecoins Controlled by Less Than 6 Accounts
CoinMetrics reported that very few accounts in each of the stablecoin networks hold the majority of the total capitalization of these top five stablecoins. The published report revealed that there was severe centralization among several top stablecoins with only six accounts
$1 Billion USDT on Binance Sidelines
Tether (USDT) is easily one of the most important coins in crypto history. As the first stablecoin available in the cryptocuyrrency space, it has set a sort of bench mark for the plethora of stablecoins which have followed. However, the history