A third of central banks cool on launching CBDCs over regulatory concerns
A survey from a central bank-focused think tank found that fewer than one in five central banks are inclined to issue a central bank digital currency, compared to 38% in 2022.
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Changpeng Zhao steps down as Binance.US chair
The former Binance CEO faces one felony count in the United States as part of a settlement with local officials and regulators. 108 Total views 1 Total shares Changpeng “CZ” Zhao, the former CEO of major cryptocurrency exchange Binance, will also step down from his position as chair of the board of directors for United

USDC depegged, but it’s not going to default
Over the past week, investors understandably became concerned over the news that billions of dollars backing USD Coin (USDC) — the second-largest stablecoin — were locked up in the distressed Silicon Valley Bank (SVB). The market reacted violently, causing USDC to lose its dollar peg. But while the concern was understandable, it has become clear…

Bitcoin is beating Warren Buffett’s ‘crypto bet’ in 2023
In 2023, Bitcoin (BTC) and Cathie Wood's Coinbase (COIN) investment are finally outperforming Warren Buffett's popular "crypto bet" in Brazil's fintech giant Nubank (NU). Bitcoin vs. crypto-exposure stocks NU, COINAs of March 17, Bitcoin's price is up nearly 55% year-to-date (YTD). In comparison, Nubank has risen by only 26%. Meanwhile, another crypto-exposure asset, namely Coinbase stock (COIN), has seen the…

Turkey mulls addressing licensing and taxation in new crypto rule
Bora Erdamar from the BlockchainIST Center emphasized that upcoming crypto regulations prioritize specific licensing standards to prevent system abuse. 184 Total views 2 Total shares Turkey is reportedly considering regulations for its crypto market, focusing on licensing and taxation. The aim is to remove the country from the “grey list” of the Financial Action Task

Secret Alameda recording reveals exact moment staff learned about FTX deposits
A 75-minute recording, obtained by Cointelegraph, shows the exact moment former Alameda Research CEO Caroline Ellison told employees about their use of FTX customer deposits. 757 Total views 4 Total shares A 75-minute secretly recorded audio clip of Caroline Ellison has revealed the exact moment 15 former Alameda Research staff found out the hedge fund

$50K BTC price vs. the Fed — 5 things to watch in Bitcoin this week
Bitcoin (BTC) is back at $50,000 as a new week gets underway with a bang.After a strong weekend, Bitcoin finally crossed the long-awaited $50,000 mark overnight on Aug. 22.Along with a firm sense of deja vu, traders are naturally curious as to what will happen next — and crucially whether Bitcoin has bitten off more…

Derivatives data favors Ethereum bulls even with this week’s crash below $3K
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European families see crypto as a tool to increase savings: Survey
The study noted that three out of five European respondents declared a 50% growth in their crypto investments. 159 Total views 13 Total shares While there are risks associated with crypto investing, some see it as a way to boost their family savings, a recent study commissioned by crypto trading platform BitMEX shows. The survey, conducted…