Bank of Canada says no to retail CBDC in reshuffling of priorities

The Financial Supervisory Commission considers itself to be “in the exploratory phase” for crypto exchange-traded funds. 169 Total views 2 Total shares Taiwan’s principal financial regulator, the Financial Supervisory Commission (FSC), is considering allowing crypto exchange-traded funds (ETFs) in the country, but only after analyzing the product’s development in other markets worldwide. At the moment

Canada-based mobile payments company Glance Technologies Inc. has added support for Bitcoin (BTC) as a payment method, according a press release published Nov. 29.The firm’s release states that the new feature, dubbed “Pay With Bitcoin,” enables users “to pair their cryptocurrency wallet with their Glance Pay account, and then purchase Glance Dollars with Bitcoin.” The…

Binance’s deregistration with the FCA did not have an operational impact, as it had never done business in the United Kingdom, a regional manager said. 3545 Total views 24 Total shares Troubled cryptocurrency exchange Binance continues to withdraw from major markets amid the ongoing pushback from global regulators.Binance Markets Limited (BML), Binance’s United Kingdom-based subsidiary,…

Google search data and exchange activity point to the declining interest from retail traders as crypto investors search for the next big spark that will bring fresh capital into the ecosystem. 243 Total views 3 Total shares One of the main narratives of hope for cryptocurrency investors is that there will be a major shift…

This week is when volatility returns and a make or break moment for BTC/USD hits, traders believe. 747 Total views 1 Total shares Bitcoin (BTC) is nearing the end of a consolidation period which traders are betting will spark a fresh bullish breakout.In a tweet on June 1, popular trader Crypto Ed became the latest…

Earlier this week, Dutch billionaire John De Mol launched a lawsuit against Facebook over crypto ads using his image without permission.De Mol claims that consumers have lost as much as 1.7 million euros (over $1.9 million) due to the ads, and his reputation was damaged as a result.It is not the first time the California-based…

Bitcoin’s bull run from last year has caused even some of its biggest skeptics to soften their stance. From economists to hedge fund managers, the world is opening itself up to technology, and at the center of this movement is decentralized finance, or DeFi. While the market capitalization of all cryptocurrencies has hit $2 trillion,…

MUFG Bank, the largest bank in Japan and the world’s fifth-largest bank, has denied reports that it plans to launch a digital currency in Japan next year.In a statement on Dec. 4, Mitsubishi UFJ Financial Group Bank (MUFG) said it had not decided whether a recent business partnership would ultimately form a digital currency entity.MUFG:…

Justin Sun's SunPump community abandons LP token burning in favor of a more transparent, onchain buyback and burn process.