Banks could flood into stablecoins if new bill passes: S&P Global

Indian cryptocurrency exchange Unocoin has fired half its staff, leaving the company with 14 workers, Indian daily news outlet The Economic Times reported on April 16.Citing regulatory uncertainty in the industry, Unocoin said it had made the decision prior to a Supreme Court hearing on cryptocurrency’s legal status in India, set for July.As Cointelegraph reported,…

Bitcoin and Ether may spend more time inside a range before starting a trending move.

United-States-based Twitter users had been reporting suspicious data access requests from FTX.US to their bank accounts. 1344 Total views 6 Total shares Plaid is a fintech company that facilitates communication between financial services apps and users’ banks and credit card providers. In FTX.US’ case, its products enable users to allow FTX.US customers to connect their…

Collective action, labor struggle and protest go hand in hand, and it’s no secret that unionizing and organizing to fight for workers’ rights is a tedious task. But is there a way to simplify and boost the efficiency of the process?On this week’s episode of the newly launched podcast The Agenda, Cointelegraph senior copy editor…

After a decidedly lackluster IPO debut last week, Robinhood shares have been wildly volatile in recent days, at one point skyrocketing by as much as 81% on the day. After making unwanted headlines with its disappointing IPO debut on Nasdaq last week, shares in stock and cryptocurrency trading app Robinhood have seen wild volatility in…

Binance’s crypto exchange for United States-based users, Binance.US, is now available for beta testing on Android devices.In a tweet published on Dec. 25, Binance.US urged the public to participate in the beta test of the crypto trading application on Android devices. Through this testing phase, users will help Binance.US to identify possible flaws and work…

Japanese messaging app Line has entered into a final agreement with financial giant Nomura Holdings to form a blockchain alliance.Focus on blockchain technologyOn Oct. 4, Line, together with Line Group company LVC Corporation and Nomura Holdings, announced that the three companies have signed the final capital alliance agreement, which is based on the collective intent…

The American Express executive said that their firm is bullish on crypto and is actively working to incorporate more crypto-related services in the future. 218 Total views 22 Total shares Gonzalo Pérez del Arco, the director of government affairs in South Europe for card payment giant American Express, believes that making payments with crypto is not…

Where just a handful of years ago, the idea would have been immediately dismissed or even met with ridicule, the United States Federal Reserve is now taking the concept of an official dollar stablecoin seriously.Markets have heard more frequent guidance from the Fed on cryptocurrencies in recent years, and thanks to two curious U.S. representatives…