Crypto Startups Are Destroying Millions of Coins – And Investors Love It

The Basel Committee, a global standard-setter for banks, has said it plans to consult on potential revisions to its criteria for stablecoins on Thursday.The news came after the committee took stock of its review of elements of the prudential standard for banks' exposure to crypto that it published in December last year.Regulators have been looking

Switzerland's financial markets regulator has issued a license to a cryptocurrency investment fund in a move that opens the door for wider institutional participation in the country's crypto activities. Zug-based Crypto Finance AG announced on Tuesday that the Swiss Financial Market Supervisory Authority (FINMA) has given the green light to its subsidiary, Crypto Fund AG,…

Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Jamie Crawley is a CoinDesk news reporter based in London.Join the most important conversation in crypto and Web3 taking place in Austin, Texas, April 26-28.Thai crypto exchange Zipmex's $100 million venture capital buyout could be in jeopardy after the investor…

A Belgium-based think tank is arguing that the EU should create a single standard for cryptocurrency rules in a report sent to finance ministers within the economic bloc. Bruegel, based in Brussels, the Belgian capitol, believes that the EU needs "common rules" on cryptocurrencies, as well as how tokens are distributed and traded, Reuters reported…

Spot bitcoin exchange-traded funds will soon hold over one million BTC. The funds recorded one of their biggest week of inflows last week, taking in over $2.1 billion in just five days. BlackRock's iShares Bitcoin Trust (IBIT) could soon cross the 400,000 bitcoin mark. 01:54 BlackRock Buys More MicroStrategy Shares; Citi Debanked Ripple's Brad Garlinghouse

The growth of artificial intelligence (AI) in the economy could be a boon for cryptocurrency, according to Joe Lonsdale, co-founder of data analytics firm Palantir (PLTR).AI agents - entities that use AI technology to perform specific tasks - would probably use crypto when conducting financial transactions, adding that bitcoin (BTC), ether (ETH) or solana (SOL)

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Rapid gains in bitcoin (BTC) prices seemed to pause Wednesday morning as traders likely took profits on a week-long rally, bumping bitcoin prices as much as 25% on hopes of a spot exchange-traded fund (ETF) approval in the U.S.Major tokens showed mixed movement as Cardano’s ADA slipped 2%, while Solana’s SOL tokens added 3%, extending

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