EU markets watchdog urges amendments to MiCA crypto regulations
The European Securities and Markets Authority acknowledged the legal limitations raised by the European Commission but emphasized the importance of the framework’s initial objectives.
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Stablecoins can benefit financial system, Fed governor says
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone.

Major Korean Bank Signs MoU With Atomics Lab to Explore Crypto Asset Management
Major South Korean commercial lender KB Kookmin Bank has signed a Memorandum of Understanding with blockchain technology firm Atomics Lab to jointly explore digital asset management and protection solutions. The news was reported by local business news portal Business Korea on June 11.The MoU — signed yesterday, June 10, in Seoul — establishes that the…

BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash
It's looking more and more like a capitulation, but so far, open interest remains "unflushed," analysts warn. 4163 Total views 72 Total shares Bitcoin (BTC) refused to stem recent losses during Jan. 22 as predictions of a flight to $33,000 and lower looked increasingly likely to become a reality.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView.Open…

Nestle: IBM Food Trust Blockchain Set to Expand to New Suppliers, Consumers in 2019
Swiss-headquartered food retail giant Nestle S.A. says that the blockchain-based IBM Food Trust initiative — which counts major global retailers such as Walmart and Unilever as members— is gearing up to onboard new suppliers and retailers this year.Benjamin Dubois, digital transformation manager of global supply chain at Nestle, spoke of the development in an interview…

Consumer watchdogs call for EU action on in-game digital money
Consumers fall prey to many deceptive practices when buying and using in-game currencies in video games, claims BEUC.

Avalanche integrates with Stripe for fiat-to-crypto onboarding
Avalanche C-Chain users can now buy AVAX directly within Web3 apps, using a widget supplied by Stripe.

Latest Fiat-Crypto Exchange Launches In India as Local Trade Volumes Soar
A new fiat-crypto exchange has launched in India, two months after lifting the country’s stringent ban on banks’ dealings with crypto businesses.The Bangalore-headquartered exchange, dubbed BitPolo, went live on May 6. It was originally founded in March; the same month the Supreme Court ruled against the central bank’s longstanding moratorium on crypto-related banking support.BitPolo supports…

China: Media Alliance to Use Blockchain Technology for Copyright Protection
A media copyright protection alliance has been established in Beijing to provide copyright protection services using blockchain technology, according to the Chinese state-owned International Finance News on Dec. 19.The newly established alliance — the "China Financial Media Copyright Protection Alliance" — involves more than 30 major financial media outlets such as International Finance News, Economic…