Global CBDC development faces challenges after US ban

It seems that Malta is becoming both less popular among and less populated with crypto firms. The European Union country attracted dozens of industry players in 2018 on the back of the “blockchain island” agenda championed by the local government, but the relevant framework has not yet proven to be effective. Meanwhile, the official rhetoric…

A recent study conducted by the United Nations (UN) suggested a direct correlation between the price of Bitcoin (BTC) and the energy needed for mining operations.The UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global Bitcoin mining network consumed 173.42 Terawatt hours of electricity. During

News of BlackRock registering the iShares Ethereum Trust increased expectations that the asset manager may eventually apply for an Ether (ETH) spot exchange-traded fund. This is a positive sign as it shows that BlackRock’s cryptocurrency aspirations are not limited to Bitcoin (BTC).Market observers are increasingly optimistic that spot Bitcoin ETFs will be greenlighted by the United

International securities regulator International Organization of Securities Commission (IOSCO) suggested that some stablecoin implementations are securities.In a statement released on Nov. 4, IOSCO informed the public that on Oct. 30 its board met to — among other purposes — discuss stablecoins and the potential application of securities market regulations. IOSCO’s stablecoin market researchThe regulator notes that…

New all-time highs for the largest altcoin combine with fresh bullishness across crypto after this week's sell-off. 5062 Total views 18 Total shares Bitcoin (BTC) gained 4.3% on May 12 as cryptocurrencies recovered losses despite increasing turmoil on global stock markets.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC price reverses upwardsData from Cointelegraph Markets Pro and…

As Bitcoin (BTC) has been consolidating recently, many majors have been showing strength with double-digit movements. For instance, Ethereum’s Ether (ETH) rallied from $195 to $245, while Cardano (ADA) rallied with 65% in the recent week.However, some relatively large altcoins are lagging heavily, and two of them are XRP and Stellar Lumens (XLM), the third…

It remains unclear if Durov has been officially arrested or charged.

While serious institutional interest in crypto is perhaps becoming more of an established trend than an emerging narrative, the focus of big-money players is usually on Bitcoin (BTC). However, assets like Ether (ETH) and decentralized finance (DeFi) are beginning to pique the attention of major investors.For Siam Commercial Bank (SCB), DeFi is a major focus…