Is onboarding too hard? Crypto adoption still faces major obstacles

Goldman Sachs CEO David Soloman has forecast a big evolution in how the U.S. government regulates cryptocurrency. 4923 Total views 24 Total shares David Solomon, CEO of Goldman Sachs has forecast a “big evolution” in how the U.S. government regulates Bitcoin and other cryptocurrencies, in relation to financial institutions. In an interview with CNBC today,…

The commission alleges Bybit exposes local investors "to unacceptable risks and create[s] an uneven playing field within the crypto asset trading platform sector.” The Ontario Securities Commission has issued a notice stating that it will be holding a hearing against Bybit regarding the crypto exchange allegedly “flouting” Canadian securities law.In a Monday notice from the…

Spectators could not see Crypto.com’s logos during Formula One's French Grand Prix, while staff from Alfa Romeo, AlphaTauri and Alpine reportedly removed crypto-related branding. 83 Total views 1 Total shares Many Formula 1 international racing teams reportedly removed or covered branding and logos from crypto-related sponsors in response to uncertainty around France’s advertising regulations.According to…

The White House announced on July 21, that prominent artificial intelligence (AI) companies, such as OpenAI, Google and Microsoft, have made commitments to create AI technology that is safe, secure and transparent. Additionally, the White House acknowledged other companies like Amazon, Anthropic, Meta and Inflection for also committing to AI safety.The Biden Administration emphasized the…

In its recent analysis published Dec. 17, research firm Diar has found that institutional investors have shifted towards higher liquidity over-the-counter (OTC) physical Bitcoin (BTC) markets.Diar noted growing investment in OTC funds like that offered by major American cryptocurrency exchange Coinbase. According to the report, Coinbase outperformed Grayscale’s Bitcoin Investment Trust (GBTC) on OTC markets…

Billionaire entrepreneur Elon Musk, who recently purchased Twitter in hopes of unleashing the platform’s full potential, acknowledged Twitter’s contribution in tracking down the FTX developments in real time. 828 Total views 2 Total shares On the night of Nov. 11, several wallet addresses linked to FTX were found transferring millions of dollars worth of cryptocurrencies…

Switzerland-based online bank Dukascopy is developing its own Ethereum blockchain-based stablecoin, according to the white paper published on June 27Per the document, Dukascopy intends to issue ERC-20 stablecoins dubbed “Dukascash” pegged to the euro, Swiss franc, and U.S. dollar, and gradually increasing the list of Dukascash tokens’ base currencies depending upon customer demand. The bank…

The Bank of England’s latest Financial Stability Report took stock of the massive increase in crypto prices and trading activity this year. 887 Total views 4 Total shares The Bank of England (BoE)’s latest Financial Stability Report, released twice yearly, acknowledges that increased crypto trading action and price volatility in 2021 signal that the sector…

“We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said the group's chairperson and MP Lisa Cameron. 266 Total views 29 Total shares Lisa Cameron, a member of parliament for the United Kingdom’s House of Commons, is reportedly…