New York regulator set to approve Ripple’s RLUSD stablecoin: Report

European Central Bank executive board member Yves Mersch believes that the main impediment for CBDC is philosophical rather than technological. A number of countries such as China and Sweden are already experimenting with central bank digital currencies, which are also referred to as CBDCs. The implementation of this new type of money requires a number of aspects…

Major cryptocurrency exchange Binance is refuting recent claims of embezzlement from a Ukrainian national whose account was frozen for alleged fraud.Speaking to Cointelegraph, Binance noted inaccuracies in the sums of crypto assets that the Ukrainian account holder reported were seized. The exchange seeks to quell accusations that it embezzled roughly $251,000 in crypto unrelated to the…

Two exchanges saw unauthorized access issues, Japan ranked second in 24-hour Bitcoin trading volume for May globally, and more headlined news from Japan this past week. 1120 Total views 40 Total shares This week’s headlines from Japan included Coincheck updating the public on a recent data leak, a blockchain tech outfit unveiling plans for a…

Blockchain technology is simple to understand at a basic level, existing as a shared database, where different devices distributed across the network must verify the entries posted. As a result, blockchain is most well-known for decentralization, anonymity and security, all of which are evident in the first cryptocurrency, Bitcoin (BTC). While many are quick to…

Concerns over the potential misuse of AI have prompted the U.S., U.K., China and the G7 to speed up regulation of the technology, but Europe is already ahead. 323 Total views 2 Total shares The surge in generative artificial intelligence (AI) development has prompted governments globally to rush toward regulating the emerging technology. The trend

The combined value of all cryptocurrencies just hit $1 trillion as Bitcoin and Ether continue to surge. 2658 Total views 127 Total shares The total cryptocurrency market capitalization — a major bellwether for the overall health of the digital asset class — broke $1 trillion for the first time ever at 19:00 ET on Tuesday…

The South Korean government plans to tax capital gains on cryptocurrency transactions. A Dec. 9 report from The Korea Times reveals that a revised bill to introduce the measure will be drawn up by the country’s Ministry of Economy and Finance by the first half of 2020.In parallel, the Korean National Assembly is in the…

The price of the new frog-themed memecoin has surged more than 4,000% since its inception on April 14. 552 Total views 15 Total shares Own this piece of history Collect this article as an NFTThe frog-themed memecoin Pepe (PEPE) surged over 85% in the last 24 hours to surpass a $1 billion market cap three…

Block Earner CEO Charlie Karaboga said it was a “disappointing outcome” given it had spent “considerable resources” to adhere to existing guidelines. 445 Total views 3 Total shares The CEO of fintech firm Block Earner has lashed out over the “lack of clarity” in Australia’s financial licensing regime after his company was sued by the…