Paxos launches USD-backed USDG stablecoin with DBS Bank

The federal regulatory agency's future is now in question as the Trump administration makes cuts to the administrative bureaucracy. The Consumer Financial Protection Bureau (CFPB) will likely see a reduced role in crypto regulations as other federal agencies like the Securities and Exchange Commission (SEC) and state-level regulators assume a bigger role in crypto policy

The S&P 500 Index (SPX) has gained for five consecutive weeks, the first such instance since November 2021. In comparison, Bitcoin (BTC) is trading well below its local high of $31,000, made on April 14. This shows a clear divergence between the performance of the two asset classes.Some analysts expect Bitcoin’s range-bound action to continue…

It appears this was a coordinated effort targeting prominent crypto YouTubers, not just Coin Bureau. 200 Total views 4 Total shares Coin Bureau, a popular information portal for cryptocurrency developments with over 600,000 followers on Twitter, experienced a security breach on its Youtube channel on Monday. Hackers allegedly uploaded a video with links to scam…

Toyota continues its ongoing exploration into integrating blockchain technology within its corporate and developmental ecosystems. 124 Total views 1 Total shares The Toyota GR Cup, a North American racing series held by Toyota Gazoo Racing, recently announced it will start awarding digital trophies and record driver performances on the Polygon blockchain. Image source: Toyota press release.Per…

Author Isaiah Jackson says Bitcoin can be an effective protest against financial institutions for those who can’t take to the streets. 613 Total views 35 Total shares Bitcoin & Black America author Isaiah Jackson says that people invoking Bitcoin during the protests over the police killing of George Floyd have identified the “real enemy” —…

Italian central banker Ignazio Visco talked about fostering or discouraging crypto assets during a lengthy speech to the Italian financial markets association. 251 Total views 1 Total shares Own this piece of history Collect this article as an NFTThe Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is…

Cryptocurrency owners are “generally more educated than the average,” according to a new study by the Bank for International Settlements. 207 Total views 1 Total shares The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying to dispel the theory that cryptocurrency ownership is…

The sentiment in the crypto markets can change quickly as seen from the Crypto Fear and Greed Index, which has risen from levels of extreme fear on Sept. 30 to neutral today. The sentiment may improve further if Bitcoin (BTC) breaks out and sustains above the psychologically critical level at $50,000.One important event that may…