Stablecoin act gives Congress alternative to overriding Biden’s SAB 121 veto

The United Arab Emirates’ (UAE) central bank (UAECB) and the Saudi Arabian Monetary Authority (SAMA) have announced that the interbank digital currency they are co-developing will be called “Aber.” The news was reported by the national Saudi Press Agency on Jan. 29.A joint statement from the banks has reportedly outlined that the use of Aber…

The hearing, titled 'Why Congress Needs to Act: Lessons Learned from the FTX Collapse', will be one of the first in which U.S. lawmakers explore what happened with the exchange. 196 Total views 8 Total shares The United States Senate Agriculture Committee has announced that Commodity Futures Trading Commission, or CFTC, chair Rostin Behnam will…

ETF analyst Nate Geraci says there’s no “good reason” for spot Ethereum ETFs not to launch this week.

The Financial Action Task Force (FATF) has reevaluated the United States on its compliance with global anti-money laundering (AML) and counter-terrorist financing (CFT) regulations. According to the report published on March 31, the U.S. is only “largely compliant” with FATF regulations on cryptocurrencies and virtual assets.The assessment considered the degree of compliance of the national…

XRP’s fall from grace saw the asset briefly drop to the number five spot by market cap. 2745 Total views 10 Total shares Litecoin (LTC) and XRP briefly traded places in market capitalization rankings over the weekend, highlighting the impact of the recent lawsuit against Ripple filed by the United States Securities and Exchange Commission.The…

Its been a rollercoaster week in the cryptocurrency market after volatility returned to shake up Bitcoin (BTC) price, pushing the digital asset to lows not seen since mid-October. As has happened frequently in the past, the drop in price of BTC was followed by a rotation into altcoins and the Altseason Indicator from Cointelegraph Markets Pro…

High-net-worth individuals of Santander Private Banking International will have access to trade BTC and ETH, according to a report claiming access to a leaked internal communication. The international arm of Spanish lender Banco Santander has reportedly rolled out a new service, allowing clients with Swiss accounts to invest in and trade Bitcoin (BTC) and Ether

"Our front office teams [...] think and act like risk managers to ensure that we are not exposed in any significant way to market swings," said Celius chief financial officer Rod Bolger. 871 Total views 24 Total shares The fallout from extreme volatility in the crypto market hasn’t significantly affected Celsius Network, according to its…