The US congress is gearing up to vote on new cryptocurrency bill
The House of Representatives is looking to vote on legislation about how the Commodity Futures Trading Commission (CFTC) should regulate crypto asse
Celsius Network has processed over $1bn in cryptocurrency deposits since launching in 2018
Cryptocurrency interest-earning platform Celsius Network has stated that it has surpassed $1bn in total cryptocurrency deposits in less than years after launching its mobile app.
Wirex raises £1m in 90 minutes on Crowdcube
Payments startup Wirex has secured £1m in just 90 minutes via its Crowdcube campaign and smashed its crowdfunding target by 370%.
Over 1 million users bought bitcoin for the first time on Square, CFO says
Almost a million users bought bitcoin for the first time last month through Cash App, Square's mobile payment service that allows users to invest in cryptocurrency, Square CFO Amrita Ahuja told CNBC.
Revolut integrates crypto compliance firm Elliptic’s blockchain tools to trace transactions
UK-based digital banking service Revolut has partnered with blockchain firm Elliptic to support crypto withdrawals and guard against risk.
Bank of England FinTech chief underlines privacy, crime tackling benefits of CBDCs
The Bank of England (BofE) FinTech chief has said the introduction of a central bank digital currencies (CBDC) doesn’t require a trade-off between privacy and tackling financial crime.
Thailand central bank unveils plans for digital currency pilot in 2022
The Bank of Thailand (BOT) has revealed it intends to begin a retail central bank digital currency (CBDC) pilot study in the second quarter of 2022.
UK lawmakers underline key stability and privacy risks of CBDCs
A report by the House of Lords’ Economic Affairs Committee has warned how a digital pound could harm financial stability, raise credit costs and erode privacy.
Bank of England urges crypto firms to ensure sanctions enforcement
The Bank of England has called on crypto companies to make sure sanctions are enforced in light on the continuing conflict between Russia and Ukraine.
EU lawmakers settle on MiCA regulation for crypto
The Council Presidency and European Parliament have come to an agreement on the Markets in Crypto Assets (MiCA) proposal.