A report from the International Monetary Fund (IMF) in September 2022, co-authored by BIS Chief Carstens, identifies three shortcomings that preclude cryptocurrencies from serving as a “sound basis for the monetary system,” which shows how fiat money has won the battle against cryptocurrencies.
The original Treasury report released in September 2022 described the formation of a CBDC working group, and now they are discussing potential routes for the digital dollar.
The Securities and Exchange Commission charged Indian-origin engineer Nishad Singh, who was the co-lead engineer for FTX, and he decided to plead guilty to commodities fraud and other charges.
A Coinbase representative stated that the suspension of BUSD trading will begin on March 13 because it was determined that BUSD no longer met their listing standards.
Without any explanation, crypto exchange Binance said that it would suspend U.S. dollar transfers, but the company’s subsidiary, Binance US, stated in a tweet that it is unaffected by the ban.
Welcome to the world of Binance Smart Chain. This is the ultimate beginner’s guide to the two most powerful cryptocurrencies in the world: Binance Coin (BNB) and Binance Smart Chain (BSC).
A blog post was co-written by national security adviser Jake Sullivan, director of the National Economic Council Brian Deese, director of the Office of Science and Technology Policy Arati Prabhakar, and chair of the Council of Economic Advisors Cecilia Rouse on the official White House website targets cryptocurrencies and calls
The FBI had suspicions that cryptoqueen may have used a German passport to travel from Athens to the UAE, Germany, Russia, Eastern Europe, or perhaps back to Bulgaria. Now, cryptoqueen is appearing after 5 years of hiding.
According to reports, the Central Bank of Iran and the Russian government are working together to issue a new stablecoin that is backed by gold to be used in overseas trade.
