The U.S. Federal Reserve is currently researching the benefits of a central bank digital currency (CBDC) thats been the subject of research among other nations. However, Federal Reserve Board Chairman Jerome Powell...

Following the endorsement of blockchain technology by Chinese President Xi Jinping, the country has been ramping up efforts to introduce the technology in multiple sectors to improve the efficiency of processes. The...

The U.S. Federal Reserve Board last week weighed on the pros and cons of global stablecoins in the November edition of its Financial Stability Report. The report noted that stablecoins a type of cryptocurrency with its...

The Association for Financial Markets in Europe (AFME) has called upon European regulators to collaborate and work towards a common approach for the regulation of crypto-assets in the common currency area. AFME, which...

A few weeks ago, Chinese President Xi Jinping embraced blockchain technology and urged agencies to adopt the nascent innovation in a bid to streamline their operations. However, Xi only singled out blockchain technology...

China is currently trying to incorporate blockchain technology into its system, with its effort fueled by Chinese President Xi Jinpings mandate to accelerate this evolution. With numerous blockchain initiatives in the...

The discussion surrounding Tethers questionable practices are heating up once again following the publication of a study accusing the stablecoin of Bitcoin manipulation. In a paper released by researchers John Griffin and...

As the crypto space continues to disrupt various businesses and government agencies, the need for experts in the field has been growing at a commensurate rate. This is despite the fact that cryptocurrencys volatility is...

North Korea, which has been accused of crypto theft in the past, reportedly used a Hong Kong-based blockchain firm to carry out money laundering activities. In its quarterly report, the UN Security Councils Sanctions...

The International Organization of Securities Commissions (IOSCO) believes that stablecoin, a digital currency with its value pegged to fiat currencies such as the U.S. dollar or euro, could fall under the existing...

The Association of German Banks, representing over 200 private commercial banks and 11 member associations, has explored the idea of a programmable digital euro in a new paper. Starting off, the paper emphasizes that...

In a new survey, IBM and central banking think tank OMFIF have found that a central bank could issue a consumer-ready digital currency within five years. The report, entitled Retail CBDCs: The next payments frontier, is...

Facebook CEO Mark Zuckerberg recently got grilled by members of Congress as he attempted to convince the committee that the companys endeavor to push the Libra cryptocurrency forward is the right path. True to the...

Tether is arguably one of the most scrutinized cryptocurrencies out there due to its history of questionable practices. And now, it has been drawing attention to itself once more following Bitcoins plummeting from $8,000...

As cryptocurrency evolves and improves over time, crimes related to this technology has also transformed with it. Crypto sextortion sexual extortion messages requiring payments in cryptocurrency is now easier than ever...