One of the most significant developments in the financial industry has been the advent of cryptocurrencies and blockchain technology. With their exceptional advantages over traditional investments, cryptocurrencies have gained massive popularity in recent years. However, these assets’ decentralized and unregulated nature has often...
The US government is tightening its banking and AI regulations as cryptocurrencies profit from the recent US banking crisis. In a March 30 press briefing, White House press secretary Karine Jean-Pierre announced that the president had directed banking agencies to consider a series...
The US financial watchdog has issued a notice entailing tighter scrutiny of crypto brokers and financial advisers giving crypto investment services this year. The United States Securities and Exchange Commission (SEC) has announced that the securities market will face new rules governing crypto...
Amidst continuous sanctions imposed on Russia for its invasion of Ukraine, the country is accelerating its CBDC program. According to the Jan. 9 report, Russia’s central bank will research two potential cross-border settlement solutions as part of its intentions to move forward with...