The troubled crypto lending platform Celsius has paused all withdrawals, swaps and transfers between accounts on June 13. The company explained this action “in the interest of the community” due to “extreme market conditions". … [Read more...] about Celsius pays off Maker loan, initiates financial restructuring
European Union reaches agreement on crypto regulation
Trialogue between European agencies concludes in agreement on regulating digital assets … [Read more...] about European Union reaches agreement on crypto regulation
EU to finalise crypto regulation bill end of June
EU's MiCA bill is entering a final phase of negotiations … [Read more...] about EU to finalise crypto regulation bill end of June
Solana Labs launches web3-focused smartphone
The co-founder and CEO of Solana, Anatoly Yakovenko, has announced the launch of Saga, an Android web3-focused smartphone. … [Read more...] about Solana Labs launches web3-focused smartphone
BIS Innovation Hub to create a platform to assess aftermath of stablecoin and DeFi projects collapse
BIS will explore cryptocurrency markets … [Read more...] about BIS Innovation Hub to create a platform to assess aftermath of stablecoin and DeFi projects collapse
PayPal now allows cryptocurrency transfers to external wallets
In response to customer demand, PayPal has enabled users to transfer, send and receive bitcoin from the platform to external wallets and exchanges. … [Read more...] about PayPal now allows cryptocurrency transfers to external wallets
SWIFT is experimenting with CBDCs for international payments
SWIFT conducts payment tests interlinking domestic CBDCs … [Read more...] about SWIFT is experimenting with CBDCs for international payments
The Reserve Bank of India worries crypto can lead to dollarisation of economy
This can pose challenges to the stability of the financial system. … [Read more...] about The Reserve Bank of India worries crypto can lead to dollarisation of economy