Leading cryptocurrency exchange Coinbase has taken an assertive step by launching an advocacy organization, the “Stand with Crypto Alliance,” aiming to mobilize the crypto community’s active participation in forthcoming legislative discussions in the U.S. Congress.
Coinbase...
The Monetary Authority of Singapore (MAS) has concluded its formulation of comprehensive regulations governing stablecoins. These regulations, announced on Tuesday, are geared towards ensuring robust value stability for stablecoins under Singapore’s regulatory purview.
The MAS...
Dubai, a prominent city in the United Arab Emirates, has unveiled a strategic initiative aimed at cultivating a thriving ecosystem for artificial intelligence (AI) and Web3 businesses. As part of its efforts to establish the MENA region’s largest cluster of innovative tech companies,...
Sanford C. Bernstein, a respected research firm, has released a revealing report on the potential influence of Exchange Traded Funds (ETFs) on the dynamics of the Bitcoin market. The research suggests that if the US regulatory authorities approve a fund directly investing in spot...
The Federal Deposit Insurance Corporation (FDIC) has ventured into uncharted territory by including cryptocurrency in its annual risk assessment for the first time. In its latest review, the FDIC underscores that cryptocurrency introduces significant risks and requires heightened...
Redemptions of MAS-regulated single-currency stablecoins will have a longer grace period which is five business days despite some arguing that it should be done in real-time.