Legal frameworks ensuring user privacy and the freedom to choose between central bank digital currencies (CBDCs) and other forms of money will be key in driving CBDC adoption, according to the head of the Bank of International Settlements. Speaking at the BIS Innovation Hub conference in Switzerland on Sept. 27, […]

Cryptocurrency price analysis brought by Coinidol.com. The price  of Cardano (ADA) has gradually returned to its previous level of $0.23. Cardano price long-term forecasts: bearish Cardano rose above the $0.23 support during the downtrend on August 17 as bulls bought the dips. The positive momentum was maintained by buyers until the […]

Brian Armstrong, CEO of major United States-based cryptocurrency exchange Coinbase, has condemned the decision of JPMorgan’s subsidiary Chase UK to restrict crypto-related transactions. Armstrong took to X (formerly Twitter) on Sept. 26 to slam Chase Bank for its “totally inappropriate” move to ban its customers in the United Kingdom from […]

Bitcoin’s price is influenced by the Federal Reserve’s interest rates. Bitcoin’s price was negatively impacted by the FTX exchange issues in 2022. Bitcoin’s price is currently in a holding pattern, with the possibility of dropping, or remaining within the range of $20,000 to $30,000 In a recent interview with Thinking […]

The historic Merge upgrade from Sept. 2022 — which marked Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoS) — resulted in the overall decline in compliance with standards laid down by the Office of Foreign Assets Control (OFAC).  Ethereum blocks adhering to OFAC compliance censor certain transactions, which has a […]

The United States House Financial Services Committee will hear how the Securities and Exchange Commission is changing its oversight and rules to keep pace with technological advancements, including cryptocurrencies and artificial intelligence. SEC Chair Gary Gensler is set to outline how the U.S. securities regulator is updating its rules to […]

Mixin Network, a decentralized cross-chain protocol, in a message to the hacker behind the $200 million exploit on Sept. 23, has offered a $20-million bug bounty for the return of the remaining funds. Mixin Network encrypted the message with the exploiter transaction, requesting the exploiter to return the funds as the […]

The Federal Reserve Banks of Boston and New York published a staff report on Sept. 26 comparing stablecoins, such as Tether (USDT) and USD Coin (USDC), to money market funds. Key findings in the report include the observation that stablecoins and money market funds follow similar patterns during runs and […]

Ripple boss Brad Garlinghouse has beefed up his legal team amid the ongoing legal turmoil between the payments firm and the U.S. Securities and Exchange Commission (SEC). Garlinghouse Secures New Defense Counsel Ripple’s Brad Garlinghouse has welcomed a new lawyer to fight the SEC lawsuit. Renowned attorney Rahul Mukhi, a […]

Cryptocurrency exchange Kraken has received an Electronic Money Institution (EMI) from the Central Bank of Ireland and registration as a virtual asset service provider (VASP) from the Bank of Spain. According to the Sept. 26 announcement, the EMI license enables Kraken to expand euro-to-crypto trading services to 27 European Union […]