Goldman Sachs: Crypto Drawdown Will Have Little Impact on U.S. Economy

The U.S. economy is currently staring at the chances of a major recession with inflation soaring and growth decelerating. On the other hand, the crypto market meltdown has drawn the attention of lawmakers as U.S. households own one-third of the global …

SWIFT Plans To Interlink All CBDCs, Here’s Why

Even as central banks of various economies explore CBDCs, SWIFT is advancing cross-border payments involving digital currencies. While most of the central bank digital currency (CBDCs) focus on achieving digitalization of fiat currencies, SWIFT’s lates…

Bitcoin Price Could Hit As Low As $7,000 Before Next All Time High: Economist

Following the volatility of cryptocurrencies, economist, Harry Dent, has made his prediction of Bitcoin and the crypto market while speaking with Kitco News.Dent, founder of HS Dent Publishing, just like many other economists and crypto analysts, has g…

Panama Delays Legalizing Crypto On This Major Factor

Panama’s President Laurentino Cortizo on Thursday said he will not sign the pending crypto bill into law until strict anti-money laundering clauses are added to the bill. The decision put pressure on crypto exchanges and firms already preparing t…

Just In: Russia Minister Hints At Bitcoin Payments Nod

Another major boost to Bitcoin adoption is here in the same week as El Salvador discussed cryptocurrencies with delegates from 44 countries. So far, the Russian authorities were highly vocal in support of Bitcoin. Russia’s Industry and Trade Minister D…

Breaking: SEC Announces Huge Crypto Enforcement Plan

SEC chair Gary Gensler said efforts are on to get a majority of the crypto initial coin offerings registered, in coordination with the crypto exchanges. He was speaking at the Congressional budget request questioning for FTC and SEC on Wednesday. Gensl…

Just-In: Binance Seeks Approval In Europe’s Largest Economy

Binance CEO Changpeng “CZ” Zhao said on Wednesday that the exchange plans to apply for a license to operate in Germany. Speaking at fintech conference Finance Forward in Hamburg, CZ said that after gaining regulatory approval in France, Bin…

G7 Countries to Discuss Crypto Assets This Week After Recent Terra Ecosystem Collapse

The recent collapse of the Terra ecosystem has drawn the attention of regulators worldwide! Finance ministers of the G7 nations are meeting ahead this week and shall be discussing crypto assets on a priority basis. Reuters quoted the French central ban…