Cryptoassets as National Currency Is Risky, Says The IMF
The International Monetary Fund believes that virtual assets have a long way until they become suitable for national currencies.
Western nations need better public-private cooperation on crypto, says Mohamed El-Erian
The famous economist has warned that western nations risk losing out to China in the emerging digital economy if they continue to be dismissive of crypto.
Crypto population doubled to over 200M users since January, report says
It only took four months for the crypto population to almost double from 106 million in February to 203 million in May, according to a new Crypto.com report.
FTX US Affiliate Sees Record Daily Trading Volume in First Half of 2021
Daily volume hit its all-time high on April 22 when $993 million was traded during a 24-hour period.
Financial Giants State Street & Bank of America Double Down On Crypto
Source: iStock/E_Y_E US-based major players in the world of traditional finance continue incorporating crypto in their offerings to existing clients, and/or investing in crypto-related companies. Financial services provider State Street…
Robinhood IPO, New IRS Crypto Provision, Are Stablecoins Securities?
“First Mover” dives into today’s top stories, including Robinhood’s debut on Nasdaq, new crypto requirements added to the infrastructure bill, and the continuing debate over stablecoins: Are they securities? Guests…
A16z Leads $20M Bet That Celo’s Valora Becomes a ‘Global Gateway to Crypto’
The digital wallet has been spun out of parent company cLabs with some fresh funding.
Ripple and SBI Collaborate to Launch On-Demand Liquidity in Japan — XRP Surges
Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider, and Philippine crypto exchange Coins.ph. Ripple, SBI,…
Ethereum Trading Volume Growth Outpacing Bitcoin in 2021: Report
Interest in the network and its cryptocurrency has surged—especially from institutions, according to a recent Coinbase report.
The IMF’s Self-Serving Case Against Bitcoin
The International Monetary Fund has finally expanded on its “issues” with El Salvador’s adoption of bitcoin. There’s not much behind the curtain.
