Natasha Cazenave, executive director of the European Securities and Markets Authority (ESMA), has warned that many tokenized offerings in Europe resemble traditional stocks but lack crucial shareholder rights […]
Nobel Laureate Raises Concerns about Stablecoin Stability
He cited the heavy reliance of stablecoin issuers on U.S. Treasury securities as a factor in their perceived security. While generally considered safe, these low-yielding assets may become […]
Former PBOC Governor Warns Against Stablecoin Risks in China
China’s former central bank governor, Zhou Xiaochuan, has issued a warning about the potential risks associated with stablecoin adoption within the country. He believes that widespread use of […]
Former PBoC Governor Warns Stablecoins Pose Risks for Financial Stability
Zhou Xiaochuan, former governor of the People’s Bank of China (PBoC), has warned about the risks associated with stablecoins and their potential to destabilize financial systems. In a […]
Former PBOC Governor Warns of Stablecoin Financial Instability
China’s financial landscape is being rocked by a warning from former People’s Bank of China (PBOC) Governor Zhou Xiaochuan. Xiaochuan has issued a strong and controversial critique, highlighting […]
Zhou Xiaochuan Warns of Potential Risks from China’s Stablecoin Push
Former PBOC Governor Zhou Xiaochuan has voiced strong opposition to China’s potential adoption of stablecoins, highlighting significant financial risks and concerns about dollarization. Speaking at events in Beijing […]
Trump’s Bid to Remove Fed Governor Lisa Cook Sparks Concerns Over Financial Stability
President Trump has initiated an unprecedented move by attempting to dismiss Federal Reserve Governor Lisa Cook, citing disagreement over interest rate policies. This action, which has no precedent […]
Why Stablecoins Pose a Bigger Threat to Central Banks than Bitcoin
Central banks view Bitcoin primarily as a speculative asset rather than a direct competitor in the currency market. However, stablecoins present a more significant risk to monetary control […]
MEXC Exceeds Industry Standards with New Proof of Reserve Report, Reaches 129.85% Bitcoin Reserves
MEXC, a leading global cryptocurrency exchange, has just released its latest bi-monthly Proof of Reserve (POR) audit demonstrating exceptional financial stability. The report shows sustained over-collateralization across all […]
BIS Proposes New Framework for Cryptocurrency Conversions, Aiming to Enhance Security
A recent research paper from the Bank for International Settlements (BIS) outlines a proposal that would grade cryptocurrencies based on their transaction history and assign compliance scores. This […]
Fed Moves Away From Specialized Crypto Supervision, Signals Shift Towards Integrated Approach
The Federal Reserve has ended its ‘novel activities’ program, signaling a major shift in the US approach to digital asset regulation. This move reflects a maturation of regulatory […]
Circle Faces Potential Revenue Impact from Interest Rate Cuts
Circle faces financial challenges due to the potential impact of upcoming interest rate cuts, according to analyst Omar. A 100 basis point reduction in interest rates could lead […]
Elizabeth Warren Warns of Crypto Risks to US Financial System
Senator Elizabeth Warren is sounding the alarm over weak cryptocurrency regulation, arguing it poses a significant threat to the stability of the U.S. financial system and could increase […]
Bank of Korea Unveils Strategy for a Won-Based Stablecoin
The Korean central bank, the Bank of Korea, is actively shaping its approach to stablecoins, aiming to introduce a new currency pegged 1:1 to the South Korean Won. […]
Senator Warren Pushes for Stronger Cryptocurrency Regulations Amidst Concerns of Abuse and Financial Instability
U.S. Senator Elizabeth Warren has intensified her push for stricter cryptocurrency regulations, arguing that current rules are inadequate and leave the financial system vulnerable to corruption and instability. […]