Tag: Financial

Crypto Crash 2022 vs 2008 Financial Crisis: A Recovery at Play?

Is the crypto market now echoing the 2008 financial crisis scenario, given the uncertainty within the nascent industry? The latest development comes after...

Bitcoin Long-Term Holders Face Major Financial Stress

The Bitcoin and crypto market is still wallowing in turmoil from the collapse of the FTX exchange. Many crypto assets have followed a...

CBDC Tied to Digital IDs, the Latest in Financial Repression

Central bank digital currencies (CBDC) were once seen by the crypto community as a positive development. However, there could be a more sinister...

UK Lawmakers Vote to Include Crypto in Financial Markets Bill

A new amendment to the Financial Services and Markets Bill could regulate crypto assets like Bitcoin alongside stablecoins. Lawmakers in the House of Commons...

Crypto Assets Are Now Classified as Financial Products

South Africa has declared crypto assets as a financial product under the Financial Advisory and Intermediary Services act. South Africa’s Financial Sector Conduct Authority...

IMF Touts Programmable and Controllable CBDC for ‘Financial Inclusion’

The International Monetary Fund (IMF) has touted central bank digital currencies (CBDC) as a path to financial inclusion, but there could be more...

Binance UK Co-Owner Accuses Exchange of Inaccurate Financial Reports

The co-owner of a U.K. subsidiary associated with Binance said that the exchange had filed inaccurate information in its 2020 financial statements. The co-owner...

Bitcoin (BTC) Price Holds Ground in Q3 Despite Global Financial Turmoil

Bitcoin (BTC) managed to hold its ground in Q3 of 2022, posting a neutral performance despite overwhelmingly negative sentiment in traditional markets, created...

Global Financial Markets Struggling: Will Bitcoin Become a Safe Haven Asset?

As the British pound collapses, bond prices decline, and interest rates increase, Digital Currency Group CEO Barry Silbert says that bitcoin will become...