The agency noted that the risk of stablecoins is the possible problems with converting them into fiat currency
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Politics
May 10, 2022
US Fed warned about the risks associated with stablecoinsThe agency noted that the risk of stablecoins is the possible problems with converting them into fiat currency
Market
May 10, 2022
Peter Schiff called the condition for the bitcoin price to fall below $10 000A US stockbroker urged the owners of the asset not to panic and not to make rash decisions
Business
May 9, 2022
WisdomTree to launch crypto wallet in 2023At the initial stage, users will have access to tokenized versions of assets
Market
May 8, 2022
Robinhood clients gained access to Grayscale Investments’ crypto fundsUsers will be able to trade stocks through the platform application
Incidents
May 7, 2022
Mining Capital Coin CEO was accused of $62 million crypto fraudAccording to the US Department of Justice, Luiz Capuci Jr. and his accomplices created an international fraud scheme
Mining
May 7, 2022
SEC fined NVIDIA for hiding the role of mining in the revenue structureThe company will pay a recovery of $5,5 million as part of the claims settlement
Market
May 7, 2022
Analyst predicted a “choppy” movement of bitcoin in the coming monthsBenjamin Cowen believes that the asset needs to rise above two key resistance levels to break out of the current trading range
Crypto regulations
May 6, 2022
US Treasury imposed sanctions against cryptocurrency mixer for the first timeThe regulator claims that the Blender.io service was used by the DPRK to launder digital assets
Crypto regulations
May 6, 2022
SEC threatened Canaan with delisting from Nasdaq Stock ExchangeThe company has until May 25 to prove that it is not “owned or controlled” by a foreign government
Politics
May 6, 2022
US senators criticized Fidelity’s proposal to invest retirement in bitcoinElizabeth Warren and Tina Smith sent a letter to the company in which they called investing in cryptocurrencies a “risky and speculative gamble”
Incidents
May 6, 2022
US court ordered BitMEX founders to pay $30 millionArthur Hayes, Benjamin Delo, and Samuel Reed each must pay a fine of $10 million
Trends
May 6, 2022
Gucci to start accepting cryptocurrency payments in retail storesThe Italian brand plans to extend the payment mechanism to all stores in North America by the summer