The regulators said that many low-value transactions were found to be suspicious following which they decided to take the move.

Bitcoin and Ethereum investors rejoice as the two cryptocurrencies register strong bullish momentum with higher investor participation.

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Payments giant PayPal makes a big bang entry to the crypto space by launching its crypto trading services. It soon plans to start crypto shopping by early 2021.

The world’s largest cryptocurrency extends its market dominance as bulls push its price above $12,000. Analysts say Bitcoin will soon move closer to its ATH of $20,000.

LINE noted that it is in talks with some big Asian countries and their central banks to help them kickstart their CBDC tests.

The IMF said that CBDCs can successfully improve the digital payment infrastructure but won’t necessarily improve the condition of already ailing economies.

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Withdrawals at crypto exchange OKEx were halted after the exchange staffer holding users’ private keys was suddenly “out of touch”.

The watch marker said that the blockchain-based digital passport will offer proof-of-authenticity of ownership and is highly useful in the pre-owned watch market.

Bitcoin remains the top choice for institutions as an alternate asset class and a hedge to expose a minor portion of their overall portfolio to the world’s largest cryptocurrency.

The G7 economies said that unless all regulatory challenges posed by stablecoins are addressed, they shouldn’t be allowed to function in the financial ecosystem.

The PBoC deputy governor said that China should have its “independent” and “high-quality” financial infrastructure and quicken the speed of its CBDC development.

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Square Inc referee to Bitcoin as the instrument of “economic empowerment” and says that it thus decided to put 1% of its total assets in the world’s largest cryptocurrency.

The DeFi markets have entered a sharp correction with the top-ten DeFi tokens losing around 10-50% over the last week.

Using the new token swap feature of the MetaMask wallet, users can directly request token prices from decentralized exchanges and token aggregators.

On Monday, PBoC’s deputy governor briefed the developments with testing the Digital Yuan in a limited market exposure and said that they have made “positive progress” so far.

The SEC Chairman that is an ETF proposal adds efficiency while following all regulatory laws, the agency is willing to accept such a proposal. However, he warned of being cautious to try and trick the regulator.

The ECB release a comprehensive report on introducing Digital Euro and moving towards digital payments while ensuring the financial stability and sovereignty of the region.