The release of the U.S. CPI data on June 12, 2024, showing a lower-than-expected 3.3% inflation rate, led to a significant pump in the cryptocurrency market and a surge in investor confidence.
ICBC, the world's largest bank, has recognized Bitcoin and Ethereum's potential, comparing Bitcoin's scarcity to gold and calling Ethereum "digital oil" for its role in web3 applications.
The EU Innovation Hub's first report on encryption underscores the difficulties privacy coins and mixing protocols pose for regulation, balancing privacy with security.
Tether CEO Paolo Ardoino warns that the EU's MiCA regulation could complicate stablecoin issuance and increase risks as Binance announces restrictions on unauthorized stablecoins in Europe.
Ripple's XRP could see a resurgence with new ETF opportunities and a promising stablecoin in the pipeline.
In a strategic move to expand its crypto business globally, Robinhood has announced its acquisition of Bitstamp, a well-established cryptocurrency exchange.
President Biden vetoes a Congressional resolution to overturn SEC’s crypto regulation, reaffirming commitment to stringent financial oversight and consumer protection.
Former President Trump and tech mogul Elon Musk join forces to shape the future of cryptocurrencies in the US.
PayPal's integration of its PYUSD stablecoin onto the Solana blockchain, announced at Consensus 2024, promises faster and cheaper transactions, revolutionizing digital payments with speeds up to 65,000 per second and costs as low as $0.0025.
Nomura, Laser Digital, and GMO Internet team up to explore U.S. dollar and yen-based stablecoins in Japan, aiming to boost digital asset adoption through a new issuance platform.