Flatcoins represent a new type of cryptocurrency designed to maintain purchasing power rather than a fixed dollar value, addressing a major weakness in traditional stablecoins. While traditional stablecoins tied to the US dollar gained popularity, they come with a major flaw: they lose buying power when inflation rises. Enter flatcoins, a new type of cryptocurrency […]
The current state of crypto regulation worldwide shows significant shortcomings, with only eight out of 25 major cryptocurrency jurisdictions implementing complete regulatory frameworks. This represents less than 20% of the global market having comprehensive rules that cover financial integrity, consumer protection, and market oversight. Recent analysis shows that governments are struggling to keep pace with […]
The U.S. Senate just took a big step toward creating the first federal rules for stablecoins. In a 66-32 vote on May 21, 2025, senators broke through a filibuster to advance the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins). This bill now heads to a full Senate vote, bringing America closer to […]
At the World Economic Forum in Davos, Switzerland, financial leaders gathered to discuss pressing economic and financial trends. Among them was Robin Vince, CEO of BNY Mellon, who shared his insights on growth opportunities under the new administration, the impact of regulatory changes, and the role of technology in reshaping the financial sector. Robin Vince […]
A massive cryptocurrency scam operation called CryptoCore has stolen over $5.4 million from victims in just six months through an elaborate scheme combining fake celebrity videos, hacked YouTube accounts, and fraudulent websites. The scammers target people interested in cryptocurrencies like Bitcoin and Ethereum by promising to double their investment through fake giveaway events. How the […]
Securities and Exchange Commission (SEC) Chairman Gary Gensler announced his upcoming departure from the regulatory body, set for January 20, 2025. The news sent ripples through the cryptocurrency markets, with major digital assets seeing significant price increases. During his tenure, Gensler took an aggressive stance toward the cryptocurrency industry. His leadership saw the SEC file […]
The U.S. Securities and Exchange Commission (SEC) continues to tighten its grip on the cryptocurrency industry, with recent actions sparking debate and raising concerns among market participants. As the regulatory landscape evolves, crypto companies and advocates are pushing back against what they see as overreach by the federal agency. To start with, U.S. crypto exchange […]
In a significant development for the cryptocurrency industry, the U.S. Securities and Exchange Commission (SEC) has indicated plans to amend its complaint against Binance, the world’s largest crypto exchange. This move could change how certain digital tokens are classified under securities law. The SEC filed a lawsuit against Binance and its former CEO, Changpeng Zhao, […]
In a surprising move that has sent ripples through the cryptocurrency community, OKX, one of the world’s leading digital asset exchanges, announced its exit from Nigeria. This decision, set to take effect on August 16, 2024, marks a significant shift in the crypto landscape of Africa’s most populous nation. Understanding the OKX Exit Decision OKX, […]
