The Eurogroup confirmed its support for digital euro research and noted that some of the design and use elements under consideration would require political decision making. The Eurogroup, consisting of all the finance ministers from the euro-zone countries, released a statement Jan. 16 on the introduction of the digital euro, after meeting in Brussels. The...Continue Reading

While the FTX saga continues to make headlines, last week brought a plethora of new troubles for crypto companies in the United States, Europe and Asia. The United States Securities and Exchange Commission charged cryptocurrency lending firm Genesis Global Capital and crypto exchange Gemini with selling unregistered securities through Gemini’s “Earn” program. The Commodity Futures...Continue Reading

The crypto lender claimed that the Cayman Islands Monetary Authority had placed “too much weight” on regulators’ enforcement actions in its decision to deny registration. The same week that Bulgarian authorities were raiding Nexo’s offices and indicting four individuals for charges related to money laundering, the crypto lender filed suit in the Cayman Islands. In...Continue Reading

In 2023, GameFi developers should focus on building out quality more than quantity. 2022 was a huge year for the play-to-earn (P2E) gaming scene. An influx of capital and users was followed by a sharp downturn in blockchain game token prices and a decrease in players — and the market is still reeling. And, with...Continue Reading

Some crypto tokens will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to CIO at Arca Jeff Dorman. Digital assets will largely decouple from traditional equity markets in 2023, says Chief Investment Officer at Arca, Jeff Dorman. Discussing his outlook for 2023 in a recent interview with Cointelegraph,...Continue Reading

According to Seoul Mayor Oh Se-hoon, the virtual environment will allow residents to access official documents, file complaints, and receive answers to questions on filing taxes. The Seoul Metropolitan Government has launched its Metaverse Seoul project, allowing residents of the South Korean capital city to access city services in a virtual environment. In a Jan....Continue Reading

According to the project’s pitch deck, the company intends to launch as soon as possible, and estimates the claims market to be worth around $20 billion. Founders of collapsed crypto hedge fund Three Arrows Capital Su Zhu and Kyle Davies are reportedly trying to raise money for a new cryptocurrency exchange in partnership with Coinflex...Continue Reading

BTC price may be riding monthly highs, but hardly anyone is sure that the good times are here to stay. Bitcoin (BTC) is trading at its highest levels in over two months, but the phrase on every trader’s lips is “bull trap.” After delivering 25% returns in a single week, BTC/USD remains under suspicion for...Continue Reading

Tony Yates, the former senior advisor of the Bank of England, argues that CBDCs are not worth the headache. Central banks worldwide are pushing forward with digital asset projects despite the various crypto industry implosions over the past 12 months. China has rolled out its central bank digital currency (CBDC) to several cities, and it was...Continue Reading

Monex CEO Oki Matsumoto said that it will be a “very good thing” for them if there will be less competition in the market. FTX Japan, one of the four FTX assets put on sale, caught the eye of Monex Group, an online brokerage firm based in Tokyo.  In an interview with mainstream media outlet...Continue Reading