cryptocurrencies
Top StoriesA Coming Crypto Storm for Central Banks? Focus on Digital Money Intensifies
FinanceRewriting the Rules of Financial Services With “DeFi”
BankingNo ‘red Line’ Against Central Bank Digital Currency, BoE’s Hauser Says
BankingSeamless Card Payments: The Missing Link to Mass Crypto Adoption?
Wild Swings of May Not Necessarily the End of Market Turmoil
Date: May 31, 2022
LONDON (Reuters) – Sell in May? They certainly did, but rather than go away as the old stock market adage suggests, traders returned to aggressively buy the dip, causing some of the wildest monthly swings in recent times. There was plenty of selling in the first half of the month across asset classes, driven by...
Britain Proposes Safety Net Against Failing Stablecoins
Date: May 31, 2022
By Huw Jones LONDON (Reuters) – Britain’s finance ministry set out plans on Tuesday for adapting existing rules to deal for any major stablecoin collapses, such as with TerraUSD this month. It is the latest sign of how regulators are trying to catch up with fast-moving developments in crypto markets which straddle national borders. “Since...
Russia to Service Foreign Debt Using Gas-For-Roubles Type Scheme -Vedomosti
Date: May 30, 2022
(Reuters) -Russia plans to settle its Eurobond obligations using a mechanism similar to the scheme used to pay for Russian gas in roubles, the Vedomosti newspaper reported, citing Finance Minister Anton Siluanov. The United States pushed Russia closer to the brink of a historic debt default last Wednesday by not extending its licence to pay...
Dollar Drifts Toward Monthly Loss as Fed Bets Ease
Date: May 30, 2022
By Tom Westbrook SINGAPORE (Reuters) – The dollar nursed last week’s losses on Monday and was headed for its first monthly drop in five months as investors have scaled back bets that rising U.S. rates will spur further gains and as fears of a global recession have receded a little. The week ahead is full...
How KYC and Blockchain Technology Can Operate Together
Date: May 26, 2022
By Jackie Wheeler, Sr. Director of Strategic Marketing at Jumio Corporation Blockchain technology has not yet achieved true mainstream status, although its uses have been expanding over the last few years. Cryptocurrency, for example, has been a tempting and lucrative investment for many consumers who are attracted to its decentralized structure. Crypto is not controlled...
Get Your Crypto House in Order, Old Guard Tells Davos Debutantes
Date: May 26, 2022
By Jessica DiNapoli and Divya Chowdhury DAVOS, Switzerland (Reuters) – Cryptocurrency firms, many of which lined the main street in Davos this week, were told they will need to clean up their act before gaining complete acceptance from the World Economic Forum’s old guard. “The future of crypto, I’m sorry to say, looks regulated to...