[ad_1] A joint effort by the Bank for International Settlements and the Bank of England has shown it can deliver near real-time data on stablecoins’ liabilities and the assets backing them. Dubbed Pyxtrial, the initiative could also extend to monitoring other tokenized products backed by real-world assets in an attempt to address major challenges for […]
UK Central Bank, BIS Showcase Project for Monitoring Stablecoin Read More »
[ad_1] The crypto market witnessed a revival late Tuesday evening, regaining some ground lost during the U.S.’s 4th of July celebrations. Bitcoin rose 5%, reaching as high as $59,300 before retracing slightly. The asset is trading at $59,000, CoinGecko data shows. Market participants continue to divine the impact stemming from the eventual sale of Bitcoin
Bitcoin Bounces Above $59,000 As Fears On Germany’s Sales Fade Read More »
[ad_1] The Chamber of Progress, a tech industry coalition, has called on President Joe Biden to support comprehensive crypto regulation, framing it as a crucial step in his administration’s bid to engage young voters ahead of the upcoming U.S. presidential election. In a letter on Tuesday, the chamber emphasized the growing importance of digital assets
Tech Coalition Urges Biden to Back Crypto Regulation Ahead of US Presidential Election Read More »
