UK Lawmakers Express Concerns Over Launching Retail CBDC Due to Privacy and Financial Stability Worries

The U.K. Parliamentary Treasury Committee has issued a stern warning about the potential risks of developing a retail central bank digital currency (CBDC), or ‘digital pound’. Lawmakers are urging the Bank of England and H.M. Treasury to carefully consider data privacy and financial stability concerns before moving forward with the implementation of this new form […]

UK Lawmakers Express Concerns Over Launching Retail CBDC Due to Privacy and Financial Stability Worries

The U.K. Parliamentary Treasury Committee has issued a stern warning about the potential risks of developing a retail central bank digital currency (CBDC), or ‘digital pound’. Lawmakers are urging the Bank of England and H.M. Treasury to carefully consider data privacy and financial stability concerns before moving forward with the implementation of this new form […]

Hashdex Submits Revised Spot Bitcoin ETF Proposal Ahead of SEC Decision

Hashdex, a crypto asset management company, has submitted a revised proposal for a Bitcoin Spot ETF to the United States Securities and Exchange Commission (SEC). The company plans to combine Spot Bitcoin with its Bitcoin Futures ETF and change the ticker to a Hashdex Bitcoin ETF. Hashdex has also announced a partnership between Teucrium Trading […]

Hashdex Submits Revised Spot Bitcoin ETF Proposal Ahead of SEC Decision

Hashdex, a crypto asset management company, has submitted a revised proposal for a Bitcoin Spot ETF to the United States Securities and Exchange Commission (SEC). The company plans to combine Spot Bitcoin with its Bitcoin Futures ETF and change the ticker to a Hashdex Bitcoin ETF. Hashdex has also announced a partnership between Teucrium Trading […]

The Impact of Do Kwon’s Legal Troubles on Terra Luna’s Stability

Do Kwon, the co-founder and CEO of Terraform Labs, has experienced a turbulent financial journey. During the peak of Terra Luna’s success, Kwon’s net worth was estimated to be in the billions, thanks to the high valuation of the LUNA token and the Terra ecosystem. However, this prosperity was short-lived. The collapse of Terra Luna […]

The Impact of Do Kwon’s Legal Troubles on Terra Luna’s Stability

Do Kwon, the co-founder and CEO of Terraform Labs, has experienced a turbulent financial journey. During the peak of Terra Luna’s success, Kwon’s net worth was estimated to be in the billions, thanks to the high valuation of the LUNA token and the Terra ecosystem. However, this prosperity was short-lived. The collapse of Terra Luna […]

Crypto Trading Platform Hounax Accused of Scamming Hong Kong Investors, Resulting in $15 Million Loss

Hounax, a crypto trading platform, is accused of scamming Hong Kong investors and causing them to lose over $15 million. The alleged scam involved around 131 investors, with the largest reported loss being $1.54 million. The scammers built trust with the victims and even demonstrated the ability to withdraw funds from the platform. However, after […]

Crypto Trading Platform Hounax Accused of Scamming Hong Kong Investors, Resulting in $15 Million Loss

Hounax, a crypto trading platform, is accused of scamming Hong Kong investors and causing them to lose over $15 million. The alleged scam involved around 131 investors, with the largest reported loss being $1.54 million. The scammers built trust with the victims and even demonstrated the ability to withdraw funds from the platform. However, after […]

British Legislators Urge Caution in Implementing Retail Digital Pound

British legislators are urging caution in the implementation of a retail digital pound. They emphasize the need to strike a balance between technological advancements and potential drawbacks. The Treasury Select Committee has expressed reservations about launching a retail digital pound and calls for a thorough examination before proceeding. While recognizing the potential benefits of innovation, […]

British Legislators Urge Caution in Implementing Retail Digital Pound

British legislators are urging caution in the implementation of a retail digital pound. They emphasize the need to strike a balance between technological advancements and potential drawbacks. The Treasury Select Committee has expressed reservations about launching a retail digital pound and calls for a thorough examination before proceeding. While recognizing the potential benefits of innovation, […]