Cryptocurrency News

Circle Firmly Denies Allegations of Illicit Banking and Financing Activities

Circle has strongly denied claims of improper banking dealings and funding of illegal activities, responding comprehensively to concerns raised by Senators Elizabeth Warren and...

Bank of Canada’s CBDC Initiative Faces Negative Public Sentiment

A recent public consultation in Canada on the central bank digital currency (CBDC) initiative revealed that Canadians have a predominantly negative sentiment towards CBDC adoption, with many preferring to continue using traditional forms of payment like cash and credit cards.

Bitcoin Group Responds to BaFin’s Critique

Germany's Bitcoin Group is facing increased oversight from the financial regulator BaFin, which has identified significant weaknesses in its subsidiary Futurum Bank's measures for...

Swiss Firm Pando Asset Seeks SEC Nod for Bitcoin ETF

The Swiss asset management firm Pando Asset is seeking approval from the U.S. Securities and Exchange Commission (SEC) for a spot Bitcoin ETF. This...

Spain Implements Stricter Reporting Rules for Cryptocurrency Holdings

Spain mandates residents to report foreign cryptocurrency holdings by March 31, 2024.This aligns with global efforts to combat tax evasion in the crypto sector.

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