The International Monetary Fund (IMF), World Bank, Bank for International Settlements (BIS), and Switzerland’s central bank have joined forces in an innovative collaboration to explore the concept of tokenization. This strategic partnership aims to harness the power of tokenization technology…
EU Banks Can Now Hold 2% of Capital in Bitcoin and Cryptocurrency
The European Union has taken a major step towards mainstream acceptance of cryptocurrency with a recent vote to allow banks to hold up to 2% of their capital in bitcoin and other digital assets. The move, which was approved by…
BIS Permits Banks to Hold 2% of Their Reserves In Cryptocurrency.
A policy allowing banks to hold 2% of their reserves in cryptocurrencies was recently introduced by the BIS in its Prudential Treatment of Cryptoasset Exposure report for December 2022. Banks to Hold 1% Maximum The policy, which covers a number…
High Stakes Trial of Avi Eisenberg Involves Alleged 110 Million Dollar Theft from Mango Markets Crypto Exchange
In the high-stakes trial of Avi Eisenberg, a 28-year-old trader, federal jurors in New York were presented with divergent narratives regarding his alleged manipulation of the Mango Markets cryptocurrency exchange, resulting in the theft of a staggering $110 million. The…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
