Cryptocurrencies News

LONDON (Reuters) – Britain would have the power to regulate all cryptoassets under a proposal the UK financial services minister has added to a draft law before parliament that will almost certainly pass.

By Georgina Lee and Samuel Shen HONG KONG/SHANGHAI (Reuters) – China’s digital yuan took the centre stage in the world’s largest cross-border central bank digital currency (CBDC) trial to date, a report showed, pointing to how Beijing is speeding up yuan globalization efforts amid rising geopolitical

By Kevin Buckland TOKYO (Reuters) – The dollar wallowed near a three-week low versus major peers on Wednesday as more signs of economic weakness in the United States fanned speculation about a less hawkish Federal Reserve.

By David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department said on Tuesday it reached an agreement with Alphabet Inc’s Google resolving a dispute with the search engine giant over the loss of data responsive to a 2016 search warrant.

By Praveen Menon and Byron Kaye SYDNEY (Reuters) – The cryptocurrency industry said on Wednesday it was disappointed with Australia’s decision to continue treating digital currencies as assets for tax purposes, and not as foreign currency.

By Chen Lin SINGAPORE (Reuters) – Singapore’s central bank has put forward proposals for new regulatory measures on cryptocurrency trading and stablecoins, in a bid to reduce the risk of consumer harm from the volatility of the industry.

By Sheila Dang (Reuters) – “Is Twitter dying?” billionaire Elon Musk mused in April, five days before offering to buy the social media platform.

By Kevin Buckland TOKYO (Reuters) – The safe-haven U.S. dollar eased against peers on Tuesday amid signs Federal Reserve rate hikes are already putting the brakes on the world’s biggest economy, while risk sentiment improved with Rishi Sunak about to become Britain’s prime minister.

By Lisa Pauline Mattackal (Reuters) – As a developed nation, you know your currency’s in a spot of bother when investors start to hedge with bitcoin.

By Vidya Ranganathan and Kevin Buckland SINGAPORE (Reuters) – The Japanese yen made a thumping 4 yen jump for a second straight session on Monday on suspected early intervention by the Bank of Japan, but struggled to hold its gains against a robust U.S. dollar.

It has been a busy week for the crypto market, with US economic indicators weighing. Updates from the SEC v Ripple case could shift sentiment.

(Reuters) – Banking regulators expect to provide industry guidance to financial institutions on crypto-related activities once agencies better understand the associated risks, said the acting chairman of the Federal Deposit Insurance Corp.

(Reuters) – Former Celsius executive Aaron Iovine has joined JPMorgan Chase & Co as executive director of digital assets regulatory policy, according to his LinkedIn profile, days after the bank’s Chief Executive Jamie Dimon blasted cryptocurrencies as fraud and decentralized ponzi schemes.

By Kevin Buckland TOKYO (Reuters) – The dollar hung close to a 32-year peak versus the yen on Wednesday while edging up from a two-week trough against a basket of major peers as traders weighed improved risk sentiment against the prospect of aggressive Federal Reserve

By Kevin Buckland TOKYO (Reuters) – The dollar hovered near a 32-year peak above 149 yen on Tuesday even as it took a breather from a rally against other major peers, with traders bracing for possible further intervention by Tokyo to support its currency.

By Lisa Pauline Mattackal and Medha Singh

It was a busy Friday session for the crypto market and the digital asset space. US economic indicators and Fed fear continued to test buyer appetite.

(Reuters) – Creating a U.S. central bank digital currency is likely not important to the long-term status of the U.S. dollar, Federal Reserve Governor Christopher Waller said Friday.

WASHINGTON (Reuters) – The U.S. Congress should give the Commodity Futures Trading Commission more powers to police cryptocurrency stablecoins to reduce risks to the financial system, Securities and Exchange Commission Chair Gary Gensler said on Friday.

By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) – A leading U.S. bank regulator said his caution over banks partnering with fintechs is not meant to stifle those arrangements, but rather reflects his concern that firms must adequately gauge their risks.