Crypto


Markets

Blockchain Australia Recommends Safe Harbor Provision for Crypto Providers

The industry body is calling for a "coordinated and graduated approach" to the regulation of digital assets throughout the country.

Sydney, Australia

Finance

Amazon Is Looking to Hire a Digital Currency Lead

The successful candidate will have expertise in cryptocurrency and central bank digital currencies, according to the job posting.

amazon

Policy

Stablecoins Risky Like ‘Wildcat’ Bank Practices of 19th Century, Gorton and Zhang Write

Yale economist Gary Gorton and U.S. Federal Reserve attorney Jeffery Zhang liken stablecoins to a time when private banks issued their own notes.

Stablecoins have been likened to that of "wildcat" banking practices in the U.S. during the 19th century.

Markets

India's ICICI Bank Stops Customers From Making Overseas Crypto Investments

ICICI Bank is telling customers not to use foreign remittances to invest in cryptocurrencies.

Delhi, India

Finance

Bank of America Creates Team Dedicated to Researching Crypto

America’s second-largest bank is the latest financial institution to wade deeper into crypto.

taylor-simpson-27D0nbUtZd0-unsplash

Markets

South Korean Prosecutors Indict Former Bithumb Chairman in $100M Fraud Probe

Lee Jung-hoon allegedly took the funds from BK Group owner Kim Byeong-gun as an upfront "contract fee" in acquisition negotiations.

Bithumb

Markets

UBS Says Regulatory Crackdown Could Pop 'Bubble-Like Crypto Markets': Report

Though it was looking to offer crypto to wealthier clients in May, the bank is now warning clients to avoid it altogether.

UBS