Business

Russia’s central bank opposes ‘overly risky’ private stablecoins
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16 July, 2022

Russia’s central bank opposes ‘overly risky’ private stablecoins

The Bank of Russia says that stablecoins are risky because the underlying pool of assets doesn’t belong to the user,...
Bank of France governor announces phase 2 of digital euro development
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16 July, 2022

Bank of France governor announces phase 2 of digital euro development

François Villeroy de Galhau, governor of the Banque de France, said the second phase would see four or five experiments...
BIS: CBDCs could solve cross border friction, but interoperability still major challenge
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16 July, 2022

BIS: CBDCs could solve cross border friction, but interoperability still major challenge

BIS and IMF say that using CBDCs could solve many challenges with cross-border movement of funds, but question whether central...
Celsius Network is bankrupt—this is getting ridiculous
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15 July, 2022

Celsius Network is bankrupt—this is getting ridiculous

Celsius Network has an estimated 100,000 creditors and has $12 billion under management as of May 2022, although it's unclear...
The CoinGeek Pulse Episode 95: 3AC founders missing, US Treasury digital assets framework, blockchain games investments
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15 July, 2022

The CoinGeek Pulse Episode 95: 3AC founders missing, US Treasury digital assets framework, blockchain games investments

Founders of Three Arrows Capital (3AC), a ‘crypto’ hedge fund, appeared to have gone missing after filing for bankruptcy.
US judge rules against SEC’s contradicting defense over Hinman speech in Ripple case
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15 July, 2022

US judge rules against SEC’s contradicting defense over Hinman speech in Ripple case

SEC argued that Hinman’s speech was a personal errand while also claiming he received legal counsel from SEC lawyers, and...