US banks must maintain cautious approach to crypto, says acting OCC head

Michael Hsu, the appearing head of the Workplace of the Comptroller of the Forex (OCC) stated throughout a Banking Coverage convention that regulated banks ought to keep a “cautious and cautious” method... Read more »

India’s Central Bank RBI Starts Digital Currency Pilot With 4 Banks: Report

India’s central financial institution, the Reserve Financial institution of India (RBI), has reportedly requested 4 banks to pilot the nation’s central financial institution digital foreign money (CBDC) forward of its public launch.... Read more »

UBS raises US recession odds to 60%, but what does this mean for crypto prices?

On Aug. 30, international funding financial institution UBS elevated its view on the chance of the USA coming into a recession inside one yr to 60%, up from 40% in June. Based... Read more »

Philippine Lawmakers, Central Bank, SEC Discuss Crypto Regulation in Senate Hearing

The central financial institution and the Securities and Change Fee (SEC) of the Philippines mentioned crypto regulation in a Senate listening to with the participation of a number of executives from the... Read more »

Crypto markets bounced and sentiment improved, but retail has yet to FOMO

An ascending triangle formation has pushed the full crypto market capitalization towards the $1.2 trillion stage. The problem with this seven-week-long setup is the diminishing volatility, which may final till late August.... Read more »