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Exploring central bank digital currency: Evaluating challenges & developing international standards

This first-of-its-kind convening of leaders from international financial institutions, central banks, businesses, technology providers, and governments aims to establish an understanding of the issues countries must consider before issuing a CBDC.

Bitcoin, Ether end week in interest rate doldrums; Binance s BNB token leads winners

Bitcoin, Ether end week in interest rate doldrums; Binance s BNB token leads winners
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MONEY REIMAGINED: Media in Flux

The challenges of crypto journalism ( journalism as a whole) and the necessity of holding key players accountable cannot be understated, as journalists…

MONEY REIMAGINED: Media in Flux

The Entire Business World on a Single Page with the Web's Most Comprehensive One-Stop Finance News Hub.

Congress slow to regulate failure-ridden crypto industry

The conviction of former cryptocurrency mogul Sam Bankman-Fried for stealing at least $10 billion from customers and investors is the latest black mark for the crypto industry. But in Washington, there seems to be little to no interest in pushing through regulation. When cryptocurrencies collapsed and a number of companies failed last year, Congress considered multiple approaches for how to regulate cryptocurrencies. However, most of those efforts have gone nowhere, especially in this chaotic year that has been dominated by geopolitical tensions, inflation and the upcoming 2024 election. Ironically, the failure of Bankman-Fried’s FTX and his subsequent arrest late last year may have contributed to the momentum for regulation stalling out.

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