Central bank digital currencies are the “inevitable evolution of today’s electronic currencies,” said the bank in a newly published report.

JPMorgan closed Uniswap’s founder accounts because the major banks don’t have such a public approach to the crypto industry. Banks like JPMorgan operate in the shadows by preventing other crypto customers from having accounts so let’s read further into today’s latest crypto news. Uniswap’s founder Hayden Adams revealed that JPMorgan closed his bank account with […]

Banks do not need to provide an explanation to shut down accounts owned by clients deemed "too risky," according to former CFTC commissioner Brian Quintenz.

The euro has edged lower at the start of the week and dipped below the 1.13 line in the European session. EUR/USD is trading at 1.1315 in the North American session, down 0.25% on the day, as the US dollar is broadly higher. German PMIs outperform The week started with strong German data, as PMIs […]

The Biden Administration plans to release a government-wide strategy on digital assets as soon as next month, according to a report from Bloomberg. Citing sources familiar with the matter, Bloomberg says that federal agencies have been tasked with weighing out the risks and benefits of digital assets in a series of meetings which will be […]

The post Biden Administration To Publish Government Strategy On Crypto appeared first on Coin Bureau.

The Canadian dollar has started the week with losses, continuing the downswing we saw on Friday. USD/CAD is up over 1% since Thursday, as the US dollar is broadly higher against the major currencies. The week ended on a sour note for the Canadian dollar, due to weak Canadian data. November retail sales were weaker […]

Continue reading at Coinspeaker

BlockTower Capital’s Michael Bucella is bullish on crypto, noting that volatility in Bitcoin and…

The post Bitcoin is still ‘firmly in growth mode,’ says crypto investment firm appeared first on Coin Journal.

After gaining ground over three straight sessions, the Japanese yen has paused on Monday, as it trades around 113.80. Markets eye BoJ inflation gauge Inflation indicators continue to garner attention in Japan, which is showing inflationary pressures after years of deflation. December core CPI climbed 0.5% y/y, just shy of the 0.6% forecast. Inflation is […]

US President Joe Biden's administration is working on an initial government-wide strategy on digital assets for release next month. (Read More)

UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of cryptocurrencies. UBS Expects Crypto Winter That Could Last Years Switzerland’s largest bank, UBS, has warned of a crypto winter where prices crash and […]

The Biden administration is reportedly drafting a government-wide cryptocurrency strategy as an executive order. The directive is expected to be presented to President Joe Biden in the coming weeks. The strategy could be released as soon as next month. US Government-Wide Crypto Strategy The Biden administration is reportedly preparing to release an initial government-wide […]