Browsing: Business

The European Union has moved into a formal review of its crypto rulebook, with stablecoins and cross-border token issuance at the center of the work. The European Commission opened the process on May 20, 2026. It set a response deadline

JPMorgan Chase Chief Executive Jamie Dimon has renewed his criticism of proposed U.S. digital-asset legislation, saying banks would oppose the current version of the CLARITY Act because of provisions tied to stablecoin rewards and deposit-like products. Dimon’s remarks focused on regulatory

Cryptowire, NEW YORK: Recent surveys and official reports released in 2025 show Gen Z has become one of the strongest drivers of crypto adoption, with younger investors entering markets earlier, holding digital assets at higher rates and playing a growing role in

CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it to go live on ADI Chain, the companies behind the project said on February 11, 2026. The approval adds another regulated digital

Washington, October 25: The Federal Reserve appears to be nearing the conclusion of its quantitative tightening program, marking a key shift in U.S. monetary operations as liquidity conditions tighten across short-term funding markets. Analysts and financial institutions report that the central bank’s balance sheet has

BRUSSELS, 16 October 2025: The European Union Agency for Criminal Justice Cooperation, Eurojust, has concluded the inaugural meeting of its Judicial Focus Group on Money Laundering and Asset Recovery, issuing concrete recommendations to improve cross-border judicial cooperation and accelerate asset recovery procedures across the EU.

Morgan Stanley will begin offering cryptocurrency trading to its retail clients through E*Trade, marking a significant step into the digital assets space by one of the largest U.S. banks. The service is scheduled to launch in the first half of 2026 through a partnership with

Do Kwon, the South Korean entrepreneur behind the collapse of the TerraUSD and Luna cryptocurrencies, has pleaded guilty in a United States federal court to two counts of conspiracy to defraud and wire fraud. The plea marks a major development in a

Prominent financial advisor Ric Edelman has significantly revised his stance on cryptocurrency investments, suggesting this week that allocations of 10% to 40% in digital assets are now appropriate for investor portfolios. This marks a notable departure from his earlier recommendations of minimal

A cyberattack attributed to a pro-Israel hacking group has compromised over $90 million in cryptocurrency from Iran’s largest digital asset exchange, Nobitex, according to blockchain analytics firm Elliptic. The attackers reportedly transferred the stolen assets into inaccessible “vanity” addresses, effectively removing them from circulation.