Minimalist News

Simply the latest news, updated on the hour.

AI Summary

  • South Africa's central bank has raised alarms over the financial risks posed by cryptocurrencies and stablecoins amid growing trading activity and regulatory gaps within the country.
  • Paxos has acquired Fordefi to enhance its stablecoin and tokenization infrastructure, positioning the company to meet increasing institutional demand for on-chain asset operations.
  • New SEC guidelines could accelerate the approval process for crypto ETFs, potentially reshaping the landscape and addressing existing regulatory backlogs.
  • Bitcoin has showed signs of a recovery, with speculations of a short-squeeze that could push prices toward $90,000, while analysts express concerns over the high percentage of Bitcoin, Ethereum, and Solana held at a loss, suggesting a possible bear market.
  • The UAE has enacted a new financial law extending its central bank’s authority over DeFi and Web3, aiming to impose strict regulations on the digital asset sector.

Powered by OpenAI

Cointelegraph


CoinDesk


Decrypt


Looking for more? Search Google News