According to a report from local media outlet The Sunday Mail, the move will allow small amounts of Zimbabwean dollars to be exchanged for the digital gold token, enabling more Zimbabweans to hedge against currency volatility. Reserve Bank of Zimbabwe Governor John Mangudya said the plan intends to...

In 2022, Massachusetts Senator Elizabeth Warren authored a bill that would require cryptocurrency wallet providers to comply with bank Anti-Money Laundering rules. Not crypto exchanges, mind you, but the wallets themselves. Kansas Senator Roger Marshall joined her on the proposal as a co-sponsor. Sa...

  Paris isn’t alone in vying to be a crypto hub, but the rhetoric of Emmanuel Macron’s administration chimes with its view that crypto is part of a bigger contest to attract business. But without security for investors and overconfidence, the risks of a backlash are also real Since FTX’s dramatic im...

Crypto firms are scrambling to find institutions to bank with after the collapse of Signature Bank and Silvergate Capital, two lenders that were friendly to digital currency companies. Some of these companies have turned to crypto-friendly Swiss banks, flooding them with requests for banking servic...

Update (0900ET):  Here are some of the top headlines (via Bloomberg) from Silvergate's call with investors this morning:  *SILVERGATE SAYS CLIENTS ARE TAKING HUGE PAUSE IN CRYPTO *SILVERGATE NOT SEEING CLIENTS CLOSING ACCOUNTS, LEAVING CRYPTO *SILVERGATE FOCUSED ON BEING BEST PROVIDER FOR CRYPTO SPA...

US regulators have issued their first ever joint warning to banks over the risks associated with the cryptocurrency market. The watchdogs told financial institutions to be wary of potential fraud, legal uncertainty and misleading disclosures by digital asset firms. Banks were also cautioned over th...

2022 was supposed to be the year crypto went mainstream, with a significant chunk of traditional venture capital firms betting heavily on the ecosystem in 2021. However, with one disaster after another, 2022 turned out to be a catastrophic year for the nascent crypto ecosystem. Some of the biggest n...

We’ve done our best to put together 22 points that we think tell the story of this year in crypto. Everything shown is as of December 26th or December 27th. 1. Total crypto and stablecoins market cap 2021: +$162mn per hour 2022: -$164m per hour Almost exactly, 2022 undid every dollar crypto and stab...

A former official of the People’s Bank of China (PBOC), the country’s central bank, has expressed disappointment that China’s digital yuan is seeing little use. Xie Ping, a former PBOC research director and current finance professor at Tsinghua University, made critical public comments about China’s...

Crypto endured a major hangover year in 2022 after a 2020-21 boom during the central banks' Covid liquidity party. The emerging blockchain space was battered by central banks removing the punch bowl, harsh macroeconomic environment, bankruptcies, exchange blowups, stablecoin implosions, and even cri...

After graduating from the University of Southern California in 2017, Tiffany Fong started several e-commerce businesses, earning passive income while traveling the world. She recently spoke with The Epoch Times about how she lost a lot of money investing in cryptocurrencies, which prompted her to be...

Briana Morris knew the job hunt would be difficult this year. A college senior and computer science major in Tampa, Florida, she started sending out job applications around the time that massive layoffs began to hit the tech industry from top to bottom.  Her total number of applications: 500. She tr...