Sakkapop Panyanukul is a senior director at Bank of Thailand’s Monetary Policy Department. He clarified this week the central bank’s position on cryptocurrency. He said that the Bank of Thailand was currently discussing cryptocurrency regulation with the Thai Securities and Exchange Commission, related agencies and other stakeholders. The bank wants to reduce consumer risk associated with... Read More

Bitcoin has been both the darling of cryptocurrency investors. Many countries and leaders are skeptical of the decentralized medium, and plan to impose regulations for digital tokens. However, some other ideas are being developed to promote development. One such nation is El Salvador. The country was famous for its announcement of bitcoin as legal tender. El Salvador President Nayib Bukele announced plans to create... Read More

Eric Adams, the new mayor of New York City, believes that schools should incorporate cryptocurrency and blockchain technology into their curriculum. This is in addition to his plan to make the city a crypto hotspot. Eric Adams stated that Bitcoin is the “new way to pay for goods and services around the globe” and that schools must... Read More

Tether’s major customer has claimed that Tether lends stablecoins to customers in exchange for crypto. This claim further challenges Tether’s founding promise that tokens are issued using real dollars. Alex Mashinsky of the crypto lending platform Celsius Network borrowed from Tether and counts it an equity investor. Tether, in part of a lending agreement, has given its... Read More

As institutional investors sought more support from regulators, cryptocurrency funds and investment products saw inflows for the seventh consecutive week, according to CoinShares data on Monday. According to CoinShares data, the sector saw inflows of $90.2 million last week. The largest source of these flows was bitcoin, which grabbed $69 million. Inflows to crypto have reached... Read More

In the midst of the ongoing legal battle between Ripple, United States securities regulators and Ripple board members, an ex-U.S Treasurer and Ripple board member voiced support XRP. Rosa Rios, former Treasurer, joined Ripple’s board of directors on May 2021. She took to Twitter to reaffirm her faith in XRP and to criticize other cryptocurrencies like Bitcoin ( TTC ). Rios... Read More

According to Reuters, the El Salvador Court of Accounts will investigate a complaint regarding the government’s Bitcoin purchases, and the construction of kiosks that can be used as ATMs. El Salvador became this month the first country to adopt bitcoin as a legal tender. This move was championed in part by President Nayib Bukuele. The price of Bitcoin in India was Rs. As... Read More

A 150,000-square-foot warehouse that houses high-end vintage cars was located on a Houston residential street. 200 oil and gas executives and bitcoin miners met up in the warehouse to drink beer and chat shop on Wednesday night in August. Although these two groups may appear to be at opposite ends of social and professional spectrums,... Read More