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Banking Majors Prop Up Cryptocurrency Amid Rising Lawsuits

Cryptocurrencies have recently been gaining a rise in support from major traditional banking and investment institutions, thereby adding momentum to digital currencies despite a recent rise in pressure from US regulators. BlackRock, the world's largest investment manager, recently announced its decision to launch an exchange-traded...

Standard Chartered Predicts Bitcoin Will Be Worth $100,000 By the End of 2024

Bitcoin has seen quite a few ups and down over the past couple of years. But analysts at Standard Chartered believe the world’s largest cryptocurrency will only go up from here. According to Geoff Kendrick, head of digital assets research at Standard Chartered, Bitcoin will...

EU Parliament Vote in Favor of Uniform Legal Framework for Crypto

EU Parliament has backed the Markets in Crypto Act (MiCA), which aims to regulate crypto assets and the cryptocurrency market. MiCA represents the world’s first uniform legal framework focused on regulating the crypto industry. By placing rules in place, European Union intends to limit the...

Coinbase CEO Says Crypto Firm Will Develop in “Offshore Havens” Without Clear Regulations

Brian Armstrong, the CEO of crypto exchange Coinbase, urged the U.S. and UK to put clear regulations in place for the crypto market. According to Armstrong, without proper legislation “onshore,” crypto firms will be prompted to develop in “offshore havens.” Armstrong shared his opinion on...