The crypto industry’s stablecoin operations, such as the arrangement between issuer Circle and leading exchange Coinbase, could be under serious pressure in the U.S. Office of the Comptroller of the Currency’s newly proposed set of stablecoin rules. Even as OCC chief Jonathan Gould testified in… Read More
In the event that quantum computers one day become capable of breaking Bitcoin’s cryptography, roughly 1 million BTC attributed to Satoshi Nakamoto, the creator of the Bitcoin network, could become vulnerable to theft. At today’s price of about $67,600 per bitcoin, that stash alone would… Read More
South Korea’s top financial watchdog is stepping up oversight of crypto markets days after a local exchange mistakenly distributed billions of dollars worth of bitcoin to users. The Financial Supervisory Service said Sunday it will launch planned investigations into “high-risk” practices that undermine market order,… Read More
The Bank of Japan is preparing to raise interest rates at its December policy meeting, a shift that would lift the country’s benchmark rate to its highest level since 1995 and potentially reverberate through global risk markets, including crypto. People familiar with the matter told… Read More
