Countries have varying definitions and categorizations for stablecoins that may pose a risk to financial stability, the report by the Financial Stability Institute said.
Rapidly expanding stablecoin supply shows that “fiat money is being moved into crypto at an accelerated pace,” 10x Research’s Markus Thielen said.
The broker increased its MicroStrategy price target to $1,800 from $780 while maintaining its buy rating on the stock.
The Technology Working Group’s report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets.
The European Securities and Markets Authority on Monday published a final report on measures along with its third consultation package for further rules and guidance.
A UN Security Council panel is investigating 17 crypto heists in 2023, for which North Korea may have been responsible, which were valued at more than $750 million
Deputy Treasury Secretary Wally Adeyemo wrote a letter to lawmakers discussing the extent to which Hamas may be using crypto.
“We are working collaboratively with Nigerian authorities to bring Nadeem and Tigran back home safely to their families,” a Binance spokesperson told CoinDesk.
Nigeria’s government has started a fresh crackdown on crypto firms, reportedly blocking access to several, including Binance, Coinbase and Kraken.
Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of a potential upward swing from the Dencun upgrade