Pepe whales are making some serious moves, scooping up over 400 billion tokens after last week’s selloff. And guess what?
Philippine banks set to launch PHPX stablecoin
Several banks from the islands are gearing up to launch a new stablecoin called PHPX, and it’s set to make some competition in the world of cross-border payments and remittances.
FDIC Head’s Proposal to Ease Crypto Regulations: A Catalyst for Institutional Adoption and Banking Integration
The new FDIC head’s recent suggestion to ease crypto regulations has the potential to drive significant institutional adoption by fostering greater confidence and enabling deeper integration of cryptocurrency into traditional finance.
Such regulatory adjustments could stimulate innovation in crypto-related financial products, attracting broader participation from established financial institutions.
For crypto businesses, this shift might lead to improved access to banking services and reduced instances of debanking, as banks could become more open to offering tailored solutions for the crypto sector.
However, the actual impact will hinge on how these recommendations translate into actionable policies and the response from other key regulatory agencies.
The interplay between eased regulations and broader industry oversight will ultimately determine the extent of these changes in reshaping the crypto landscape.
Ryan Lee, Chief Analyst at Bitget Research
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
Kriptoworld.com accepts no liability for any errors in the articles or for any financial loss resulting from incorrect information.
There are more than one million victims in Terra’s case?
U.S. prosecutors have unveiled that the fallout from the Terra/LUNA collapse may have affected over one million people and entities worldwide.
Bitcoin, Ethereum, and BNB are in Bhutan’s crypto reserve
Bhutan is making some noise in the crypto community by announcing that it will hold Bitcoin as part of its strategic reserve.
Thai police crack down on Bitcoin mining operation over energy theft claims
Thai authorities have swooped in and seized nearly 1,000 Bitcoin mining machines from a company in the eastern part of the country.
Bitcoin alarm: risk levels are peaking?
If you’re trading Bitcoin, you might want to pump the brakes a bit, because analyst Willy Woo just dropped a cautionary note, warning that risk levels in the current crypto cycle are hitting a peak.
