cryptoassets

LONDON : Global regulators will shortly propose the first set of international rules for cryptoassets, including how existing norms could apply to the sector, a top regulator said on Tuesday.Cryptoasset companies are calling for a…

<!-- -->The dramatic collapse of the trading platform FTX in 2022 has led to concern among regulators. (File)Washington: Risks such as fraud and scams, legal uncertainties, inaccurate or misleading representations and disclosures, and…

Illustration shows how the proposed algorithm separates the financial services (DeFi protocols) for swapping the USDT to the KYL cryptoasset. The end-user interacts…

Crypto exchange FTX was engulfed in further chaos on Saturday when the company said it had detected unauthorized transactions and analysts flagged that millions of dollars of assets had been moved from the platform in “suspicious…

Regulators are calling for tighter oversight of the stablecoins after a market meltdown in the past few weeks highlighted vulnerabilities that could contaminate the price of other assets.…

Frankfurt: Nearly one in 10 European households has invested in cryptoassets, an European Central Bank (ECB) study published Tuesday said, highlighting high demand for the risky investments. "As many as 10%" of survey respondents in six…

London: Consumers risk losing all their money invested in cryptoassets and could fall prey to scams, the European Union's securities, banking and insurance watchdogs said in a joint statement on Thursday. "Consumers face the very real…

Image Source : PTI In its Wealth Report Knight Frank said 18 percent of global UHNWIs now own cryptocurrencies or tokens.  Nearly 20 percent of Indian ultra-high-net-worth individuals (UHNWIs) invested in crypto assets last year…

Financial regulators said Cryptocurrency assets could soon threaten global financial stability. Global financial regulators said Cryptocurrency assets could soon threaten global…

The Financial Stability Board, which groups regulators, central banks and finance ministry officials from the G20 economies, is looking at what needs to be done with cryptoassets such as bitcoin and stablecoins. Regulators came late to…