News

Billions of dollars’ worth of value was wiped off a basket of digital tokens last week, in a severe test of investors’ faith in decentralised finance (DeFi).

Sixty-seven percent of consumer investors believe cryptocurrencies are a trustworthy investment vehicle. That’s according to a global survey of over 28,000 investors by crypto exchange Bitstamp.

NEWSBYTE New Zealand anti-money-laundering tech provider FirstAML has launched in the UK, according to an announcement from the company.

A group of cryptocurrency companies, supporting technology players, academics, and lobbying organisations has written to the European Union to protest at plans to regulate the crypto space.

The government has announced plans to make the UK a hub for cryptocurrencies, stablecoins, non-fungible tokens (NFTs), and supporting systems, such as distributed ledger technology (DLT) and blockchain. 

US President Biden has announced the launch of the US’ first strategy on cryptocurrencies and digital assets. He signed the Executive Order yesterday.