Financial Conduct Authority

Binance survey reveals crypto’s role in income generation, financial independence, and reducing inequality

Charles Hoskinson, of Cardano, reaffirms his criticism of the XRP community, emphasizing harassment and the need for factual discourse in the crypto industry.

FTX's new reorganization plan could result in substantial losses for creditors, based on past cryptocurrency values.

China's Central Bank is reducing US dollar holdings, a strategic shift to strengthen the Yuan and challenge the dollar's global dominance in a move that could reshape international financial power dynamics.

Millennials and Gen Z face financial hurdles, including rising education and housing costs, impacting wealth, investing, and retirement. This shifts traditional paradigms, necessitating a nuanced understanding of generational financial dynamics.

SoFi Technologies exits the crypto market due to regulatory pressures, transitioning clients to Blockchain.com. This move underscores industry challenges and a broader shift towards traditional banking practices.

Zipmex's restructuring plan offers creditors a fraction of their claims, sparking discontent and a call for an independent review. The exchange's struggles, evident since August 2022, escalate with uncertainties surrounding increased repayment contingent on financial recovery. As the creditors' vote approaches, Zipmex faces a critical juncture. The recent pause in trading operations in Thailand adds another layer of complexity, reflecting the ongoing challenges the exchange is grappling with.

Robert F. Kennedy Jr.'s bold vision advocates cryptocurrency as a symbol of financial freedom, challenging government control and envisioning a future where digital assets empower individuals and reshape America's financial landscape.

James Wallis, Ripple's Vice President, specializing in central bank engagements and Central Bank Digital Currencies (CBDCs), recently emphasized the transformative potential of CBDCs in boosting global financial inclusion.

The Monetary Authority of Singapore (MAS) advances digital money plans, emphasizing regulated stablecoins, tokenized deposits, and potentially private-controlled ledgers. Involvement of Paxos and StraitsX is notable.