BTC saw a slight decrease of approximately 1% following the announcement of a 25 basis point increase in the federal funds rate by the U.S. central bank. Fed Chair Jerome Powell mentioned that the central bank had removed any indications of further rate hikes during upcoming meetings.
Nor Crypto Game
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A digital euro, according to the governor of the Bank of Finland, might improve consumer services across Europe
Rehn asserted that 'an economy dominated by digital payments but lacking a solid monetary base would be fundamentally unstable.'119
Making policy recommendations pertaining to blockchain and similar technologies is one of the task force's key responsibilities.113
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On Monday, meme coin traders enthusiastically invested in various pizza-related tokens, but the anniversary of the first bitcoin purchase was overshadowed by rug pulls that dampened the mood.23
Cathie Wood also alluded to the significant downfall of the crypto exchange FTX last year, stating that it effectively 'proved the concept' of bitcoin.20
The project additionally introduced its new PLEX client, designed to alleviate the demands of computationally intensive tasks involving scientific data.20
The bank anticipates a continued lack of activity in digital asset trading, as retail investors choose to stay out of the market.24
Hong Kong Securities Regulator to Commence Accepting Crypto Exchange License Applications from June 1st
The SFC's guidelines explicitly forbid the distribution of crypto 'gifts' intended to encourage retail investments, which may encompass airdrops. Additionally, the guidelines state that stablecoins should not be allowed for retail trading until they undergo regulatory oversight.15