Saudi Arabia Open to Trading in Currencies Other Than US Dollar, Signaling a Shift Toward De-Dollarization
After a 48-year relationship solely with the U.S. dollar, Saudi Arabia’s Finance Minister, Mohammed Al-Jadaan, said the kingdom is open...
Bitcoin News
Bitcoin, Ethereum Technical Analysis: ETH, BTC Lower, US Retail Sales Slow
Ethereum fell lower on Thursday, as cryptocurrency markets continued to react to the latest U.S. retail sales figures. Sales in...
Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos
Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with...
How Bitget Became a Dark Horse and Earns Market Share and Trust From Millions in Crypto Winter
2022 was one of the roughest years in the crypto industry, which saw the collapse of Terra LUNA, Celsius, and...
East African Community to Decide on Regional Central Bank Launch in 2023
The East African Community (EAC) will decide during the course of the year 2023 when and where it will locate...
Eurozone Finance Ministers Pledge Support for Digital Euro Project, Talk Privacy
The ministers of finance of the countries in the eurozone reaffirmed their support for efforts to prepare for the potential...
Thailand Issues New Regulations on Custodied Cryptocurrencies
The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services...
South Korea to Regularly Inspect Crypto Risks With New Monitoring Tools
South Korea’s financial regulator is developing new tools to regularly monitor crypto risks. The regulator warned that while the impact...
Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight
Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official...
Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%
While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two...
Bitzlato Exchange Busted as US Deals ‘Blow to Crypto Crime,’ Arrests Owner
Cryptocurrency exchange Bitzlato, better known to the Russian-speaking segment of the market, has been taken down as part of an...
Nearly $1 Billion Poured Into Egypt’s Forex Market — Local Currency Now World’s Worst Performing Currency in 2023
The Egyptian central bank recently claimed that its decision to devalue the local currency has been vindicated by foreign investors’...
Digital Currency Group Suspends Dividends Amid Regulatory Trouble With Subsidiary Genesis
According to a shareholders’ letter from Digital Currency Group (DCG) viewed by finance and crypto publication Coindesk, the company has...
Sam Bankman-Fried Disputes FTX US ‘Shortfall’ Claims, Critics Skeptical of Excel Spreadsheet Defense
Following an update from FTX debtors about the $5.5 billion discovered by administrators during an investigation, former FTX CEO Sam...
CoinEx 2022 Year in Review: New Slogan, Better Product, and More User-Friendly Services
PRESS RELEASE. 2022 is an extraordinary year for the crypto industry, and it is also a year of struggle for...
