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FDIC-insured Citizens Trust Bank to hold $65M in USDC reserves

The Atlanta, Georgia-based bank joined the Federal Reserve System in 1947 and is classified as a Minority-owned Depository Institution.
Cryptocurrency

5 ways CBDCs could impact the global financial system

CBDCs could revolutionize the financial system by increasing efficiency, transparency and financial inclusion while reducing the use of cash.
Cryptocurrency

FATF agrees on roadmap for implementation of crypto standards

Part of the FATF's ‘Travel Rule’ includes recommendations that financial institutions obtain information on the originators and beneficiaries of certain crypto transactions.
Cryptocurrency

Bitcoin price stays under $24K as PCE data helps US dollar to near 7-week highs

Bitcoin fails to catch a break after “hot” PCE numbers punish U.S. stocks and bring DXY back from the brink of breakdown.
Cryptocurrency

Ukraine-based blockchain firm reports company ‘stronger’ one year into war

Russian military forces invaded areas of Ukraine in February 2022, and workers at businesses including Everstake have faced life in shelters and the constant...
Cryptocurrency

Bitcoin retirement plans elicit caution from regulators

Some investment experts believe adding digital assets to retirement funds could make sense when the market becomes more stable, but not right now.
Cryptocurrency

Crypto and blockchain education becomes priority at top universities

As crypto adoption rises, more universities are offering crypto courses.
Cryptocurrency

Cointelegraph 2023 Top 100 finale: First place goes to…

Bitcoin takes the prize as the No. 1 leading player in the crypto and blockchain space on Cointelegraph’s 2023 Top 100 list.
Cryptocurrency

IMF says no crypto as legal tender; community disagrees

A community member believes that the space will look back to this moment once it succeeds in making the world decentralized.
Cryptocurrency

Brands: Stop treating NFT drops like ad campaigns

So many brands jumped into the NFT craze in 2022. Now, some are finding themselves stuck in an unsustainable "engagement ponzi" with users.
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