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KPMG to audit new pound-backed stablecoin GBPT
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In terms of daily turnover, the British pound (GBP) is the fourth most traded fiat currency in the world, according to the Bank for International Settlements.

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US crypto regulation bill aims to bring greater clarity to DAOs
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The Responsible Financial Innovation Act proposes a comprehensive set of regulations for the digital assets sector, and one potentially impactful section is ...

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Tether fortifies its reserves: Will it silence critics, mollify investors?
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USDT is under attack from short sellers. Would they go away if only the company hired a Big Four accounting firm to audit its balance sheet?

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PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher
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Researcher Vivek Raman said that after the Merge, ETH inflation will be lower, security will be better and ETH will position itself as a digital bond.

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Binance ban off the cards, says Philippine trade and industry department
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The Philippine Department of Trade and Industry waved off a Binance ban proposal, citing a lack of regulatory stance on cryptocurrencies from the central bank.

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Dutch bank ING sells digital asset tool Pyctor to GMEX
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GMEX has acquired ING’s Pyctor business to connect CeFi and Defi amid the increasing demand for hybrid finance.

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US inflation data will be ‘messy’ — 5 things to know in Bitcoin this week
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A potent combination of CPI figures and more make for a problematic week as Bitcoin price struggles.

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Terra crash highlights stablecoin risk to financial stability: ECB
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A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy.

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Want a compelling use case for privacy blockchains? Look no further than dating
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Businesses are in love with Web3 — but when it comes to this technology being used for dating apps, singletons might want to swipe left.

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Grayscale legal officer says Bitcoin ETF litigation could take two years
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Grayscale argues that the differences between futures and spot Bitcoin ETFs have no correlation to approvals because prices are based on the same spot Bitcoin ...

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Crypto needs regulation to mitigate risks, says Bank of England exec
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Traditional markets have regulations to protect investors from unrecoverable losses, a Bank of England executive recently noted.

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Sports sponsorships sealed amid market turmoil as Man City inks deal with OKX
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Manchester City fans will also have a chance to win season tickets in the OKX Hospitality Box via scanning QR codes on street art commissioned by the crypto ...

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