The U.S. Republican senators have introduced a bill aiming to ban Federal Reserve-backed central bank digital currency (CBDC). As reported by The Hill, this legislation emerged amid the Biden administration and Fed’s ongoing interest in studying the potential applications of CBDCs.

Hong Kong-based cryptocurrency exchange HTX, formerly known as Huobi Global, withdrew its application for a license on February 23, according to a filing posted on the Securities and Futures Commission website. Seychelles-based cryptocurrency exchange HTX is a trading platform which is

Ethereum Name Service (ENS) developer has agreed to settle with Manifold Finance over the ownership of the eth.link domain.  The decentralized autonomous organization (DAO) of ENS approved a settlement of $300,000 to be paid to Manifold, while also securing the rights

Bitwise crypto research analyst Ryan Rasmussen estimates a 50% chance of approval for a Spot Ether ETF by May. In a Yahoo Finance interview published Tuesday, he noted that the prospect of these ETFs is indeed attracting attention from institutional investors. Ether

The Financial Stability Board (FSB) will deliver reports on asset tokenization and AI later in 2024, according to Chair Klaas Knot. FSB Chair @KlaasKnot letter to #G20Brazil Finance Ministers and Central Bank Governors outlines the FSB’s work programme during the Brazilian

The stablecoin market capitalization has soared 1.95% to hit $138 billion in February recording a fifth consecutive monthly growth since September 2023. A new market report by cryptocurrency analytics firm CCData shows a stablecoin market capitalization and trading volume rise. Stablecoin volume

Suzhou, China, has reported that more than 29.16 million residents now have digital yuan wallets, as the nation’s CBDC project continues to gather pace. According to a Weibo post from the Suzhou Radio and Television Station, Suzhou-based individuals and firms transacted