Won Overtakes USD as World’s Most Traded Fiat for Crypto Transactions
In the first quarter of 2024, the South Korean won has surpassed the US dollar as the world’s most heavily traded fiat currency against cryptocurrencies.
The Reserve Bank of Fiji Warns Against Crypto
The Reserve Bank of Fiji (RBF) is now cautioning the public against the use of cryptocurrency for payment or investment.
Crypto Funds’ Weekly Outflows Reach $110M
The most recent update from CoinShares reveals that there were minor withdrawals from institutional investments in cryptocurrencies in the past seven days.
Hong Kongs’s Recently Approved Crypto ETFs Will Attract Low Amount of AUM
Bloomberg analyst Eric Balchunas downplayed the excitement over Hong Kong’s approval of spot Bitcoin and Ether ETFs on Monday.
Circle Enables Support for USDC Smart Contracts for a BlackRock’s Fund
Circle has incorporated smart contract capabilities for investors in the BlackRock USD Institutional Digital Liquidity Fund (BUIDL).
US Treasury Wants Tighter Control Over Crypto Crime
During his testimony before the Senate Banking Committee on April 9, United States Deputy Treasury Secretary Adewale Adeyemo continued pushing for his agency to have more enforcement powers.
52% of US Consumers Believe Cryptos Are an Important Asset Class: Deutsche Bank
A recent poll conducted by Deutsche Bank among 3,600 US consumers revealed a growing sense of optimism towards cryptocurrency and its potential for future adoption.
