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New Jersey Issues Cease And Desist Order To Bitstrade

Authorities in New Jersey have issued a cease and desist order to a digital currency investment fund called 'Bitstrade.' New Jersey Attorney General Gurbir S. Grewal and the Division of Consumer Affairs announced that the Bureau of Securities issued an Read More →

US equities rebound after 2 yr lows; USD is pulling back

US Dollar sells off as US equities stage a comeback following last week’s equity prices decline where prices went to levels last seen in 2016. The sell-off is being attributed to concerns over the rising interest rates in the US.

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Abu Dhabi Mulls Regulatory Regime For Cryptocurrency Exchanges

Abu Dhabi, the capital city of the United Arab Emirates, announced that it is planning to establish a regulatory framework for the virtual currency exchanges and intermediaries. The Abu Dhabi Global Market is an international financial centre set up in Read More →

Everipedia, Blockchain Rival To Wikipedia, Raises $30 Mln From Novogratz

Everipedia, which is a blockchain-based rival to the popular all volunteer-contributed online encyclopedia Wikipedia, has raised $30 million equity funding from former Wall Street macro trader Mike Novogratz's "crypto merchant bank". On February 8, Everipedia announced that it had received Read More →

Russia Cuts Rates, Signals Additional Reduction

Russia's central bank decided to slash its key interest rate again, and hinted more easing in the coming months as slowdown in inflation is forecast to continue in the first half of the year. The Board of Directors of Bank Read More →

German, French FinMins & CB Chiefs Seek G20 Action On Cryptocurrencies

German and French finance ministers and central bank governors have sought joint action by the G20 group of advanced and developing countries to tackle the risks posed by cryptocurrencies, reports said Friday. In a letter to the finance minister of Read More →