Crypto Markets May Pose Risks to Wider Financial Stability

According to a European Central Bank report released on Tuesday, one out of every ten euro zone families has purchased crypto-assets such as bitcoin, with the wealthy just marginally more inclined than the poor to do so. The European Central Bank (ECB) stated on Tuesday that cryptocurrencies would represent a danger to financial stability if … Read more

ENS Crypto Climbs Higher as Ethereum Name Services Posts Record Revenue

Today, the Ethereum Name Service (ENS-USD) is the focus of attention as it surpasses a new milestone. The platform, which is swiftly becoming one of the most popular blockchain services, has surpassed its previous revenue milestone. The announcement demonstrates the rising need for a more customized blockchain experience. The Ethereum Name Service, or ENS, aims … Read more

Governor Bailey of the Bank of England Shares ECB President Lagarde’s Anti-Crypto Sentiments

On Monday, the Governor of the Bank of England issued yet another anti-crypto warning. Despite the UK’s objectives to foster innovation, these remarks have been made. Governor of the Bank of England, Mark Bailey, spoke about cryptocurrency this week. The crypto market saw its first big ‘Lehmanesque’ fall in the week ending May 13. TerraUSD … Read more

G7 Finance Leaders Reaffirm FX Commitment in Communique

According to a final statement, the Group of Seven (G7) finance ministers vowed to constantly monitor markets in light of recent volatility and reiterated their current commitment on currency rates. The financial chiefs of the Group of Seven (G7) agreed on Friday to carefully monitor markets in light of recent volatility and reaffirm their commitment … Read more