Regulators

Indian regulators have reportedly supported banning private cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) and pushing for the use of Central Bank Digital Currency (CBDC). This development reinforces India’s CBDC push, which started years ago. The country’s financial institutions argue that CBDCs offer safer and more efficient alternatives for promoting financial inclusion. In their opinion

Credit Suisse, UBS and their key...

Last year was a muted one for ad tech exits compared to the rampant activity of 2021, when the pop of champagne corks abounded with deal volume driven by initial public offerings plus mergers and acquisitions. Investment bank LUMA Partners’ 2022 Market Report shows the number of deals in the sector almost halved — from 90

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The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have jointly issued warnings about crypto risks to banking organizations. “The agencies have significant safety and soundness concerns with business models that are concentrated in crypto-asset-related activities or have concentrated exposures to the crypto-asset sector,” the