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Cryptocurrency Market Surge — global — Open Graph
Markets · Global
Breaking AI ready

Bitcoin and Ether Surge as Short Sellers Face Major Losses: MSMN News

A recent surge in Bitcoin and Ether prices has left short sellers reeling, driven by a combination of regulatory changes and market interventions. This rally marks a significant moment in the cryptocurrency landscape.

4 days ago · 2 min read · By MSMN Newsroom

Stablecoin Regulation — United States — Open Graph
Markets · United States
Breaking AI ready

U.S. Treasury Department Unveils New Stablecoin Regulations: MSMN News

The U.S. Treasury Department has introduced a proposal aimed at regulating stablecoins through the GENIUS Act, establishing crucial definitions and jurisdictions for this emerging financial sector.

1 week ago · 2 min read · By MSMN Newsroom

Study Reveals Stablecoins May Not Lower Remittance Costs: MSMN News — image from CoinDesk
Markets · Global
Breaking AI ready

Study Reveals Stablecoins May Not Lower Remittance Costs: MSMN News

A recent study by the Bank of Italy has shown that stablecoins may not provide the cost savings for remittances that many had anticipated. The research highlights the complexities of transaction fees and banking infrastructure that can negate potential benefits.

3 weeks ago · 7 min read · By MSMN Newsroom

Thailand Moves Toward Launching Baht-Backed Stablecoin: MSMN News — image from Bangkok Post
Thailand · Southeast Asia
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Thailand Moves Toward Launching Baht-Backed Stablecoin: MSMN News

Thailand is on the verge of launching a baht-backed stablecoin, a move that reflects its proactive stance in digital asset regulation amidst rising cryptocurrency adoption.

3 weeks ago · 6 min read · By MSMN Newsroom

FATF to Countries: Tighten Oversight on Virtual Assets: MSMN News — Abuja, Nigeria — Open Graph
Africa · Nigeria
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FATF to Countries: Tighten Oversight on Virtual Assets: MSMN News

• Says criminals increasingly using stablecoins to move illicit funds Ndubuisi Francis in Abuja Global anti-money laundering (AML), anti- terrorist financing watchdog, Financial Action Task Force (FATF), has urged govern

1 month ago · 2 min read · By MSMN Newsroom

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