Latvijas Banka highlighted the decline in interest and use of cryptocurrency among Latvians in its “Financial Stability Report” for 2023. Only 4% of people, down significantly from the 8% seen in February 2022, bought crypto assets, the central bank study claims. There are a number of reasons for this declining trend in cryptocurrency investments. The bad […]

The Central Bank of Honduras (BCH) has taken a significant step toward the potential launch of its own central bank digital currency (CBDC) by initiating a pilot study and opening a public consultation. The move comes as part of the bank’s efforts to modernize its financial system and address existing challenges in payment methods. Pilot […]

In a recent development, the United States Securities and Exchange Commission (SEC) has settled with crypto firm Quantstamp following charges of violating securities law which the SEC leveled against it. Quantstamp agreed to settle with the SEC without admitting or denying the charges. Part of the statement read: Quantstamp agreed to a cease-and-desist order and […]