Cryptocurrency: Bank of England calls for regulation

Image Source: Outlook India After the FTX cryptocurrency exchange failed, a top Bank of England official said that the financial system needs better rules to keep it safe. Sir Jon Cunliffe said that digital currencies are still too small to be a threat, but that will soon change. Last week, FTX went bankrupt because it […]

FTX: Cryptocurrency market in near-collapse

Image Source: Bitcoin News The near collapse of FTX, one of the biggest cryptocurrency exchanges in the world, has shaken the market for digital assets. After many withdrawals caused FTX to run out of cash on Tuesday, it made a deal to get help from a more significant competitor, Binance. FTX’s financial health concerns have […]