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The United Kingdom is planning to create a digital pound that would offer a stable alternative to bitcoin or ether. The Bank of England would be responsible for issuing the digital pound, which would be backed by physical pounds stored in its vaults. This would provide a more stable alternative to bitcoin or ether, which … Read more

FTX is pressuring hundreds of politicians and political organizations to return millions of dollars donated by the crypto platform or its founders before it went bankrupt last year. The new management is hoping to rebuild trust after the company’s recent financial troubles. FTX, the company that collapsed in November and is now at the center … Read more

This year, Super Bowl LVI was the crypto world’s coming out party. Buzzy firms made bold pitches last year, and shelled out millions of dollars on ads encouraging viewers not to be afraid of this new-fangled digital investment. This year, the stakes were higher. Firms competed for the attention of a more sophisticated and skeptical … Read more

The founder of the Hong Kong-based cryptocurrency exchange Bitzlato was arrested early Wednesday in Miami in connection with a vast money laundering operation, accused of transmitting more than $700 million in illicit funds in the past four years. Authorities believe that the Bitzlato founder was using his exchange as a way to launder money, and … Read more