The ratings agency has also put the crypto exchange’s rating Author: Nelson Wang

Researchers at Russian bank VEB suggested the country issues a gold-backed stablecoin for international payments to evade sanctions. Author: Anna Baydakova

The Reserve Bank of India (RBI) is to develop a proof-of-concept blockchain project focused on trade financing alongside various top Indian banks, the Economic Times reported Thursday. Author: Jamie Crawley

DeFi is resilient in the current crypto crash; bitcoin and other cryptos sink in Wednesday trading. Author: Shaurya Malwa, James Rubin

The price of bitcoin and other major cryptocurrencies fell amid testimony by U.S. central bank Chair Jerome Powell, who said a recession might not be avoidable. Author: Krisztian Sandor, Jimmy He, Helene Braun