USDC Bounces Back to $1 Peg After Fed Announcementhttps://www.fameex.com/en-AU/news/crypto-trending-news-2023031301During a hearing before the House Financial Services Committee, the Chairman of the Federal Reserve, Jerome Powell, provided an update on the progress of the central bank digital curren

Circle's stablecoin USD Coin (USDC) is experiencing a resurgence in value, as it Circle's CEO, Jeremy Allaire, has shared reassuring news about the company's stability. Allaire confirmed in a recent statement that Circle's reserves are secure, and that the company has secured new banking partners wh

On Sunday evening, federal regulators announced a significant move to protect depositors at Silicon Valley Bank and Signature Bank, a Midtown-based institution. The Department of Treasury, the Federal Reserve, and the FDIC released a joint statement, revealing that Signature Bank has been shuttered

In front of a crowd at the Cato Institute, a libertarian think tank in Washington, Congressman Tom Emmer expressed his disapproval of digital currencies issued by central banks.Source: www.analyticsinsight.netCongressman Tom Emmer of the United States thinks that the introduction of programmable cen

Founders of Airbit Club Crypto Ponzi Scheme Confess to Involvement in Multi-Million Dollar Fraudhttps://www.fameex.com/en-AU/news/crypto-trending-news-2023031003The US Department of Justice has disclosed that six people linked to Airbit Club, a cryptocurrency Ponzi scheme masquerading as a mining an

Update on Central Bank Digital Currency Progress Shared by US Federal Reserve Chair Powellhttps://www.fameex.com/en-AU/news/crypto-trending-news-2023031001During a hearing before the House Financial Services Committee, the Chairman of the Federal Reserve, Jerome Powell, provided an update on the pro

The founders and promoters of the Airbit Club, a cryptocurrency Ponzi scheme that promised its victims guaranteed daily returns on any membership purchased, have recently pleaded guilty to various criminal charges. The United States Department of Justice (DOJ) detailed the fraudulent operation and t

Lithuania Launches New Regulation for Virtual Asset Service ProvidersLithuania, a small European country located in the Baltic region, has recently implemented a new regulation for Virtual Asset Service Providers (VASPs). The new regulation is expected to have a significant impact on the cryptocurre

During the House Financial Services Committee hearing held on Wednesday, Congressman Stephen Lynch (D-MA), who serves as the Ranking Member of the Subcommittee on Digital Assets, Financial Technology and Inclusion, inquired about the status of the central bank digital currency (CBDC), known as the d

Launched in 2020, FameEX is a secure and global cryptocurrency exchange that has accomplished numerous achievements. Over the past three years, it has attracted 300,000 users from over 50 countries. To enhance its user experience, FameEX has made various optimizations, such as upgrading its interfac