Bank of England raises interest rates

The Bank of England (BoE) raised the country's interest rates to 2.25 %, which is equivalent to an increase of 50 basis points, according to the entity's Monetary Policy Committee. The British central bank's decision comes just one day…

Tether will need to prove its backing in USDT

A court in the United States asked the company that owns the stable currency Tether to provide documents that demonstrate the backing in dollars of the digital asset USDT. New York Southern District Court Judge Katherine Polk Failla issued…

The SEC will create the Crypto Assets Office

Given the rise of cryptocurrencies in the financial markets, the United States Securities and Exchange Commission announced on September 9 that among the new departments it will create is the one dedicated to digital assets and related…