China Expands Scope for CBDC Utilization in Belt and Road Initiative
Michael ScottChina affirms its pole position in integrating central bank digital currency (CBDCs) utilization to facilitate transactions by expanding the Belt…
Chinese’s Changshu Authority to Settle Public Servants’ Salaries Using Digital Yuan
Norah ODonnellAn official notice released by Changshu City reveals that the public servants would be paid next month's salaries using the…
Deribit Eliminates Fees as It Unveils Spot Trading
The update issued by Deribit reveals that the world leader in crypto options exchange is eliminating maker and taker fees,…
Crypto Exchange Gemini Launching Derivatives Platform for Non-US Customers
On April 21, the American crypto exchange Gemini revealed plans to launch a crypto derivatives platform for offshore markets. The…
Crypto Firms Are Using Artificial Intelligence To Trick Investors; Here’s How
George WardThe increasing demand for artificial intelligence (AI) in recent weeks has seen a surge in technology adoption as the world…
Ontario Teachers’ Pension Plan Exiting Crypto, After Losing $95M in FTX
The prominent independent organization in Canada, Ontario Teachers' Pension Plan (OTPP), has distanced itself from crypto following the fallout of…
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Binance CEO Wants Balance Roles For CeFi And DeFi
Decentralized and centralized finance sectors are known to have complementary roles. Cryptocurrency industry experts state that the digital asset ecosystem…
Societe Generale Launching EUR CoinVertible Stablecoin for Institutional Investors
The multinational French-based financial provider Societe Generale has announced plans to release a stablecoin pegged to the Eurodollar known as…
Blockchain
CBDC (Central Bank Digital Currency)
Cryptocurrency
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Central Banks’ DLT Test For FinTech Industry Proves Successful
The financial industry has been excited over central banks' successful testing of distributed ledger technology (DLT). The Bank of England…
Polygon Petitions Clarity on Smart Contract Provisions in the EU Data Act
Polygon Labs penned a letter petitioning the European Union that the Data Act bill as written could hamper efforts to…
Tribe Capital Plans to Raise $250 Million for Reviving FTX Operation
On April 18, Tribe Capital announced plans to restore the operation of the Bahamian crypto exchange FTX. The venture capital…
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Decentralized Cryptocurrency Exchange (DEX)
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Ex-SEC Official Predicts Legal Trouble For Coinbase After Bittrex Lawsuit
Cryptocurrency exchanges have been facing increased regulatory scrutiny, and the latest victim of this is Bittrex. With Bittrex now in…
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Israel’s Apex Bank Shares Various Scenarios Regarding Digital Shekel Issuance
Israel's central bank, the Bank of Israel, has recently released a report outlining multiple scenarios for issuing a digital version…
SEC Files Lawsuit Alleging Bittrex Runs unregistered operations, Identifies Six Tokens as Securities
The statement issued on April 17 by US Securities and Exchange Commission (SEC) revealed the watchdog agency filed a complaint…