The primary problem with cryptocurrency from the perspective of central banks is its decentralized nature and lack of regulatory oversight. Cryptocurrencies operate outside the traditional
Category: News
Utah Joins Race with Wyoming & Tennessee to Become U.S. Crypto Capital with New DAO Law on the Books
In a significant development for the cryptocurrency industry, Utah has joined the ranks of Wyoming and Tennessee as it takes a leap forward in establishing
Binance Ensures Users Funds’s Safety Amid SEC Attempt to Freeze Assets
Binance.US, the U.S.-based cryptocurrency exchange, has swiftly responded to concerns raised by the recent motion filed by the U.S. Securities and Exchange Commission (SEC) seeking
SEC Files Lawsuit Against Coinbase for Violating US Securities Rules
Digital News Video Update In a recent legal development, the United States Securities and Exchange Commission (SEC) has filed a lawsuit against cryptocurrency exchange Coinbase,
SEC Files 13 Charges Against Binance for Mishandling Funds and Unregistered Securities Sales
Digital Video News Update The U.S. Securities and Exchange Commission (SEC) has filed 13 charges against Binance, one of the world’s largest cryptocurrency exchanges, and
Montenegro’s High Court Grants Bail to Terra Founder Do Kwon
Digital News Video Update: Montenegro’s high court has approved the request for bail by Do Kwon, the founder of Terra. The bail amount is set
Optimism to Implement “Genesis Protocol” in Bedrock Upgrade, Enhancing Ethereum’s Transaction Speed
Digital News Video Update In a groundbreaking move, the Ethereum layer 2 token Optimism has unveiled plans to integrate a revolutionary consensus algorithm called the
Crypto.com Secures Major Payment Institution License from MAS, Boosting Crypto Services in Singapore
SINGAPORE – In a significant development for the cryptocurrency industry, the Monetary Authority of Singapore (MAS) has granted Crypto.com an in-principle approval (IPA) for a
Bybit Becomes Latest Exchange to Leave Canada Over Crypto Regulation
In a significant development for the crypto industry, Bybit, a popular cryptocurrency exchange, has announced its departure from the Canadian market due to regulatory concerns.
The Central Bank of the UAE & Hong Kong MAS Financial Cooperation
Abu Dhabi, 30 May 2023 – The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) have taken significant