A group of twelve Republican Attorneys General (AGs) has submitted a comment to the Securities and Exchange Commission (SEC), opposing a proposed rule that would
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IMF Upset As Zimbabwe Introduces Gold-Backed Digital Currency as a Strategic Solution
The IMF is upset at Zimbabwe decision to introduce Gold-Backed Digital Currency as a strategic solution. Zimbabwe’s recent decision to launch a gold-backed digital currency
“Apple’s New Financial Venture”: Is Apple Taking Strategic Steps Towards Embracing the Metaverse?
Digital News Video Update With Apple’s new savings account announcement, is Apple preparing to embrace digital currencies and the Metaverse? The Metaverse refers to a
FDIC Attributes Crypto Exposure to Silvergate Bank, Sends Ripples Through Crypto Markets
In a surprising turn of events, the Federal Deposit Insurance Corporation (FDIC) has recently pointed fingers at Silvergate Bank, a prominent financial institution specializing in
The Bank of Russia’s New Bill: Implications for Cryptocurrency and Sanctions
The Bank of Russia is in the process of developing a new bill that would allow foreign banks to open offices in the country. This
ASEAN+3 Meeting Emphasizes the Importance of Cross-Border Payments and CBDCs
The 26th ASEAN+3 Finance Ministers and Central Bank Governors Meeting, held in Incheon, Korea, on May 2, 2023, focused on strengthening cross-border payments and creating
Coinbase Apologizes for Pepecoin Controversy and Memecoins’ Latest Rise
Coinbase Chief Legal Officer Paul Grewal recently issued an apology to investors in the novelty cryptocurrency Pepecoin. The company faced criticism for documenting how the
Visa Builds Prototype of Programmable Finance Platform for Farmers Using CBDC
Visa has developed a prototype programmable finance platform for farmers using a central bank digital currency (CBDC) in response to a challenge from Brazil’s central
Bank of Canada Seeks Canadians’ Input on Potential Digital Dollar
The Bank of Canada is exploring the possibility of issuing a central bank digital currency (CBDC), also known as a digital Canadian dollar, and is
The Crypto Conundrum: The US Stance on Regulation and National Security
The emergence of cryptocurrencies and their widespread adoption have brought about several concerns and debates worldwide. In particular, the United States’ stance on regulating cryptocurrencies