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The SEC charges a NFT company with unregistered offering of cryptoasset securities
Aug 29,2023
The US Securities and Exchange Commission (SEC) has charged Los Angeles-based media and entertainment company, Impact Theory, with conducting an unregistered offering of crypto asset securities in the form of non-fungible tokens (NFTs). Impact Theory...
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Hong Kong leveraging Web 3.0 to spur the economy
Aug 28,2023
Hong Kong's finance chief, Paul Chan Mo-po, in his weekly blog post, has urged the city to capitalize on the potential of the latest web technology, Web 3.0 and blockchain, in order to stimulate economic growth. According to Chan, the utilization and...
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Blockmason's Link and CryptoChicks team up
Aug 26,2023
Blockmason, a leading developer of foundational, base-layer blockchain technologies, and CryptoChicks, an international educational hub, partnered to collaborate on blockchain technology advancement and adoption. Link, developed by Blockmason, is the...
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U.S lawmakers visit Switzerland for the consultation on Libra regulation
Aug 25,2023
The United States Congress delegation of five congresspersons visited Switzerland in order to meet with the Swiss Federal Data Protection and Information Commissioner (FDPIC) Adrian Lobsiger, as reported week earlier in the Swiss media. Delegation is...
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BIS study claims cryptoassets increase risks in emerging economies
Aug 23,2023
According to a Bank for International Settlements (BIS) report titled "Financial stability risks from cryptoassets in emerging market economies", cryptoassets have failed to live up to expectations and have increased financial risks in developing cou...
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Australia's central bank releases report on use cases for central bank digital currency
Aug 23,2023
The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) have jointly released a report on their research project, exploring the potential use cases for a central bank digital currency (CBDC) in Australia. The p...
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Combatting counterfeiting food by using edible microchips
Aug 21,2023
The European Union (EU) has granted protected status to over 3,500 products, including Parmigiano, Greek feta cheese, French Champagne, and Italian Parma raw ham. The market for protected products is valued at almost
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Coinbase approved to offer cryptocurrency to retail customers in the US
Aug 18,2023
The Coinbase Global, the largest US based cryptocurrency exchange, announced they received clearance from the National Future Association (NFA) to offer cryptocurrency to retail consumers. The NFA is a financial industry self-regulation body that car...
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PayPal temporarily halts cryptocurrency purchases for UK customers
Aug 17,2023
PayPal is working to comply with new UK regulations coming into effect on 8 October 2023. Britain's financial regulator, the Financial Conduct Authority (FCA), is imposing tougher rules on cryptocurrency products and services marketing and advertisin...
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The Arab Monetary Fund issues policy guide on adopting DLT, blockchain
Aug 17,2023
The Arab Monetary Fund (AMF) published 'Strategies for Adopting DLT/ Blockchain Technologies in Arab Countries', a policy guide for developing the fintech industry and promoting digital financial transformation in Arab countries through adopting...
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Digital Ruble: A Game-Changer for Russia's Financial and Economic Resilience?
Aug 16,2023
The digital ruble project, also known as the Central Bank Digital Currency (CBDC) project, was initiated by Russia on 15 August. Russia's central bank is leading the project and aims to launch the digital ruble by 2024 to make it available to Russian...
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Research on corporate investments in blockchain technology for the 2021-2022 period
Aug 16,2023
According to the latest research from Blockdata, 40 corporations invested in companies in the blockchain/crypto space from September 2021 to June 2022. Korean tech giant Samsung is the most active, having invested in 13 companies. The research looks ...
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