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Article by Steve Kaaru

China giving away $6 million in Beijing digital yuan test
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7 June, 2021

China giving away $6 million in Beijing digital yuan test

The Beijing Local Financial Supervision and Administration Bureau plans to give away 200 red envelopes to local residents, with each...
Digital currencies not banned in India: central bank
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4 June, 2021

Digital currencies not banned in India: central bank

The Reserve Bank of India recently clarified that digital currencies aren’t banned in India, which means that banks must refrain...
Philippines mobile wallet GCash eyes digital currency integration
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4 June, 2021

Philippines mobile wallet GCash eyes digital currency integration

GCash, which serves over 40% of the population, believes that in order to cement its position as a disruptor, it...
3 Israeli ICOs that raised $250M were scams: ex-employees lawsuit
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3 June, 2021

3 Israeli ICOs that raised $250M were scams: ex-employees lawsuit

Sirin Labs, Stox and Leadcoin raised over $250 million in their respective token sales, but according to the employees, the...
California man sentenced to 2 years in jail over illegal $25M BTC ATM operation
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3 June, 2021

California man sentenced to 2 years in jail over illegal $25M BTC ATM operation

Kais Mohammad pleaded guilty to the charges of money laundering, operating unlicensed money transmitting business and failing to maintain an...
Sweden central bank partners with local bank for CBDC trial
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3 June, 2021

Sweden central bank partners with local bank for CBDC trial

Handelsbanken, considered to be one of the oldest and largest banks in Sweden, has emerged as the first participant in...

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