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Article by Steve Kaaru

Financial industry to adopt blockchain in 2025: report
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28 November, 2024

Financial industry to adopt blockchain in 2025: report

A survey by financial sector automation firm Quadient says the industry will integrate blockchain for financial transaction logging, reporting, and...
Axie Infinity maker Sky Mavis trims 21% of workforce
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28 November, 2024

Axie Infinity maker Sky Mavis trims 21% of workforce

Sky Mavis CEO Nguyen Trung insisted that the layoffs aren’t due to financial constraints, but Axie Infinity NFTs have lost...
CFPB finalizes digital payments rule, excludes digital assets
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27 November, 2024

CFPB finalizes digital payments rule, excludes digital assets

In its original proposal, the CFPB wanted to oversee digital asset wallets, but after opposition from some lawmakers and industry...
Italy trims proposed 42% digital asset tax
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27 November, 2024

Italy trims proposed 42% digital asset tax

Italy currently imposes a 26% tax on digital asset gains, which the government wanted to hike to 42%, but lawmakers...
BTC miner DMG Blockchain expands after $16M fundraising
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26 November, 2024

BTC miner DMG Blockchain expands after $16M fundraising

The Canadian company has purchased Bitmain hydro miners for $5 million, which will be installed in February, bringing its total...
European Investment Bank issues €105M digital bond on HSBC Orion
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26 November, 2024

European Investment Bank issues €105M digital bond on HSBC Orion

Elsewhere, SBI and UBS have launched a pilot utilizing smart contracts to automate the administration of tokenized funds under Singapore’s...

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