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Article by Steve Kaaru

Swiss central bank completes CBDC trial, downplays DLT
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8 December, 2020

Swiss central bank completes CBDC trial, downplays DLT

While the trial demonstrated the feasibility of a wholesale CBDC, the bank claimed that distributed ledger technology has not yet...
SEC spins out digital assets-focused FinHub into standalone agency
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8 December, 2020

SEC spins out digital assets-focused FinHub into standalone agency

The move is geared towards giving the SEC a better foothold of the ever-changing tech ecosystem, allowing it to protect...
Reginald Fowler’s lawyers withdraw over $600K in unpaid fees
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8 December, 2020

Reginald Fowler’s lawyers withdraw over $600K in unpaid fees

Reginald Fowler has been accused of misleading his lawyers regarding his financial status, having paid just $25,000 since the case...
US Congress seeks to regulate stablecoins with new STABLE Act
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7 December, 2020

US Congress seeks to regulate stablecoins with new STABLE Act

The STABLE Act seeks to treat stablecoin issuers as banks, requiring them to obtain a banking charter and abide by...
PlusToken scam: Top operators jailed for up to 11 years
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5 December, 2020

PlusToken scam: Top operators jailed for up to 11 years

A Chinese court also fined the PlusToken operators up to $900,000 for their roles in the $2.25 billion Ponzi scheme.
Venezuelan hackers who stole $1.9M in BTC arrested
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5 December, 2020

Venezuelan hackers who stole $1.9M in BTC arrested

The two reportedly used obfuscation protocols to cover their tracks, but police managed to track the heist to a company...

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