Article by Wahid Pessarlay
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5 July, 2023
India central bank turns to cross-border functionality despite advocating for cautious CBDC development
The Reserve Bank of India is keen on experimenting with multiple CBDC use cases outside the purview of domestic payments,...
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5 July, 2023
China Mobile establishes metaverse alliance amid several big tech operations
One of the alliance's objectives is to improve metaverse development in China; it also plans to create an investment fund...
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4 July, 2023
Dubai VARA releases schedule of fees for digital asset-related activities
Proprietary traders of digital currencies looking to operate in Dubai will be required to possess a no-objection certificate (NOC), according...
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4 July, 2023
OpenAI slammed with class-action lawsuit over alleged data theft
The lawsuit alleges that OpenAI breached the Electronic Communication Privacy Act, Computer Fraud and Abuse Act, California Invasion of Privacy...
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4 July, 2023
New Zealand central bank to increase digital assets monitoring, avoids full regulatory approach
The Reserve Bank of New Zealand also stated that a slow-and-steady approach is required for stablecoins and digital currencies due...
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3 July, 2023
CFTC secures $54M default judgment against digital currency fraudster
The U.S. District Court for the Southern District of New York ordered Michael Ackerman to pay $27 million in restitution...
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