Article by Wahid Pessarlay
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17 January, 2023
Jack Ma cedes control of Ant Group following a massive corporate restructuring
Other changes to Ant Group’s structure include increasing independent directions and forming three sub-committees bordering on risk management, consumer rights,...
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16 January, 2023
Bitconnect promoter ordered to pay $17M to 800 fraud victims
The DOJ's filings indicate that the project's founders diverted the funds and began operating a "textbook Ponzi scheme by paying...
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16 January, 2023
People’s Bank of China currency report now includes digital yuan
Including digital yuan data in the final report is a clear statement of intent by the PBoC to move with...
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16 January, 2023
UAE VC firms launch joint fund for Web3 ecosystem worth $1 billion
Venom Ventures Funds (VVF) describes itself as a “blockchain-agnostic” fund “determined to make a meaningful impact by leveraging its financial...
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15 January, 2023
India’s CoinSwitch adds non-digital currency products amid stern tax policies
The new products that will be offered by CoinSwitch include mutual funds, stocks, U.S. equities, exchange-traded funds (ETFs), and fixed...
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15 January, 2023
Hong Kong wants retail investors access limited to ‘highly liquid’ products
The new trading restriction will take effect once the new licensing regime for digital assets passes in June.


