
Article by Wahid Pessarlay
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9 November, 2022
NY Federal Reserve testing CBDCs to improve foreign exchange transactions
The exploration is part of Project Cedar, an experiment conducted by the BIS to test the worthiness of wholesale CBDC...
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8 November, 2022
IRS braces for spike in digital asset tax fraud in coming weeks
Jim Lee, head of the IRS criminal investigation department, noted that the cases are in their “hundreds,” with the bulk...
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8 November, 2022
South Korea: Authorities accuse Do Kwon of manipulating Luna tokens’ price
The prosecutors say that the evidence was gleaned from a “messenger conversation” between Do Kwon and an ex-employee of Terraform...
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8 November, 2022
Quebec blockchain miners may face electricity cuts from grid operators
Hydro-Quebec’s Electricity Supply Plan 2023-2032 report warns that the city’s electricity consumption could spike by an additional 25 TWh in...
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7 November, 2022
Canada to review state of digital assets, stablecoins, CBDC in new budget
The government plans to speak with digital asset service providers, institutional and retail investors, and other government agencies to chart...
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7 November, 2022
Bank of Canada executive director: No ‘blanket supervisory approach’ on digital payment providers
Instead of a blanket supervisory approach, the Bank of Canada will impose regulations centered on end-user impacts and providing efficient...
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