Business

Digital currency executives testify in Congress as US lawmakers mull industry oversight
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10 December, 2021

Digital currency executives testify in Congress as US lawmakers mull industry oversight

When the hearing came to an end, it was clear that lawmakers have a positive outlook on the digital asset...
Japan to limit stablecoin issuance to banks: report
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10 December, 2021

Japan to limit stablecoin issuance to banks: report

The Financial Services Agency believes the new proposal will prevent stablecoin runs in Japan as banks and wire transfer firms...
China releases new digital yuan coupons ahead of 2022 Olympics
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10 December, 2021

China releases new digital yuan coupons ahead of 2022 Olympics

Four state-owned banks issued a new batch of digital yuan coupons in Beijing, which officials said can be used for...
Binance ‘re-engaged’ with FCA to become registered in UK: Changpeng Zhao
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9 December, 2021

Binance ‘re-engaged’ with FCA to become registered in UK: Changpeng Zhao

Months after the Financial Conduct Authority shut down BInance over its illegal operations in the U.K, CEO Changpeng Zhao says...
Decentralization in DeFi is an illusion, BIS quarterly review concludes
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9 December, 2021

Decentralization in DeFi is an illusion, BIS quarterly review concludes

The Bank for International Settlements says decentralized finance (DeFI) could play a crucial role in the future of finance, but...
Digital currency VC Hashed under investigation by South Korea tax authority
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9 December, 2021

Digital currency VC Hashed under investigation by South Korea tax authority

While insiders at the tax agency claim the probe is related to slush funds and tax evasion, Hashed executives said...
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