Business

Robinhood shifts focus to digital assets as it plans ‘bulletproof’ wallet
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25 August, 2021

Robinhood shifts focus to digital assets as it plans ‘bulletproof’ wallet

The announcement came as part of its Q2 earnings report, which saw the company report significant losses from the most...
Mexico reiterates reporting requirements for digital asset firms
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25 August, 2021

Mexico reiterates reporting requirements for digital asset firms

Digital currency firms must report any transaction that exceeds $87,000 to regulators, whether the firm is registered locally or under...
Nigeria freezes bank accounts for forex platforms, traps millions of dollars
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25 August, 2021

Nigeria freezes bank accounts for forex platforms, traps millions of dollars

The Central Bank of Nigeria has moved to court to freeze the bank accounts of forex trading platforms, claiming they...
Bank of Thailand announces pilot for retail central bank digital currency
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25 August, 2021

Bank of Thailand announces pilot for retail central bank digital currency

The Bank of Thailand has announced to conduct pilot tests of a central bank digital currency for retail use in...
SEC’s Gary Gensler gives latest on digital currency regulation: CBDC, DeFi and regulatory frameworks
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25 August, 2021

SEC’s Gary Gensler gives latest on digital currency regulation: CBDC, DeFi and regulatory frameworks

Arguing that DeFi projects would fall within the scope of regulators like the SEC, Chairman Gary Gensler described the term...
Solana sees first rug pull: Luna Yield disappears with $6.7M in digital currency
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24 August, 2021

Solana sees first rug pull: Luna Yield disappears with $6.7M in digital currency

Luna Yield ($LUNY), a yield aggregator launched via the Solana launchpad ‘SolPad,’ has disappeared with roughly $6.7 million worth of...
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