Business

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...
Was Brian Brooks too compliant for Binance?
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24 August, 2021

Was Brian Brooks too compliant for Binance?

Brian Brooks tweeted on August 6 that he was resigning as the CEO of Binance.US, adding that “despite differences over...
Blockchain advocates in US Congress bring back Blockchain Regulatory Certainty Act
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24 August, 2021

Blockchain advocates in US Congress bring back Blockchain Regulatory Certainty Act

Leading advocates in Congress, Rep. Tom Emmer and Rep. Darren Soto re-introduce the Blockchain Regulatory Certainty Act in a bid...
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