Business

Hong Kong finance chief open to collaboration on digital yuan
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28 October, 2020

Hong Kong finance chief open to collaboration on digital yuan

The Hong Kong government is reportedly exploring working with Chinese authorities to incorporate the digital yuan in wholesale and cross-border...
$24 million Harvest Protocol ($FARM) exploit explained
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27 October, 2020

$24 million Harvest Protocol ($FARM) exploit explained

Roughly 24 hours have passed since the DeFi project Harvest Protocol ($FARM) was exploited for over $24 million. Since we

JP Morgan launches new blockchain unit
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27 October, 2020

JP Morgan launches new blockchain unit

JP Morgan has just announced the launch of their new blockchain unit–Onyx–and says their JPM Coin is currently being used

China cracks down on extensive Tether-linked money laundering
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27 October, 2020

China cracks down on extensive Tether-linked money laundering

The central bank detailed a recent case in which its Huizhou City branch uncovered a cross-border online gambling operation that...
US feds propose changes to recognize digital currencies as money
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27 October, 2020

US feds propose changes to recognize digital currencies as money

The proposed rules include redefining ‘money’ to include digital currencies and lowering the transaction data-gathering threshold for cross-border financial transactions.
CFTC tightens digital currency rules for futures commission merchants
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27 October, 2020

CFTC tightens digital currency rules for futures commission merchants

The regulator addressed how customer protection provisions of the Commodity Exchange Act apply to digital currencies deposited by futures customers.
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