Business

Wirecard lays off over 50% of staff amid insolvency process
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27 August, 2020

Wirecard lays off over 50% of staff amid insolvency process

The firm is planning to let go of 730 of the 1,300 workers at its Aschheim office, cutting its total...
Digital commodities exchange Emirex introduces Bitcoin SV trading pairs
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27 August, 2020

Digital commodities exchange Emirex introduces Bitcoin SV trading pairs

Emirex, the Dubai-based digital commodities exchange, today announces that it has officially introduced support for Bitcoin SV [BSV] on its...
FCA eyes extending money laundering obligations for digital currency firms
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27 August, 2020

FCA eyes extending money laundering obligations for digital currency firms

New proposals from the U.K.’s financial regulator could see more firms required to report on managing the risks of financial...
Ripple faces ‘PayID’ trademark lawsuit in Australia
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27 August, 2020

Ripple faces ‘PayID’ trademark lawsuit in Australia

Ripple is the subject of fresh legal action in Australia over an alleged trademark infringement in the launch of its...
Bahamas central bank adds new digital currency to balance sheet
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27 August, 2020

Bahamas central bank adds new digital currency to balance sheet

There was $48,000 worth of its central bank digital currency, the Sand Dollar, in circulation, according to the Bahamas central...
China digital yuan catering to small retail transactions
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27 August, 2020

China digital yuan catering to small retail transactions

The digital currency electronic payment has been on a test run, targeting small retail transactions amid preparations for nationwide rollout.
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