Business

Ripple fined $125 million, barred from future securities law violations
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8 August, 2024

Ripple fined $125 million, barred from future securities law violations

U.S. District Judge Analisa Torres gave Ripple 30 days to pay its $125 million penalty while permanently restraining and enjoining...
Bank of England, BIS outline Pyxtrial project for monitoring stablecoins
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8 August, 2024

Bank of England, BIS outline Pyxtrial project for monitoring stablecoins

Reeling from the aftermath of the Terra collapse, the BIS and BoE will carry out Pyxtrial, an initiative focused on...
Qatar exploring tokenization despite digital currency ban
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8 August, 2024

Qatar exploring tokenization despite digital currency ban

The Qatar Financial Centre launched the Digital Assets Labs and is now welcoming the first cohort of 20 participants who...
Google unveils new strategies in fight against AI deepfakes
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8 August, 2024

Google unveils new strategies in fight against AI deepfakes

While improvements in Google's search engine could curb AI-generated fake content, the tech giant admits that they are not the...
Reserve Bank of India: CBDCs may reduce availability of cash deposits with banks
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7 August, 2024

Reserve Bank of India: CBDCs may reduce availability of cash deposits with banks

CBDCs may have the potential to be the future of money, but the Reserve Bank of India points out the...
Hong Kong must accelerate the development of Web3, lawmaker says
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7 August, 2024

Hong Kong must accelerate the development of Web3, lawmaker says

Johnny Ng pledged Hong Kong’s commitment to “open the market in a gradual, progressive and responsible manner” as he called...
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