Pakistan is studying CBDC for financial inclusion
The governor of the State Bank of Pakistan believes that a state-back digital rupee can bring two-fold benefits to the country.
Latest Business News
Tulip Trust files lawsuit against Ira Kleiman over billions in Bitcoin fortune
Tulip Trust trustee Ramona Ang has filed a lawsuit against Ira Kleiman for negligence and breach of fiduciary duty in relation to his ongoing lawsuit against her husband, Dr. Craig Wright.
Fintech startups in Nigeria lose access to gov’t KYC/AML verification tool
Nigerian fintech startups, including those in the digital currency sector, have been relying on the bank verification number (BVN) as a primary know-your-customer (KYC) and anti-money laundering (AML) tool.
COPA launches High Court action against Craig Wright’s Bitcoin copyright claims
The Crypto Open Patent Alliance announced it's filing a lawsuit in the High Court of Justice in England and Wales, to declare that Dr. Craig S. Wright is not the author of the 2008 Bitcoin white paper.
Bitcoin, ethics and resisting change
Authors of a chapter published by IntechOpen analyse the societal response to blockchain and Bitcoin, identifying a lack of nuance in the general conversation surrounding the issue.
Crypto Capital: Reginald Fowler hires new lawyer after failing to pay old reps
Reginald Fowler will now be represented in court by Edward Sapone after his former legal team withdrew from his case for non-payment of fees.
Sweden central bank concludes first phase digital currency trials
The main obstacle encountered during the trial was scalability, which it identified as a potential bottleneck to adoption, according to Riksbank.
Digital yuan pilot moves to southern Hainan province
In its latest test, the PBoC has partnered with the Industrial and Commercial Bank of China’s Haikou branch and the Sansha city municipal government.
Digital ruble highest form of money, Russia says
Russia’s central bank may roll out digital ruble early 2022. The project is focused on replacing other digital currencies in the country.
Man loses BTC worth $1M to fake Trezor app
An iPhone user lost BTC worth $1M after downloading an iOS app called Trezor. Hoping to save his business during the pandemic, he purchased BTC.
Jamaica, Ireland firm partner to test CBDC project in 2021
After the Bahamas, Jamaica would pilot test central bank digital currency. Roll-out expected in early 2022.
Dubai financial regulator suggests security token regulation
Dubai proposes a framework to regulate security tokens and curb money laundering, as part of a bid to promote the growth of security tokens that could transform the city’s financial services industry.
