Business

Hokkoku Bank launches Japan’s first stablecoin backed by bank deposits
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4 April, 2024

Hokkoku Bank launches Japan’s first stablecoin backed by bank deposits

Japan’s Hokkoku Bank will use a digital app it launched in 2023 to facilitate stablecoin payments as it eyes the...
Binance’s woes in Nigeria spiral as detained exec’s family appeal for US intervention
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3 April, 2024

Binance’s woes in Nigeria spiral as detained exec’s family appeal for US intervention

Nigeria crackdown on Binance continues with the arrest of two top officials and shutdown of the exchange following allegations of...
President Ferdinand Marcos Jr. acknowledges importance of AI; experts urge swift action for Philippines’ future
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3 April, 2024

President Ferdinand Marcos Jr. acknowledges importance of AI; experts urge swift action for Philippines’ future

In a roundtable, President Ferdinand Bongbong Marcos Jr. voiced the need to integrate AI into the Philippines' economic growth, earning...
No surprises here: SEC claims against Coinbase to proceed
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3 April, 2024

No surprises here: SEC claims against Coinbase to proceed

A U.S. federal judge ruled that the SEC had "sufficiently pleaded" that Coinbase operated as an exchange, broker, and clearing...
Ensuring regulatory compliance in the decentralized economy
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3 April, 2024

Ensuring regulatory compliance in the decentralized economy

As technology evolves, so do global regulations, which the London Blockchain Conference aims to highlight as it returns later this...
CBDC anonymity will impact bank lending: Bank of Canada
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3 April, 2024

CBDC anonymity will impact bank lending: Bank of Canada

If the CBDC’s anonymity is sufficiently high, it will lure low-quality entrepreneurs as commercial banks cannot access their inflows, and...
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