Bahamas launches Sand Dollar, the world’s first official CBDC
The Central Bank of the Bahamas has developed the Sand Dollar to be transferrable via mobile phones, making it easy to use for the residents.
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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 settlement.
$24 million Harvest Protocol ($FARM) exploit explained
The DeFi project Harvest Protocol ($FARM) was exploited for $24 million on October 26th, find out how the attacker pulled off the exploit in this article.
JP Morgan launches new blockchain unit
JP Morgan has announced the launch of their new blockchain business unit, Onyx. Onyx will be using a blockchain and the JPM Coin for cross-border payments.
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 relied on USDT for funds transfer.
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
The regulator addressed how customer protection provisions of the Commodity Exchange Act apply to digital currencies deposited by futures customers.
2 new investors back digital currency startup Curv
Franklin Templeton is leading the Curv funding round that saw also participation from fintech VC firm Illuminate Financial Management.
Alleged $1 billion BTC scammer arrested in Spain
Spanish police have arrested Santiago Fuentes, the founder and operator of a BTC trading firm alleged to have scammed 120,000 users.
DeFi project Harvest exploited for over $24 million
The DeFi protocol Harvest ($FARM) has been exploited for over $24 million dollars; this is the latest DeFi attack to take place this year.
Russia requires officials to declare digital currency holdings from 2021
Russian government officials will now have to include their digital currency holdings when they report their annual income.
Kenyan central bank exploring CBDCs, digital currency regulation
The Central Bank of Kenya is in discussions with other central banks globally regarding the introduction of a central bank digital currency.
BSV Stories – Episode 3: A special report on Switzerland’s Crypto Valley
In this new episode of BSV Stories, CoinGeek’s Natalie Mason explores Zug, Switzerland—a small historic town that’s home to some of the world’s largest corporations.
Chinese consumers spend 8.8 million in digital yuan trial
Equivalent to around $1.3 million in spend, Shenzhen residents reportedly turn to the as-yet-unreleased digital currency for payments in a variety of everyday settings.
Brazil readies state-backed digital bank for IPO
Brazil’s federal government is reportedly in advanced stages of planning the initial offering of shares in the freshly created Caixa Econômica Federal.
Tether pulls support for Peter McCormack in Craig Wright libel case following discovery
Tether is pulling its support for Peter McCormack in Craig Wright’s libel suit, CoinGeek has learned.
Nigeria drafts blockchain and digital currency adoption roadmap
The roadmap breaks down how blockchain has changed the trust paradigm, its adoption in Nigeria so far, how the government intends on applying it and how it integrates with other emerging technologies.
New Zealand central bank chief says ‘no plans’ for CBDC
There are currently no imminent plans to launch a central bank digital currency in New Zealand, according to a Reserve Bank of New Zealand senior executive.
Philippines central bank says no imminent digital currency
The Bangko Sentral ng Pilipinas said significantly more research was required before it would champion a digital peso.
It’s Satoshi Nakamoto’s birthday!
Today Satoshi Nakamoto, whose government name is Craig Steven Wright, turns 50 years old—half a century! Beyond the birthday, the birth and evolution of Bitcoin over the years is just as impressive.