Business

HyperVerse scam founder Xue ‘Sam’ Lee hit with criminal, civil fraud charges
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31 January, 2024

HyperVerse scam founder Xue ‘Sam’ Lee hit with criminal, civil fraud charges

The charges against Xue 'Sam' Lee, accusing him of orchestrating the scheme that took $1.89 billion from its 'investors' between...
CFTC seeks feedback on AI use in compliance, warns against utilization of AI trading bots
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31 January, 2024

CFTC seeks feedback on AI use in compliance, warns against utilization of AI trading bots

The CFTC's call for comment on AI risks and how regulated entities might use the tech in their compliance efforts...
FSB published work program for 2024—digital currency oversight front and center
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31 January, 2024

FSB published work program for 2024—digital currency oversight front and center

The Financial Stability Board has released its 2024 work program and plans to take a closer look at tokenization, including...
Digital Pilipinas Festival 2023 looks into sustainability and finance
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31 January, 2024

Digital Pilipinas Festival 2023 looks into sustainability and finance

Six experts in finance and carbon credits gathered at the Digital Pilipinas Festival 2023 to discuss the solutions for coping...
Julius Baer, DIFC, Euroclear to launch digital asset inheritance solution
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31 January, 2024

Julius Baer, DIFC, Euroclear to launch digital asset inheritance solution

The inheritance solutions, which are to be developed by leveraging smart contracts, will be tailor-made for high-net-worth individuals but could...
BOE and UK Treasury praise potential of CBDCs, remain undecided on ‘digital pound’
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30 January, 2024

BOE and UK Treasury praise potential of CBDCs, remain undecided on ‘digital pound’

The Bank of England and the U.K. Treasury remain undecided about the necessity of a CBDC in the U.K. but...
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