Business

Australia pilots offline CBDC, but challenges hinder real-world deployment
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25 October, 2023

Australia pilots offline CBDC, but challenges hinder real-world deployment

Australia's central bank digital currency pilot achieves offline payments, but mass adoption faces hurdles due to card reluctance in emergencies.
Canada’s central bank explores DeFi, highlighting technical and regulatory hurdles
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24 October, 2023

Canada’s central bank explores DeFi, highlighting technical and regulatory hurdles

Bank of Canada highlighted several flaws associated with DeFi use, including limited tokenization, unregulated centralized entities, and increased interconnectedness in...
Pension funds on AI? New report suggests potential increased returns for investors
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24 October, 2023

Pension funds on AI? New report suggests potential increased returns for investors

Mercer CFA Institute report explores artificial intelligence's role in pension fund efficiency, risk management, and workforce impact.
SEC wins default judgment against Thor Technologies, founder David Chin
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24 October, 2023

SEC wins default judgment against Thor Technologies, founder David Chin

The SEC scoring a win on its default judgment meant that Thor and David Chin are restrained from participating in...
Binance won’t identify new EUR payment partners, loses more senior execs
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24 October, 2023

Binance won’t identify new EUR payment partners, loses more senior execs

Binance's integrity is gradually disintegrating, as seen in its unwillingness to comply with financial regulations, which include being transparent about...
US Treasury cracks down on coin mixing
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24 October, 2023

US Treasury cracks down on coin mixing

The move was announced by the Financial Crimes Enforcement Network, identifying coin mixing operations as “a class of transactions of...
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