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