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Business

291 applied, 38 approved: UK FCA reveals low digital asset firm registration numbers
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17 August, 2023

291 applied, 38 approved: UK FCA reveals low digital asset firm registration numbers

The U.K.’s FCA revealed that since January 10, 2020, 291 digital asset firms have applied for registration under the 5th...
Reserve Bank of India proposes AI-powered conversational instant payments
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17 August, 2023

Reserve Bank of India proposes AI-powered conversational instant payments

Indians will be able to verbally instruct an AI-boosted UPI payments interface to make instant payments for them, in Hindi...
Apple wins court battle to retain 30% App Store tax that deters NFTs
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16 August, 2023

Apple wins court battle to retain 30% App Store tax that deters NFTs

The 30% Apple Store tax was ruled unlawful by a lower U.S. court in Apple’s legal fight with Epic Games,...
Digital assets pose ‘novel and complex risks’ to US banking system, FDIC says
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16 August, 2023

Digital assets pose ‘novel and complex risks’ to US banking system, FDIC says

The FDIC’s annual Risk Review for 2023 is the first to be published since the banking chaos of March 2023,...
Binance files for protective order against US securities regulator
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16 August, 2023

Binance files for protective order against US securities regulator

Despite the SEC's lengthy list of charges against Binance, BAM Trading argued that the regulator has yet to find solid...
Prime Trust files for bankruptcy, FDIC keeping eye on ‘crypto’
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16 August, 2023

Prime Trust files for bankruptcy, FDIC keeping eye on ‘crypto’

After being forced into receivership, Prime Trust has filed for bankruptcy and seeks protection covering its parent company Prime Core...
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