Business

Reserve Bank of Zimbabwe introduces gold-backed digital token ZiG
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15 October, 2023

Reserve Bank of Zimbabwe introduces gold-backed digital token ZiG

The Reserve Bank of Zimbabwe (RBZ) introduces Zimbabwe Gold (ZiG), a gold-backed digital token, as legal tender for retail use.
eNaira doesn’t threaten financial stability: Nigeria’s central bank
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14 October, 2023

eNaira doesn’t threaten financial stability: Nigeria’s central bank

The Central Bank of Nigeria says that a paper it published two weeks ago has been misrepresented by news outlets...
Digital yuan enhances new cross-border functionality for Hong Kong
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14 October, 2023

Digital yuan enhances new cross-border functionality for Hong Kong

China boosts CBDC for tourist adoption focusing on Hong Kong residents, new features enable seamless Faster Payment System top-ups, advancing...
DeFi Trader Joe hit with fresh lawsuit in trademark dispute
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13 October, 2023

DeFi Trader Joe hit with fresh lawsuit in trademark dispute

Trader Joe's sues DeFi Trader Joe over trademark violations and a brand confusion strategy, linked to a digital currency trademark...
UK: Snapchat warned over privacy risks with AI chatbot
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13 October, 2023

UK: Snapchat warned over privacy risks with AI chatbot

In response to the warning from the U.K. watchdog, Snapchat said that its AI offering was subjected to multiple legal...
US senators urge IRS, Treasury to implement digital asset tax rules
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13 October, 2023

US senators urge IRS, Treasury to implement digital asset tax rules

A letter from U.S. lawmakers called out the Treasury Department and the IRS for their delay in enforcing digital asset...
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