Business

HEX founder Richard Heart’s lawyers claim he promised nothing to nobody
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11 January, 2024

HEX founder Richard Heart’s lawyers claim he promised nothing to nobody

Looking to leverage the "major questions" doctrine, Richard Heart's legal team seek to file a motion to dismiss civil fraud...
India’s Web3 industry hopes for ‘level playing field,’ regulations, blockchain funds from Union Budget
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11 January, 2024

India’s Web3 industry hopes for ‘level playing field,’ regulations, blockchain funds from Union Budget

India's budget will be presented on February 1, and the Web3 industry hopes for better regulations for virtual digital assets...
BitLicense oversight criticized in New York comptroller’s report
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11 January, 2024

BitLicense oversight criticized in New York comptroller’s report

The 57-page report poked holes in the state Department of Financial Services’ management of BitLicense, including the lack of thoroughness...
Exchange-traded fund approval fails to light fire under utility-free BTC
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11 January, 2024

Exchange-traded fund approval fails to light fire under utility-free BTC

The U.S. securities regulator has approved BTC ETFs, including Grayscale and Bitwise, despite concerns, although market reaction tepid as fee...
Spanish central bank unveils partners for wholesale CBDC pilot
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11 January, 2024

Spanish central bank unveils partners for wholesale CBDC pilot

Acknowledging the potential of state-backed digital currencies, Spain pushes through with its initiative to develop its wholesale CBDC infrastructure and...
Honduras special economic zone grants BTC ‘unit of account’ status
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11 January, 2024

Honduras special economic zone grants BTC ‘unit of account’ status

Próspera ZEDE economic zone adopted BTC as legal tender in 2022 and now recognizes it as a unit of account,...
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