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Business

Binance issues cease and desist letter to ‘scam’ Nigerian entity
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20 June, 2023

Binance issues cease and desist letter to ‘scam’ Nigerian entity

Binance Nigeria was ordered to halt operations for operating an unregistered exchange by the country’s securities regulator, but CZ now...
Generative AI to add $4.4 trillion annually to global economy: study
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20 June, 2023

Generative AI to add $4.4 trillion annually to global economy: study

Generative artificial intelligence (AI) will automate 50% of the work done today by 2045, but it’s those with higher-wage knowledge...
EU goes big on blockchain with new European Digital Infrastructure Consortium
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20 June, 2023

EU goes big on blockchain with new European Digital Infrastructure Consortium

The newly minted EDIC seeks to harness the power of blockchain to move EU's "digital decade" forward, with plans to...
Hong Kong wants HSBC, Standard Chartered to accept digital asset clients
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20 June, 2023

Hong Kong wants HSBC, Standard Chartered to accept digital asset clients

To become the global ‘crypto’ hub, Hong Kong is pushing the three largest banks in the city-state—along with Bank of...
Terraform Labs founder Do Kwon returns to custody in Montenegro for extradition proceedings: report
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20 June, 2023

Terraform Labs founder Do Kwon returns to custody in Montenegro for extradition proceedings: report

Apart from the extradition battle and falsification charges, Do Kwon is set to be questioned by the Special State Prosecutor’s...
OKX receives ‘preparatory’ license from Dubai’s VARA after Canada exit
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19 June, 2023

OKX receives ‘preparatory’ license from Dubai’s VARA after Canada exit

The Dubai Virtual Assets Regulatory Authority license lays the foundation for OKX to obtain a full-scale license in the coming...
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