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Business

Binance commingled customer cash, corporate revenue, Reuters says
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24 May, 2023

Binance commingled customer cash, corporate revenue, Reuters says

In its latest report, Reuters claims that Binance violated U.S. financial rules regarding the strict church-state separation of customer funds...
Metamask reserves right to withhold taxes—What’s going on?
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24 May, 2023

Metamask reserves right to withhold taxes—What’s going on?

ConsenSys, the company behind Metamask, clarified that it did not mean it would withhold taxes on digital currency transactions as...
Reducing greenwashing with Proof of ESG via blockchain
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24 May, 2023

Reducing greenwashing with Proof of ESG via blockchain

Blockchain is said to be key to providing solutions to various global issues, including achieving sustainability, which Proof of ESG's...
Logistic firms in India are pivoting on drones, cloud, IoT, blockchain: report
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24 May, 2023

Logistic firms in India are pivoting on drones, cloud, IoT, blockchain: report

India was identified in the HERE Technologies report as a country leveraging blockchain, drones, cloud technology, and the Internet of...
Hong Kong taps HSBC, Visa firms for CBDC trials
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24 May, 2023

Hong Kong taps HSBC, Visa firms for CBDC trials

The Hong Kong Monetary Authority’s pilot will explore six categories of use cases, including offline payments, tokenized deposits, and settlement...
South Korea: Lawmakers propose law for public officials to disclose digital asset holdings
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24 May, 2023

South Korea: Lawmakers propose law for public officials to disclose digital asset holdings

By including digital currencies as part of the reporting requirements, South Korean lawmakers hope to reduce the illegal acquisition of...
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