Business

Australia revokes FTX subsidiary’s license
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21 July, 2023

Australia revokes FTX subsidiary’s license

Nine months after it imploded, ASIC revoked the FTX Australia license but will allow it to offer limited services for...
EU’s Web 4.0 plans can build on Web 3.0’s blockchain successes
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21 July, 2023

EU’s Web 4.0 plans can build on Web 3.0’s blockchain successes

The European Commission is throwing its hat into the ring to become “a world leader in Web 4.0 and virtual...
Digital asset regulation is incomplete, CFTC commissioner says
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21 July, 2023

Digital asset regulation is incomplete, CFTC commissioner says

Commissioner Kristin Johnson praises the CFTC's efforts to regulate the digital asset sector but stopped short by saying that current...
India’s HDFC bank onboards 100,000 users for digital rupee pilot
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21 July, 2023

India’s HDFC bank onboards 100,000 users for digital rupee pilot

HDFC, India's largest private sector bank, has also onboarded 170,000 merchants as India seeks to hit a million daily transactions...
Indonesia launching national digital currency exchange in July: report
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21 July, 2023

Indonesia launching national digital currency exchange in July: report

Once Indonesia's national exchange goes live, all digital currency transactions must be processed through the exchange, according to Bappebti Chief...
Companies that fail to integrate AI will suffer, but it will be one giant bubble: AI exec
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21 July, 2023

Companies that fail to integrate AI will suffer, but it will be one giant bubble: AI exec

Emad Mostaque, CEO of Stability AI, has likened the rapid growth of AI to the “dotcom bubble” of the late...
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