Business

SEC has 120 days to respond to Coinbase request for regulatory guidance, rulemaking
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23 June, 2023

SEC has 120 days to respond to Coinbase request for regulatory guidance, rulemaking

The U.S. securities regulator has until October 11, 2023, to respond to Coinbase's petition on proposed crypto-specific rules before the...
IMF proposes single ledger cross-border payment platform using blockchain
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23 June, 2023

IMF proposes single ledger cross-border payment platform using blockchain

Aside from the settlement layer, the CBDC platform dubbed XC platform comprises a programming layer designed to allow participants to...
Same risk, same regulation: France’s AMF calls for tougher DeFi oversight
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23 June, 2023

Same risk, same regulation: France’s AMF calls for tougher DeFi oversight

DeFi can’t be ignored anymore, and authorities must regulate the sector to protect against risks such as money laundering and...
ADB wraps up proof-of-concept for cross-border bond settlement using blockchain
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23 June, 2023

ADB wraps up proof-of-concept for cross-border bond settlement using blockchain

Project Tridecagon, an initiative launched by the Asian Development Bank and the ASEAN+3, seeks to expand the DvP system to...
Hong Kong’s Cyberport onboards over 150 Web3 firms in 12 months
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23 June, 2023

Hong Kong’s Cyberport onboards over 150 Web3 firms in 12 months

Apart from its welcoming stance on digital currencies, Web3 startups looking to set up tents in Hong Kong also consider...
Wyre is the next digital currency company to shut down
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22 June, 2023

Wyre is the next digital currency company to shut down

Withdrawals in Wyre will be available until July 14, after which there will be a recovery process for the digital...
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