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Business

US: Reginald Fowler faces 7 years in prison over crypto shadow banking activities
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20 April, 2023

US: Reginald Fowler faces 7 years in prison over crypto shadow banking activities

Reginald Fowler, who ran Crypto Capital Corp, is to be sentenced on April 20 and the DOJ is pushing for...
US stablecoin bills might someday pass, but not this one
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20 April, 2023

US stablecoin bills might someday pass, but not this one

Stablecoins were front and center in the House of Representatives' Financial Services Committee hearing last Wednesday, and some of the...
Bank of England braces for widespread use of tokenization
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20 April, 2023

Bank of England braces for widespread use of tokenization

Acknowledging the rising popularity and adoption of tokenization, BoE's John Cunliffe says the central bank is looking into the possibility...
IMF: CBDC will solve Jordan’s cross-border challenges
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20 April, 2023

IMF: CBDC will solve Jordan’s cross-border challenges

Launching a CBDC would open a pathway for Jordan to improve its domestic payment systems, but the IMF warned that...
State-owned Chinese banks offer financial services to Hong Kong digital asset firms
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20 April, 2023

State-owned Chinese banks offer financial services to Hong Kong digital asset firms

With China's current digital asset regulation, service providers are now looking at Hong Kong to offer their services as the...
German banks begin deposit tokens trials with plans for multi-currency expansion
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20 April, 2023

German banks begin deposit tokens trials with plans for multi-currency expansion

In an effort to build an intuitive payments ecosystem, Germany's four major banks embarked on a study that would see...
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