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Business

India: Reliance Retail to accept CBDC payments soon—here’s all you need to know
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8 February, 2023

India: Reliance Retail to accept CBDC payments soon—here’s all you need to know

V Subramaniam, Director of Reliance Retail, said that accepting digital currency at their stores aligns "with the company's strategic vision...
Indonesia national digital asset exchange rollout expected in June 2023
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8 February, 2023

Indonesia national digital asset exchange rollout expected in June 2023

Indonesia had previously earmarked December 2022 as the launch date of the national exchange, but several undisclosed reasons forced regulators...
China’s Communist Party sets ambitious goals for the digital yuan in 2023
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8 February, 2023

China’s Communist Party sets ambitious goals for the digital yuan in 2023

Officials of the Chinese Communist Party (CCP) in Suzhou are eyeing a massive usage spike of the digital yuan in...
Philippines: SEC teams up with UP Law Center to research digital currency, fintech regulation
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8 February, 2023

Philippines: SEC teams up with UP Law Center to research digital currency, fintech regulation

Kelvin Lester Lee, a commissioner with the SEC, noted that the partnership was born out of the securities watchdog’s need...
Meta wins court battle with FTC over the acquisition of VR platform Within Unlimited: report
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7 February, 2023

Meta wins court battle with FTC over the acquisition of VR platform Within Unlimited: report

A California judge denied the FTC's injunction request, arguing that Meta would dominate the VR industry by acquiring the VR...
Digital Currency Group’s Genesis bankrupt lending platform seals creditor deal
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7 February, 2023

Digital Currency Group’s Genesis bankrupt lending platform seals creditor deal

Winklevoss twins announced that Gemini had "reached an agreement in principle" with Genesis Global Capital, DCG, "and other creditors on...
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