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Business

Bank of Israel reveals plan for proposed stablecoin regulation, supervision
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28 February, 2023

Bank of Israel reveals plan for proposed stablecoin regulation, supervision

Israel's proposed legislations in regulating stablecoins include restricting algorithmic stablecoins and uncollateralized assets, as well as "borrowing" the EU's MiCA...
Global investigation uncovers digital currency crime syndicate targeting Australians
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28 February, 2023

Global investigation uncovers digital currency crime syndicate targeting Australians

A combined operation carried out by Serbian, Bulgarian, German, and Cypriot authorities unraveled the scheme's nature, which involved Israelis running...
EthereumMax: Kim Kardashian, Floyd Mayweather file motion to dismiss EMAX class action lawsuit
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28 February, 2023

EthereumMax: Kim Kardashian, Floyd Mayweather file motion to dismiss EMAX class action lawsuit

The celebrities, led by Kim Kardashian and Floyd Mayweather, argued that the class action lawsuit filed against them portrays the...
Polygon lays off 100 staff following internal consolidation process
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27 February, 2023

Polygon lays off 100 staff following internal consolidation process

Polygon claims it maintains a healthy cash reserve, stating that the move was an internal restructuring move designed to “crystallize”...
Dapper Labs lays off another 20% of staff
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27 February, 2023

Dapper Labs lays off another 20% of staff

Dapper Labs CEO Roham Gharegozlou announced the layoffs in an email to investors, just three months after the NBA Top...
Do not grant digital assets legal tender status, IMF says in new policy recommendations
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27 February, 2023

Do not grant digital assets legal tender status, IMF says in new policy recommendations

IMF has called on its members to develop a comprehensive and consistent framework to regulate digital assets, fearing they could...
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