Business

Embattled BTC miner Core Scientific files bankruptcy reorganization plan
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24 June, 2023

Embattled BTC miner Core Scientific files bankruptcy reorganization plan

Core Scientific filed for Chapter 11 bankruptcy protection in December, and in its new plan, it pledges to satisfy all...
Beware of fake regulators listed by digital asset firms, Canadian regulator warns
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24 June, 2023

Beware of fake regulators listed by digital asset firms, Canadian regulator warns

The Canadian Securities Administrators says digital asset firms are listing fake regulators to gain credibility and called on investors to...
Mastercard applies for new blockchain tools trademarks
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24 June, 2023

Mastercard applies for new blockchain tools trademarks

Intellectual property lawyer Michael Kondoudis revealed that Mastercard’s latest filing focuses on providing VASPs with downloadable application programming interfaces (APIs)...
Second iteration of cross-border CBDC pilot between China, Hong Kong falters
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24 June, 2023

Second iteration of cross-border CBDC pilot between China, Hong Kong falters

The CBDC pilot initiative hit a road bump following several user complaints, including the limited number of merchants accepting the...
US House to vote on digital asset bill giving CFTC greater power
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23 June, 2023

US House to vote on digital asset bill giving CFTC greater power

The bill will clip the SEC’s authority over digital assets, with the CFTC taking a more prominent role, including jurisdiction...
Bipartisan US bill seeks to introduce a national AI commission
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23 June, 2023

Bipartisan US bill seeks to introduce a national AI commission

The goal of the commission is to review the current approach to AI regulation in the United States, make recommendations...
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