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Business

Jack Dorsey’s Block ‘facilitates fraud, misleads investors’—Hindenburg report
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24 March, 2023

Jack Dorsey’s Block ‘facilitates fraud, misleads investors’—Hindenburg report

On March 23, Hindenburg Research issued a lengthy report on how "inflated user metrics and 'frictionless' fraud facilitation enabled [Block]...
Belgian FSMA to get wider powers to police digital currency industry
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24 March, 2023

Belgian FSMA to get wider powers to police digital currency industry

Under the incoming regulation, the Belgian FSMA will impose tighter restrictions on digital currency advertisements in the country.
IMF warns on risks posed by CBDCs on Islamic banking systems
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24 March, 2023

IMF warns on risks posed by CBDCs on Islamic banking systems

The IMF released a paper tackling the issues of the monetary policy implication of a CBDC for countries practicing Sharia...
Monetary Authority of Singapore to publish feedback on digital currency and stablecoin consultation in Q2
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24 March, 2023

Monetary Authority of Singapore to publish feedback on digital currency and stablecoin consultation in Q2

The consultation papers dealt solely with proposals designed to protect investors from the risks associated with dabbling in digital currencies...
Italian banks support digital euro, but express concern over bank disintermediation
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24 March, 2023

Italian banks support digital euro, but express concern over bank disintermediation

The Italian Banking Association wants a programable digital euro—which the European Central Bank is against—as long as it complements existing...
‘Bitcoin economy is welcome in Texas,’ new proposal states
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23 March, 2023

‘Bitcoin economy is welcome in Texas,’ new proposal states

State Rep. Cody Harris wants Texas lawmakers to pledge to welcome miners and investors in the state and to protect...
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