Business

Pakistan banks to develop blockchain-based eKYC platform
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10 March, 2023

Pakistan banks to develop blockchain-based eKYC platform

eKYC platform Consonance will rely on blockchain to provide banks and financial institutions with a standardized framework to carry out...
Iran moves ahead with CBDC development after completing pre-pilot phase
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10 March, 2023

Iran moves ahead with CBDC development after completing pre-pilot phase

The Central Bank of Iran revealed that the pre-pilot phase skimmed through legal, regulatory, and technological implications for an Iranian...
‘Blockchain needs IPv6’ in the interconnected world
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9 March, 2023

‘Blockchain needs IPv6’ in the interconnected world

Presenters at the IEEE event in Morocco this week shed light on the power of IPv6 and how, when fused...
BIS wraps up cross-border retail CBDC ‘Project Icebreaker’
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9 March, 2023

BIS wraps up cross-border retail CBDC ‘Project Icebreaker’

The Bank for International Settlements’ "Project Icebreaker" project delved into the benefits and risks of launching retail central bank digital...
Singapore opens new investigation against Do Kwon’s Terraform Labs
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9 March, 2023

Singapore opens new investigation against Do Kwon’s Terraform Labs

Law enforcement authorities in Singapore are probing Terraform Labs for evidence of fraudulent activity or complicity in the de-pegging of...
CoinFLEX restructure approved by Seychelles court; Roger Ver nowhere to be seen
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9 March, 2023

CoinFLEX restructure approved by Seychelles court; Roger Ver nowhere to be seen

Under the plan, which was proposed in September 2022, CoinFLEX creditors will own 65% of the company, while Series A...
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