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Business

India central bank tests e-rupee to stifle digital assets effects
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12 October, 2022

India central bank tests e-rupee to stifle digital assets effects

One of the reasons the RBI explores the possibilities of a CBDC is its potential to improve cross-border payments while...
US, Brazilian law enforcement agencies bust international digital asset fraud ring
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12 October, 2022

US, Brazilian law enforcement agencies bust international digital asset fraud ring

With help from their U.S. counterpart, Brazilian authorities busted a fraud ring allegedly behind transnational financial fraud schemes that prey...
South Korea’s financial watchdog declares support for digital assets amid crackdowns
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12 October, 2022

South Korea’s financial watchdog declares support for digital assets amid crackdowns

It appears that the FSC is making a U-turn and has announced that it will promote the use of digital...
Huobi to be acquired by Hong Kong investment firm, plans international business expansion
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11 October, 2022

Huobi to be acquired by Hong Kong investment firm, plans international business expansion

Details of the deal's valuation were not made public, but there is speculation that the amount would be below market...
Binance security issues make it too risky for Philippines market, think tank says
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11 October, 2022

Binance security issues make it too risky for Philippines market, think tank says

A back-door entry for Binance in the Philippines may now be in limbo following the BNB Chain hack last week,...
Bank of Canada identifies key archetypes for uniform development of retail CBDC
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11 October, 2022

Bank of Canada identifies key archetypes for uniform development of retail CBDC

The Bank of Canada argues the need to consider a central bank digital currency design that combines aspects of multiple...