Business

Bank of Russia to pilot digital ruble with real transactions in April
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24 February, 2023

Bank of Russia to pilot digital ruble with real transactions in April

For the first time, Russia will move ahead with its central bank digital currency pilot program involving 13 banks and...
Huobi plans to expand into Hong Kong after laying off 20% of its staff
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24 February, 2023

Huobi plans to expand into Hong Kong after laying off 20% of its staff

The job cuts at the start of 2022 are not stopping Huobi from expanding into other markets, as it bares...
New York DFS boosts digital currency monitoring capabilities to crack down on bad actors
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23 February, 2023

New York DFS boosts digital currency monitoring capabilities to crack down on bad actors

To avoid the recurrence of implosions recorded in 2022, New York is keeping close tabs on the digital asset sector...
SEC joins chorus of opposition to Binance.US $1 billion Voyager deal
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23 February, 2023

SEC joins chorus of opposition to Binance.US $1 billion Voyager deal

In a flurry of court filings, New York and federal finance regulators lodged multiple objections to the proposed billion-dollar deal,...
BSV’s low transaction fees make it enterprises’ only blockchain option
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23 February, 2023

BSV’s low transaction fees make it enterprises’ only blockchain option

Apart from its cost-effective system, BSV's boundless capacity is ideal for governments developing their CBDCs as it seeks to continue...
Paxos stops minting BUSD—is Binance stablecoin finished?
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23 February, 2023

Paxos stops minting BUSD—is Binance stablecoin finished?

Paxos CEO Charles Cascarilla said that the decision was not linked to the NYDFS order, clarifying that "The market has...
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