Business

BIS: DeFi could shape the future of finance, but it’s too complex
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27 January, 2023

BIS: DeFi could shape the future of finance, but it’s too complex

In a new working paper, the Bank for International Settlements took a deep dive into the technical side of DeFi,...
South Africa to stamp out unethical digital asset ads with new advertising rules
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27 January, 2023

South Africa to stamp out unethical digital asset ads with new advertising rules

South Africa’s ads watchdog worked with industry stakeholders to develop the new clause which requires VASPs to tell users they...
Digital Currency Group-owned exchange Luno axes 35% of staff
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27 January, 2023

Digital Currency Group-owned exchange Luno axes 35% of staff

It's estimated that the firm will cut 330 jobs, mostly in its marketing department, giving some insight into how industry...
Australia’s Stephen Jones: There are ‘good arguments’ to regulate digital assets as financial products
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27 January, 2023

Australia’s Stephen Jones: There are ‘good arguments’ to regulate digital assets as financial products

Australia’s financial services minister is firmly against creating a new regulatory regime for the entire asset class when a proper...
Arizona seeks to exempt crypto from property taxation
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27 January, 2023

Arizona seeks to exempt crypto from property taxation

If the bill sails through the legislative hurdles, Arizona residents could cast their votes for or against the application of...
FBI links Lazarus Group to Harmony’s $100M bridge attack
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26 January, 2023

FBI links Lazarus Group to Harmony’s $100M bridge attack

The FBI investigated the attacks for over six months with help from the National Cryptocurrency Enforcement Team, the U.S. Attorney’s...
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