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Business

Russia Finance Ministry: Local businesses to decide on digital asset use on international payments
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22 September, 2022

Russia Finance Ministry: Local businesses to decide on digital asset use on international payments

Instead of regulatory control, Russia will work on promoting virtual currencies while local businesses determine what 'cryptos' to be used...
FTX gets spanked by UK watchdog, Alameda to repay Voyager debt
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21 September, 2022

FTX gets spanked by UK watchdog, Alameda to repay Voyager debt

The U.K.’s Financial Conduct Authority (FCA) has warned consumers that FTX is operating in the U.K. without local permission, putting...
South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens
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21 September, 2022

South Korean prosecutors chasing Do Kwon, while exchanges still trade his tokens

South Korean authorities issued an Interpol red notice against Kwon last week concerning the failed DeFi project, claiming he had...
European Central Bank recruits Amazon, 4 other firms to test digital euro
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21 September, 2022

European Central Bank recruits Amazon, 4 other firms to test digital euro

Five fintech firms were selected for a special collaboration with the European Central Bank, which will see them test the...
US Justice Department unveils new network to tackle digital asset crime
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21 September, 2022

US Justice Department unveils new network to tackle digital asset crime

A network designed to boost cybersecurity has been set up as the digital asset industry grapples with rising rate of...
US agencies answer Biden’s call for digital currency regulations
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20 September, 2022

US agencies answer Biden’s call for digital currency regulations

Neither the DCCPA nor its rival, the Responsible Financial Innovation Act, are expected to receive Senate floor votes before Congress...
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