Business

LocalBitcoins: P2P BTC marketplace shutting down, blames ‘very cold crypto-winter’
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13 February, 2023

LocalBitcoins: P2P BTC marketplace shutting down, blames ‘very cold crypto-winter’

LocalBitcoins was one of the pioneers of P2P digital asset trading and introduced many to the industry, but it chose...
SEC plans to sue Paxos over Binance USD stablecoin, stay tuned
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13 February, 2023

SEC plans to sue Paxos over Binance USD stablecoin, stay tuned

The SEC has sent a "Wells notice" to Paxos Trust over its use of BUSD; although Paxos' BUSD is "approved...
Pax BitCoinica—A new era of data peace and security by George Siosi Samuels
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13 February, 2023

Pax BitCoinica—A new era of data peace and security by George Siosi Samuels

Predicting the future of the digital currency space, George Siosi Samuels wrote about the era of ‘Pax BitCoinica’—an era of...
Indonesia’s central bank unveils wholesale CBDC consultation process
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13 February, 2023

Indonesia’s central bank unveils wholesale CBDC consultation process

Project Garuda's second phase will explore CBDC usage in the tokenization and settlement of securities transactions.
India in ‘no hurry’ for CBDC development despite notching huge milestones
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12 February, 2023

India in ‘no hurry’ for CBDC development despite notching huge milestones

India’s digital rupee pilot already had over 50,000 users and 5,000 merchants, but despite the impressive numbers, the Reserve Bank...
BIS developing new tool to monitor stablecoin balance sheets
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12 February, 2023

BIS developing new tool to monitor stablecoin balance sheets

Under Project Pyxtrial, the Bank for International Settlements is developing a tool for central banks to monitor stablecoins in a...
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