Business

Bank of Canada experiments with offline CBDC payments
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4 March, 2023

Bank of Canada experiments with offline CBDC payments

Bank of Canada claims that an offline central bank digital currency will allow users to transfer digital Canadian dollars without...
India’s insurance sector eyes blockchain tech to drive innovation
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4 March, 2023

India’s insurance sector eyes blockchain tech to drive innovation

By utilizing blockchain technology, India's insurance sector is expected to develop self-service options and improve insurance firms' ability to process...
Philippines SEC issues 2 new public advisories against firms offering unregistered securities
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4 March, 2023

Philippines SEC issues 2 new public advisories against firms offering unregistered securities

Digital asset firms offering unregistered securities remain rampant in the Philippines, forcing the securities watchdog to release another wave of...
Hodlnaut founders propose selling the lender rather than liquidating it: report
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4 March, 2023

Hodlnaut founders propose selling the lender rather than liquidating it: report

Hodlnaut founders Simon Lee and Zhu Juntao say they have been reaching out to potential investors in search of a...
Ohio joins the $22.5 million nationwide settlement against Nexo
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4 March, 2023

Ohio joins the $22.5 million nationwide settlement against Nexo

Digital asset lender Nexo settled with U.S. states and the SEC in January, agreed to fork out $45 million, and...
Puerto Rico upholds 4% tax incentive for digital currency-related activities
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3 March, 2023

Puerto Rico upholds 4% tax incentive for digital currency-related activities

While it would likely take more than a tax cut to become a leading digital asset player in the Caribbean,...
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