Business

Blockchain growth in India to rise by 46% in the coming years, finance minister says
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25 September, 2022

Blockchain growth in India to rise by 46% in the coming years, finance minister says

Amid its tumultuous ties with digital assets, India is positive that the public and private sectors will embrace the use...
Indonesia wants indigenous directors in digital asset firms as regulators turn up the heat
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25 September, 2022

Indonesia wants indigenous directors in digital asset firms as regulators turn up the heat

To uphold accountability, Indonesia is looking to appoint natives as directors of digital asset exchange firms, ensuring stakeholders of rapid...
Brazil court orders ‘Bitcoin Pharaoh’ to return $3.7B to Ponzi scheme victims
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24 September, 2022

Brazil court orders ‘Bitcoin Pharaoh’ to return $3.7B to Ponzi scheme victims

A rags to riches man was embroiled in an alleged Ponzi scheme, with investors accusing him of ripping them off...
China expands CBDC testing to 4 new provinces as adoption rates skyrocket
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24 September, 2022

China expands CBDC testing to 4 new provinces as adoption rates skyrocket

China is embracing the adoption of its digital yuan, as seen in the record-breaking number of citizens piloting the CBDC,...
New US bill seeks to ban UST-like algorithmic stablecoins for 2 years
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24 September, 2022

New US bill seeks to ban UST-like algorithmic stablecoins for 2 years

The bill has undergone several amendments, and the latest would protect Americans from a Terra-like collapse by banning "endogenously collateralized"...
US looks to beef up Russia sanctions via crypto mixer crackdown
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23 September, 2022

US looks to beef up Russia sanctions via crypto mixer crackdown

The U.S. Senate Committee on Banking, Housing and Urban Affairs held a hearing on tightening rules on Russia, with chair...
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