Business

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...
SEC settles with Sparkster ICO project for $35M, digital asset influencer charged
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23 September, 2022

SEC settles with Sparkster ICO project for $35M, digital asset influencer charged

Sparkster sold millions of SPRK tokens back in 2018 and raised $30 million, with influencer Ian Balina purchasing millions of...
Do digital assets play a role in illicit finance? US Treasury asks for public feedback
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23 September, 2022

Do digital assets play a role in illicit finance? US Treasury asks for public feedback

Treasury published a “request for comment” this week following Joe Biden’s executive order and wants to know if it has...
Meta faces stern test in Australia over ‘strange and unfortunate’ tactics in lawsuit
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23 September, 2022

Meta faces stern test in Australia over ‘strange and unfortunate’ tactics in lawsuit

Meta pleads the court to allow documents alleging it profited off 'crypto' investment ads that turned out to be scams...