Business

Uruguay central bank summons Binance over ‘crypto savings products’ offerings
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9 August, 2022

Uruguay central bank summons Binance over ‘crypto savings products’ offerings

Uruguay central bank is the latest authority to go after Binance, accusing the exchange of offering savings products that can...
Chinese municipal bank issues first digital yuan loan holding IP as collateral
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9 August, 2022

Chinese municipal bank issues first digital yuan loan holding IP as collateral

The Rural Commerce Bank of Zhangjiagang, located in China's Suzhou province, has issued the first-ever digital yuan loan backed by...
Australia: Victoria state to expand police powers cracking down on digital assets-related crimes
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9 August, 2022

Australia: Victoria state to expand police powers cracking down on digital assets-related crimes

Among the powers the bill will introduce include the ability for law enforcement to compel digital assets firms to turn...
Robinhood lays off quarter of its workforce amid 75% dip in digital currency revenue
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8 August, 2022

Robinhood lays off quarter of its workforce amid 75% dip in digital currency revenue

CEO Vlad Tenev took the blame for the layoffs, saying the company projected the high interest in its platform during...
Digital assets are subject to property laws
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8 August, 2022

Digital assets are subject to property laws

The purpose of developing a technological and economic system like Bitcoin is not to separate from the law nor to...
Coinbase product manager pleads not guilty in insider trading scandal
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8 August, 2022

Coinbase product manager pleads not guilty in insider trading scandal

Ishan Wahi is alleged to have shared with his brother and a friend tokens that were to be listed on...