Business

US FDIC signals increased scrutiny for digital asset companies
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12 April, 2022

US FDIC signals increased scrutiny for digital asset companies

In the letter released last week, the agency instructs those institutions falling within the FDIC remit to notify the agency...
Zuck Bucks: Meta attempts Diem 2.0?
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12 April, 2022

Zuck Bucks: Meta attempts Diem 2.0?

Meta is allegedly hoping to launch virtual coins to be used on the platform. The move comes after the firm...
China doubles digital yuan pilots as it targets upcoming Asian Games
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12 April, 2022

China doubles digital yuan pilots as it targets upcoming Asian Games

China’s central bank plans to expand the pilot to Xiamen, Fuzhou, Tianjin, and cities in Zhejiang province, which will be...
Nayib Bukele’s BTC boondoggle: El Salvador experiment an epic fail
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11 April, 2022

Nayib Bukele’s BTC boondoggle: El Salvador experiment an epic fail

El Salvador’s president couldn’t make this year’s big BTC party in Miami because he’s (a) too busy suppressing free speech...
Coinbase suspends support for UPI payments in India amid regulatory heat
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11 April, 2022

Coinbase suspends support for UPI payments in India amid regulatory heat

The U.S.-based exchange announced that it has temporarily disabled buying digital currencies via Unified Payments Interface (UPI) less than four...
Ira Kleiman appeals defeat in Kleiman v Wright
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11 April, 2022

Ira Kleiman appeals defeat in Kleiman v Wright

Lawyers representing Ira Kleiman in Kleiman v Wright have notified the Florida District Court that they are appealing December’s verdict...
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