Finance
EU is set make its blockchain public services official
The European Union is rapidly progressing in blockchain technology and combined with its AI Act and strong digital rights, it...
SEC Commissioner pitches US-UK digital asset ‘cross-border’ regulatory sandbox
Under the proposed sandbox, intended to foster innovation between the U.S. and the U.K., participating firms could conduct the same...
More details on Project Agorá—the plan to tokenize correspondent banking
The Bank for International Settlements is banking on its Project Agorá to address the declining number of correspondent banks worldwide...
PayPal Digital secures NYDFS trust charter
As a cautious approach, U.S. authorities mandate PayPal to prove USD deposits or similar cash equivalents back its PYUSD despite...
It’s the subsidy!
The Cabrini-Green and Soviet collective farming were reminders that initiatives, no matter how good their intentions, were doomed to fail...
Biden vetoes attempt to overturn controversial SEC bulletin on accounting standards for digital asset firms
Staff Accounting Bulletin 121, or SAB 121, is the policy guideline that outlined, for the first time, how virtual asset...
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