News

US bankers urge action over GENIUS Act loopholes
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14 August, 2025

US bankers urge action over GENIUS Act loopholes

The American Bankers Association and 50 U.S. states, plus Puerto Rico and D.C., have written to the Senate urging them...
EU irked by US dollar stablecoins, China stifles stable talk
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14 August, 2025

EU irked by US dollar stablecoins, China stifles stable talk

Dollar-backed stablecoins are weakening the EU’s control over the euro, while China’s offshore yuan token hopes to grow its currency...
Terraform founder Do Kwon pleads guilty to two fraud charges
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14 August, 2025

Terraform founder Do Kwon pleads guilty to two fraud charges

Reports reveal that Do Kwon pleaded guilty and waived his right to trial on two of the nine charges he...
The Philippines could unlock ₱1.8 trillion with AI
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14 August, 2025

The Philippines could unlock ₱1.8 trillion with AI

At Google's recent event, research with Public First was unveiled, claiming AI could add between ₱1.3T ($22B) and ₱1.8T ($31B)...
Vietnam logs 12B transactions; Turkmenistan upgrades customs
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14 August, 2025

Vietnam logs 12B transactions; Turkmenistan upgrades customs

Vietnam’s per capita cashless payments hit $11.3 trillion (26x the country’s GDP) and are now only second to China as...
China warns against Worldcoin’s iris-scanning
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14 August, 2025

China warns against Worldcoin’s iris-scanning

The Ministry of State Security says that companies scanning irises and collecting other biometric data with ‘crypto’ incentives pose a...