News

UK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls
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26 July, 2024

UK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls

The FCA fined a £3.5 million (US$4.5 million) penalty on Coinbase's CB Payments Limited for "repeatedly breaching a requirement that...
India in need of simplifying user verification process to bolster digital payments
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26 July, 2024

India in need of simplifying user verification process to bolster digital payments

While India has witnessed a surge in digital payments, the country’s KYC procedure continues to be cumbersome, especially for the...
Block Dojo Philippines cohort 2 looks at real-world issues that could be solved with blockchain
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26 July, 2024

Block Dojo Philippines cohort 2 looks at real-world issues that could be solved with blockchain

Johannes Cortez, Clarice Cabanlit, and Jynon Mapa joined Block Dojo Philippines' three-month venture building program to show how blockchain can...
Russia cautiously warms up to digital asset payments as Putin warns of power disruptions
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26 July, 2024

Russia cautiously warms up to digital asset payments as Putin warns of power disruptions

Russia’s AML chief called on the government to accelerate the development of digital asset payment infrastructure in international payments amid...
Japan’s DeCurret starts production testing for DCJPY tokenized deposit platform
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26 July, 2024

Japan’s DeCurret starts production testing for DCJPY tokenized deposit platform

DeCurret announced DCJPY in October 2023, with the Internet Initiative Japan set to use tokenized deposits to pay for renewable...
Nvidia set to launch new AI chip for Chinese market amid trade embargo: sources
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26 July, 2024

Nvidia set to launch new AI chip for Chinese market amid trade embargo: sources

Trade restrictions won't keep Nvidia from continuing its partnership with China, with sources claiming the tech giant is preparing a...
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