News

BIS: Central banks must raise their game to keep pace with AI
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4 July, 2024

BIS: Central banks must raise their game to keep pace with AI

The Bank for International Settlements is urging central banks to keep up with rapid developments in artificial intelligence, which it...
Hawaii Digital Currency Innovation Lab scraps money transmitter license for digital asset firms
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4 July, 2024

Hawaii Digital Currency Innovation Lab scraps money transmitter license for digital asset firms

The state of Hawaii will no longer require a Hawaii-issued money transmitter license to conduct business, according to the results...
US Supreme Court’s decision to overturn Chevron a win for digital assets but a loss for legislation
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3 July, 2024

US Supreme Court’s decision to overturn Chevron a win for digital assets but a loss for legislation

Established by the Supreme Court in 1984, the Chevron doctrine meant that if Congress hadn't clearly addressed an issue in...
India’s retail CBDC usage drops amid growing UPI popularity
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3 July, 2024

India’s retail CBDC usage drops amid growing UPI popularity

With more locals utilizing UPI, India is struggling to promote its CBDCs, with both retail and wholesale CBDCs taking a...
SEC, California, Federal Reserve beat Silvergate Bank’s dead horse
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3 July, 2024

SEC, California, Federal Reserve beat Silvergate Bank’s dead horse

The U.S. securities regulator announced that it had filed charges against Silvergate Capital Corporation, which operated the California-based 'crypto-friendly' Silvergate...
What can Africa learn from the EU’s MiCA framework?
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3 July, 2024

What can Africa learn from the EU’s MiCA framework?

Some experts say Africa should formulate its own MiCA-like framework for the digital currency sector, but its implementation might be...