United States

Digital Dollar Project explores CBDC impact on remittances with Western Union
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13 August, 2023

Digital Dollar Project explores CBDC impact on remittances with Western Union

The Digital Dollar Project announced in a press release that it had completed a pilot study focusing on retail CBDCs,...
South Korean prosecutors to use XRP ruling in Do Kwon’s securities fraud case
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13 August, 2023

South Korean prosecutors to use XRP ruling in Do Kwon’s securities fraud case

Prosecutors in South Korea plans to leverage the recent XRP ruling against Terraform Labs CEO Do Kwon's alleged securities fraud...
FTX’s Sam Bankman-Fried headed to jail for violating bail conditions
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12 August, 2023

FTX’s Sam Bankman-Fried headed to jail for violating bail conditions

The disgraced founder of the collapsed FTX digital asset exchange, is heading to jail for violating the terms of his...
Massachusetts probes AI use in securities industry amid heightened concerns over tech
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12 August, 2023

Massachusetts probes AI use in securities industry amid heightened concerns over tech

Massachusetts has launched a formal investigation into the application of artificial intelligence in securities, focusing on potential conflicts of interest...
Federal Reserve to oversee digital asset activities for US banks
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11 August, 2023

Federal Reserve to oversee digital asset activities for US banks

Under a new program, the Federal Reserve will expand its oversight on novel banking activities like digital assets and other...
Disney builds task force to improve operations amid growing anti-AI sentiments
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11 August, 2023

Disney builds task force to improve operations amid growing anti-AI sentiments

Disney strengthens its AI task force to pioneer innovative applications across the company, aiming to cut costs, enhance theme park...
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