News

ByGlobal DeskFebruary 22, 2023February 22, 2023

New York State Announces Another Upgrade To Its Virtual Currency Monitoring Capacity

The New York State Department of Financial Services did not describe its new capacities, but said they will contribute to the detection of a...

News

ByGlobal DeskFebruary 22, 2023February 22, 2023

Hong Kong to Promote Digital Yuan and Hong Kong Dollars for Cross-Border Use

Hong Kong’s Financial Secretary, Paul Chan, said that Digital Yuan and Hong Kong Dollars would be used for cross-border payments. The authority has also...

News

ByGlobal DeskFebruary 22, 2023February 22, 2023

BIS General Manager Imagines Financial Innovation Without Stablecoins

The turmoil in crypto markets has erased the Bank of International Settlements’ belief that there is any hope that stablecoins would be the future...

News

ByGlobal DeskFebruary 21, 2023February 21, 2023

BIG Ideas For 2023: Ark Invest’s EPIC Report!

Risks of Investing in Innovation Companies that ARK believes are capitalizing on disruptive innovation and developing technologies to displace older technologies or create new...

News

ByGlobal DeskFebruary 20, 2023February 20, 2023

Energy Giant Saudi Aramco Signs Agreement With droppGroup to Build Web3 Tech

Saudi Aramco will explore co-developing blockchain-based technologies that could benefit its workers. Saudi Arabian Oil Group (Saudi Aramco), the near $2 trillion worth state-owned...

News

ByGlobal DeskFebruary 20, 2023February 20, 2023

Zambia Takes First Steps in Establishing African Crypto Tech Hub

Zambia has become the latest African nation to embrace the digital economy after announcing it was testing technology to enable the regulation of cryptocurrencies....

News

ByGlobal DeskFebruary 20, 2023February 20, 2023

FTX Japan Announces Plan to Reopen Bitcoin, Crypto and Cash Withdrawals for Customers

The Japan-based division of the defunct global crypto exchange FTX is preparing to reopen withdrawals for its customers. In a new press release, FTX...

News

ByGlobal DeskFebruary 17, 2023February 18, 2023

Custodia Bank Renews Push for Fed ‘Master Account’ After Rejection

The Federal Reserve and Kansas City Fed rejected Custodia’s applications for membership and a master account last month. Custodia Bank filed an amended complaint...

News

ByGlobal DeskFebruary 17, 2023February 17, 2023

U.S. Investigation into Do Kwon and His Infamous Stablecoin Unveils Several New Revelations

The collapse of supposed stablecoin TerraUSD last May wiped out more than $40 billion of market value held by investors who bought into the...

News Exchange Watch

ByGlobal DeskFebruary 17, 2023February 17, 2023

CZ Denies Report Binance is Considering Major Breakup With US Business Partners

The Binance CEO contradicted a Bloomberg source concerning reducing the company’s activities after increasing pressure from U.S. regulators. Binance CEO Changpeng Zhao has denied...