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09-21-2024
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author

Wahid loves to write, especially about Digital Currency and Blockchain. He started his blogging journey in 2017 and turned to digital currency in 2019. Wahid is interested in tech, chess and DeFi. He aims to promote decentralization to everyone on the planet.

Article by Wahid Pessarlay

FTX US, several others get cease-and-desist orders over deposit insurance claims
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22 August, 2022

FTX US, several others get cease-and-desist orders over deposit insurance claims

Several digital asset entities were served cease-and-desist letters for falsely claiming that the FDIC insures a number of their crypto-related...
BitConnect co-founder wanted in India, faces mega scam probe anew
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22 August, 2022

BitConnect co-founder wanted in India, faces mega scam probe anew

Satish Kumbhani, co-founder of BitConnect, plunged into deeper trouble as Indian police put him under investigation over a $2.4 billion...
CBDCs key to maintaining monetary system in digital age: ECB research
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22 August, 2022

CBDCs key to maintaining monetary system in digital age: ECB research

Despite disadvantages, consumers are willing to adopt CBDCs in exchange for small rewards, according to an ECB paper, which also...
South Korea pilots digital assets seizure for traffic fines settlement
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21 August, 2022

South Korea pilots digital assets seizure for traffic fines settlement

The coronavirus pandemic has led to the adoption of a new method that allows South Korean police to collect digital...
China: Bank testing e-CNY smart contract-enabled school fee payment in Sichuan
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21 August, 2022

China: Bank testing e-CNY smart contract-enabled school fee payment in Sichuan

The product is coming first to the city of Chengdu and will be developed by the Digital Research Institute, the...
Colombia eyes central bank digital currency adoption to fight tax evasion
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20 August, 2022

Colombia eyes central bank digital currency adoption to fight tax evasion

Colombia is ramping up its fight against tax evasion with a plan to set up a digital bank currency. The...
Huobi Global phasing out derivatives trading in New Zealand
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20 August, 2022

Huobi Global phasing out derivatives trading in New Zealand

On August 23, Huobi will cease the intake of users with New Zealand KYC and IP addresses and stop allowing...
Federal Reserve issues guidance for banks seeking digital assets-related initiatives
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20 August, 2022

Federal Reserve issues guidance for banks seeking digital assets-related initiatives

All banking institutions in the United States will now be required to disclose to the Federal Reserve any intent to...
Coinify exchange secures regulatory nod to operate in Italy
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19 August, 2022

Coinify exchange secures regulatory nod to operate in Italy

The Danish digital assets exchange is registered in over 180 countries and territories and offers a payment solution for fiat...
India: 5G deployment to accelerate blockchain technology adoption, expert says
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19 August, 2022

India: 5G deployment to accelerate blockchain technology adoption, expert says

The low latency, high speeds, and immense capacity of 5G will make smart cities, driverless vehicles, smart homes, and other...
South Korea: New probe uncovers $6.5B worth of digital assets linked to illegal transactions
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19 August, 2022

South Korea: New probe uncovers $6.5B worth of digital assets linked to illegal transactions

South Korea's regulatory board is eyeing sanctions against financial institutions linked to illicit forex transactions to safeguard its digital assets...
Canada introduces new pre-registration filing for unlicensed digital asset firms
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18 August, 2022

Canada introduces new pre-registration filing for unlicensed digital asset firms

The Canadian Securities Administrators says that digital asset trading platforms are expected to file a "pre-registration undertaking" while their license...

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