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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

Brazil’s largest private bank Itaú plans to debut tokenization platform
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20 July, 2022

Brazil’s largest private bank Itaú plans to debut tokenization platform

In addition to tokenization services, the tokenization platform will introduce digital assets custody services and token-as-a-service (TaaS) offerings.
CFTC warns consumers of 34 digital assets, forex trading firms operating without license
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19 July, 2022

CFTC warns consumers of 34 digital assets, forex trading firms operating without license

The 34 firms has been added to the U.S. regulator’s Registration Deficient List (RED List), which now contains 202 firms...
NFT marketplace OpenSea lays off 20% of staff cites bear market
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19 July, 2022

NFT marketplace OpenSea lays off 20% of staff cites bear market

Devin Finzer attributed the decision to the "crypto winter and broad macroeconomic instability," stating that they need to prepare the...
Brazilian Parliament suspends vote on digital assets regulations bill until October
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19 July, 2022

Brazilian Parliament suspends vote on digital assets regulations bill until October

If passed, the bill will give the executive oversight powers over digital assets firms and will introduce strict sentences for...
PBoC to onboard more provinces and cities to China’s CBDC platform
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19 July, 2022

PBoC to onboard more provinces and cities to China’s CBDC platform

Lan Zhou noted that the CBDC had an impressive level of adoption across the test sites—citing that as of May,...
Shanghai 5-year digital economy development plan includes NFTs, web3, metaverse
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19 July, 2022

Shanghai 5-year digital economy development plan includes NFTs, web3, metaverse

Shanghai's blockchain adoption plans include creating an innovation system with blockchain and promoting the development of its ecosystem with strong...
UK court allows legal documents to be served via NFTs
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18 July, 2022

UK court allows legal documents to be served via NFTs

Giambrone & Partners LLP law firm said that the NFT would be delivered as an airdrop to two wallets connected...
South Korea to start real-world testing of CBDC with 10 commercial banks: report
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18 July, 2022

South Korea to start real-world testing of CBDC with 10 commercial banks: report

The Bank of Korea has invited at least ten commercial banks, including Shinhan Bank and NH Nonghyup Bank, to be...
Sri Lanka central bank warns against digital assets investments amidst political unrest
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17 July, 2022

Sri Lanka central bank warns against digital assets investments amidst political unrest

The Central Bank of Sri Lanka said citizens could invest in virtual currencies but at their own risk since the...
Russia: Lawmaker proposes adding digital assets exchange division to MOEX
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17 July, 2022

Russia: Lawmaker proposes adding digital assets exchange division to MOEX

The head of Russia's State Duma Committee on financial markets, Anatoly Aksakov, has introduced the proposal to launch a regulated...
South Korea: Fintech giant Dunamu plans to invest $385M to create 10,000 Web3 jobs
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17 July, 2022

South Korea: Fintech giant Dunamu plans to invest $385M to create 10,000 Web3 jobs

The South Korean fintech giant expects the investment to create 10,000 jobs in the Web3 space and says it will...
Samsung begins production of 3nm process chips that can be used for block reward mining
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16 July, 2022

Samsung begins production of 3nm process chips that can be used for block reward mining

Samsung said the Gen 1 3nm GAA process offers a 45% reduction in power consumption, 23% increase in performance, and...

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