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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

Singapore collaborates with finance industry to explore digital currency use cases
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5 June, 2022

Singapore collaborates with finance industry to explore digital currency use cases

The project will develop and pilot use cases focused on four main areas: open, interoperable networks, trust anchors, asset tokenization,...
UnionBank of the Philippines raises $208M via blockchain-backed bond offer
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4 June, 2022

UnionBank of the Philippines raises $208M via blockchain-backed bond offer

UnionBank raised PHP11 billion (US$208 million) in the first-ever digital peso bond offering in the Philippines, marking a successful proof...
Basel Committee to set new digital assets banking standards by end of 2022
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4 June, 2022

Basel Committee to set new digital assets banking standards by end of 2022

In a statement, the body said that it is currently working towards issuing its second consultation paper on the prudential...
Germany: BaFin reminds firms of digital securities license registration guidelines as deadline looms
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4 June, 2022

Germany: BaFin reminds firms of digital securities license registration guidelines as deadline looms

In a recently published leaflet by BaFin, the regulator stated that the for application for licenses would close on June...
UK Treasury proposes regulations to protect stablecoin users
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4 June, 2022

UK Treasury proposes regulations to protect stablecoin users

Her Majesty's Treasury stated that it recognizes the potential of stablecoins to drive innovation, but noted that they pose a...
Shenzhen gives away free 30M digital yuan to attract consumer spending
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3 June, 2022

Shenzhen gives away free 30M digital yuan to attract consumer spending

The airdrop is a joint effort with Meituan Dianping, one of China's leading food delivery apps, according to a statement...
China eyes tightening stablecoin regulations following Terra crash: report
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3 June, 2022

China eyes tightening stablecoin regulations following Terra crash: report

A recent article detailed the situation surrounding the crash of UST and Terra and described it as a "black swan"...
Terraform Labs: South Korean prosecutors open probe of staff over UST crash
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2 June, 2022

Terraform Labs: South Korean prosecutors open probe of staff over UST crash

Apart from issuing a subpoena, prosecutors also secured a statement from an employee who stated that some staffs were against...
Louisiana passes bill studying issues on digital currency campaign donations
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2 June, 2022

Louisiana passes bill studying issues on digital currency campaign donations

The committee is to undertake the study and make its recommendations to the House Committee on House and Governmental Affairs...
Terra’s Mirror protocol allegedly suffered second exploit and on verge of collapse, analyst says
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1 June, 2022

Terra’s Mirror protocol allegedly suffered second exploit and on verge of collapse, analyst says

A pseudonymous analyst called "FatMan" has spoken up about the exploit and said that the protocol might collapse as the...
Philippines’ science department kicks off in-house blockchain training for technologists
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1 June, 2022

Philippines’ science department kicks off in-house blockchain training for technologists

Around 70 technologists from the Department of Science of Technology will make up the first set of trainees, and about...
Paraguay’s digital currency regulations bill moves closer to adoption
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1 June, 2022

Paraguay’s digital currency regulations bill moves closer to adoption

The Chamber of Deputies, the lower house of Paraguay's bicameral National Assembly, has voted 40-12 in favor of advancing a...

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