09-23-2024
Wahid Pessarlay
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
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5 July, 2023
India central bank turns to cross-border functionality despite advocating for cautious CBDC development
The Reserve Bank of India is keen on experimenting with multiple CBDC use cases outside the purview of domestic payments,...
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5 July, 2023
China Mobile establishes metaverse alliance amid several big tech operations
One of the alliance's objectives is to improve metaverse development in China; it also plans to create an investment fund...
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4 July, 2023
Dubai VARA releases schedule of fees for digital asset-related activities
Proprietary traders of digital currencies looking to operate in Dubai will be required to possess a no-objection certificate (NOC), according...
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4 July, 2023
OpenAI slammed with class-action lawsuit over alleged data theft
The lawsuit alleges that OpenAI breached the Electronic Communication Privacy Act, Computer Fraud and Abuse Act, California Invasion of Privacy...
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4 July, 2023
New Zealand central bank to increase digital assets monitoring, avoids full regulatory approach
The Reserve Bank of New Zealand also stated that a slow-and-steady approach is required for stablecoins and digital currencies due...
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3 July, 2023
CFTC secures $54M default judgment against digital currency fraudster
The U.S. District Court for the Southern District of New York ordered Michael Ackerman to pay $27 million in restitution...
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3 July, 2023
KuCoin aligns with global regulatory standards with mandatory KYC program
KuCoin disclosed that the new Know Your Customer policy would begin on July 15 for new and existing customers, stating...
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3 July, 2023
98% of world’s economy are exploring CBDCs, new study finds
New research from U.S.-based Atlantic Council has revealed that 130 countries are researching the prospects of central bank digital currencies,...
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3 July, 2023
Hong Kong Web3 firms splurge millions to snag up operational licenses: report
Data shows between $2.55 million and $25.5 million are being shelled out by Web3 firms looking to get a license...
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3 July, 2023
Monetary Authority of Singapore proposes new design framework for digital currencies
The latest report is part of the central bank’s broader study under the umbrella of Project Guardian, looking into the...
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2 July, 2023
Sony Network Communications invests $3.5M into Japanese Web3 firm
Sony Network director Jun Watanabe will assume the role of an executive director at Startale Labs to encourage a seamless...
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2 July, 2023
Shanghai eyes nearly $7B from metaverse investment in culture, tourism sectors
Following initiatives from neighboring cities, Shanghai is building its metaverse ambitions under a recently published roadmap focusing on revitalizing its...
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