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09-23-2024
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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

China moves ahead with national blockchain center launch to broaden talent pool
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17 May, 2023

China moves ahead with national blockchain center launch to broaden talent pool

The director of the new National Blockchain Technology Innovation Center remarked that the institute would equip up to 500,000 specialists...
Do Kwon to be released on $436K bail ahead of criminal trial in Montenegro
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16 May, 2023

Do Kwon to be released on $436K bail ahead of criminal trial in Montenegro

Terraform Lab's Do Kwon and Han Chang-joon would be subjected to house arrest under police supervision on a €400,000 (approximately...
Hungary’s central bank sees no rush in launching CBDCs
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16 May, 2023

Hungary’s central bank sees no rush in launching CBDCs

Hungary is following other countries in launching a CBDC, but its central bank says it is in no rush to...
South Korean prosecutors seize $176M belonging to Terraform Labs founder
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16 May, 2023

South Korean prosecutors seize $176M belonging to Terraform Labs founder

The $176 million assets linked to Do Kwon that were seized by South Korean authorities include a posh office complex,...
Hong Kong regulators warn incoming firms against ‘light touch’ approach
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16 May, 2023

Hong Kong regulators warn incoming firms against ‘light touch’ approach

Despite being seen as having a "friendly" stance toward VASPs, Hong Kong reiterates it would push for stringent but "reasonable"...
French man who bought luxury car with BTC convicted in Morocco
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15 May, 2023

French man who bought luxury car with BTC convicted in Morocco

The Moroccan trial court handed down an 18-month prison sentence on 21-year-old French citizen Thomas Clausi and a steep fine...
FCA continues to crack down on unregistered digital currency ATMS in UK
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14 May, 2023

FCA continues to crack down on unregistered digital currency ATMS in UK

The regulator conducted a joint operation with United Kingdom’s local police departments in Exeter, Nottingham, and Sheffield, where it uncovered...
Hong Kong OSL Asset Management secures license to offer AI, Web3, and blockchain investments
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14 May, 2023

Hong Kong OSL Asset Management secures license to offer AI, Web3, and blockchain investments

Hong Kong’s Securities and Futures Commission granted OSLASM the license in early May, giving the green light to the firm...
India supports blockchain but insists digital currency should be regulated: Nirmala Sitharaman
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13 May, 2023

India supports blockchain but insists digital currency should be regulated: Nirmala Sitharaman

India's Finance Minister Nirmala Sitharaman clarified that despite the country's tough stance on digital currency, the government would continue to...
UK citizen pleads guilty to cybercrime offenses leading to theft of $794,000 digital assets
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13 May, 2023

UK citizen pleads guilty to cybercrime offenses leading to theft of $794,000 digital assets

Joseph O’Connor, 23, is scheduled for sentencing by U.S. District Judge Jed S. Rakoff on June 23, 2023, staring at...
Embattled QuadrigaCX exchange to begin ‘interim distribution of funds’
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12 May, 2023

Embattled QuadrigaCX exchange to begin ‘interim distribution of funds’

Court-appointed bankruptcy trustee Ernst & Young announced its decision after consultation with estate inspectors, with details of the interim distribution...
Zimbabwe’s central bank launches gold-backed digital currency
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12 May, 2023

Zimbabwe’s central bank launches gold-backed digital currency

The core feature of Zimbabwe's new gold-backed tokens is its fractionalization, allowing individual investors to buy tokens for as low...

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