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Business

World Football Summit: How blockchain technology can help fan engagement in football
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22 September, 2023

World Football Summit: How blockchain technology can help fan engagement in football

One of the hot topics at the recent World Football Summit was fan engagement, and multiple panels discussed how to...
Financial Services Committee approves bill prohibiting CBDC in US
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22 September, 2023

Financial Services Committee approves bill prohibiting CBDC in US

The U.S. House Financial Services Committee has approved the CBDC Anti-Surveillance State Act, which will now be put before the...
Tether reneges on halting loans to ‘crypto’ deadbeats, seals mega AI deal
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22 September, 2023

Tether reneges on halting loans to ‘crypto’ deadbeats, seals mega AI deal

Tether is coming under fire for reneging on its promise to eliminate third-party loans while also making a nearly half-billion-dollar...
Mt. Gox creditors given 1 more year to submit payment information
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22 September, 2023

Mt. Gox creditors given 1 more year to submit payment information

The Tokyo District Court grants permission to bankrupt Mt. Gox to extend the deadline for submitting creditors' repayment details until...
PBW 2023 Day 3 sets the tone for Philippines’ blockchain adoption, women’s inclusivity in tech, future of metaverse and gaming
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22 September, 2023

PBW 2023 Day 3 sets the tone for Philippines’ blockchain adoption, women’s inclusivity in tech, future of metaverse and gaming

The final day of the Philippine Blockchain Week 2023 sees a full lineup of discussions on the adoption pace of...
Kraken sued in Australia over failure to explain product to customers
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22 September, 2023

Kraken sued in Australia over failure to explain product to customers

Bit Trade, Kraken’s provider in Australia, faces a lawsuit after Australia’s securities regulator determined it failed to comply with the...
UK anti-trust regulator pushes against AI monopoly by industry players
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22 September, 2023

UK anti-trust regulator pushes against AI monopoly by industry players

Competition and Markets Authority, the U.K.'s anti-trust regulator, calls for AI guardrails to prevent monopolies as it leads efforts to...
Citi offers blockchain fractional bond custody and tokenized deposits
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22 September, 2023

Citi offers blockchain fractional bond custody and tokenized deposits

Citi became custodian of full denomination bonds in 2021, but now custodies fractional bonds too; Citi also launched tokenized deposits...
HSBC, HKUST partner on e-HKD CBDC pilot to complement banking regulator efforts
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22 September, 2023

HSBC, HKUST partner on e-HKD CBDC pilot to complement banking regulator efforts

HSBC and HKUST Business School collaborate on a hypothetical e-HKD pilot to aid Hong Kong Monetary Authority in CBDC development,...
UnionBank of the Philippines secures VASP license to offer digital asset services
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22 September, 2023

UnionBank of the Philippines secures VASP license to offer digital asset services

Bangko Sentral ng Pilipinas has granted UnionBank of the Philippines with a VASP license, allowing it to provide wide range...
World Football Summit: BSV blockchain entrepreneurs talk global reach and monetization with Web3 metaverse digital twins
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21 September, 2023

World Football Summit: BSV blockchain entrepreneurs talk global reach and monetization with Web3 metaverse digital twins

Joining a panel on 'Global Reach and Monetization with Web 3 and Metaverse Digital Twins' at the World Football Summit...
Brian Armstrong’s ‘Make Coinbase Great Again’ campaign falling flat
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21 September, 2023

Brian Armstrong’s ‘Make Coinbase Great Again’ campaign falling flat

Coinbase is trying to rally support for reducing regulatory oversight of its operations, even as U.S. regulators warn that additional...