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Business

ICMA reviews risk factors, disclosures in blockchain bond offering documents
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9 December, 2023

ICMA reviews risk factors, disclosures in blockchain bond offering documents

ICMA's report examines risks in blockchain-based bond offerings, highlighting technological, legal, and liquidity challenges, and advocates for improved transparency in...
New Jersey bill eyes classification of digital assets as securities
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8 December, 2023

New Jersey bill eyes classification of digital assets as securities

While the proposed bill would not impact how the U.S. Securities and Exchange Commission oversees the digital asset space, its...
Bitzlato co-founder pleads guilty to money laundering, agrees to dissolve digital asset exchange
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8 December, 2023

Bitzlato co-founder pleads guilty to money laundering, agrees to dissolve digital asset exchange

In a proceeding before U.S. District Judge Vitaliano, Anatoly Legkodymov agreed to a plea deal dissolving Bitzlato and releasing any...
Binance’s Changpeng ‘CZ’ Zhao ordered to stay in US until sentencing
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8 December, 2023

Binance’s Changpeng ‘CZ’ Zhao ordered to stay in US until sentencing

On December 7, U.S. District Court Judge Richard Jones rejected CZ’s request to return to Dubai until his sentencing hearing...
Tulip Trading: Trial on coin ownership ordered for 2025
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8 December, 2023

Tulip Trading: Trial on coin ownership ordered for 2025

Assuming Tulip Trading Limited successfully proves its ownership of the coins, there will be a future trial on the issue...
US House committee passes bill promoting blockchain competitiveness
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8 December, 2023

US House committee passes bill promoting blockchain competitiveness

In a sign of cementing blockchain's limitless abilities, the U.S. House Committee on Energy and Commerce passed a new proposed...
BIS privacy-focused CBDC project features 2 eCash prototypes
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8 December, 2023

BIS privacy-focused CBDC project features 2 eCash prototypes

BIS's Project Tourbillon explores privacy-focused CBDCs, delving into eCash designs, security, scalability, and quantum-safe cryptography, addressing global central bank digital...
22,000 UN staff to receive blockchain, Web3 training
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8 December, 2023

22,000 UN staff to receive blockchain, Web3 training

The United Nations is looking to train 22,000 employees in blockchain and Web3, with a goal of bridging the digital...
Finland wants to lead the metaverse race by 2035
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7 December, 2023

Finland wants to lead the metaverse race by 2035

As part of its plan to become the global leader in the metaverse race, Finland is eyeing the launch of...
Microsoft to expand AI infrastructure in UK via $3.2B initiative
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7 December, 2023

Microsoft to expand AI infrastructure in UK via $3.2B initiative

Microsoft invests $3.2B in U.K.’s artificial intelligence expansion, doubling its digital footprint, fueling talent development, enhancing infrastructure and safety measures...
SEC v Terraform Labs: Judge urged to decide whether digital assets are securities
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7 December, 2023

SEC v Terraform Labs: Judge urged to decide whether digital assets are securities

While the court may submit queries to the jury in resolving factual disputes, determining whether an asset is a security...
Reserve Bank of India opens talks with US, Hong Kong for cross-border CBDC features
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7 December, 2023

Reserve Bank of India opens talks with US, Hong Kong for cross-border CBDC features

India is eyeing a collaboration with U.S. Federal Reserve and HKMA for cross-border CBDC functionality to enhance international remittances and...