FinanceCBDCs Face ‘Chicken-and-Egg Problem’ When It Comes to Adoption: IMFSeptember 23, 20240 Central Bank Digital Currencies (CBDCs) are facing a significant challenge in their adoption, often referred to as the “chicken-and-egg problem.”... Read more
FinanceAustralia to Mandate Financial Services Licenses for Crypto StartupsSeptember 23, 20240 Australia is set to introduce new regulations requiring crypto startups to obtain financial services licenses under the Corporations Act. This mo... Read more
FinanceBlockchain Ledger Poised to Revolutionize UK’s $14.5 Trillion Finance IndustrySeptember 17, 20240 A recent report by UK Finance, the country’s leading finance trade body, suggests that blockchain technology could significantly transform the UK... Read more
FinanceBarclays Explores Digital Pound Framework and Use Cases in the UKSeptember 17, 20240 Barclays is taking a significant step towards the future of digital finance by exploring the framework and use cases for a digital pound in the U... Read more
FinanceHong Kong’s AI Framework: A New Dawn for Finance and CryptoSeptember 17, 20240 In a groundbreaking move, Hong Kong is set to release its first comprehensive AI policy for the financial sector, including the burgeoning crypto... Read more
FinanceMicroStrategy Proposes $700M Convertible Senior NotesSeptember 17, 20240 MicroStrategy, the largest corporate holder of Bitcoin, has announced a proposal to offer $700 million in convertible senior notes due 2028. This... Read more
FinanceCFTC Warns of Potential Manipulation in Prediction Markets Amid Kalshi DisputeSeptember 16, 20240 The U.S. Commodity Futures Trading Commission (CFTC) has raised alarms about the potential for manipulation in prediction markets, particularly i... Read more
FinanceSouth Korea’s K-Bank Eyes $3.7 Billion IPO Amid Crypto BoomSeptember 12, 20240 K-Bank, a prominent South Korean neobank and partner of the leading crypto exchange Upbit, is gearing up for a significant milestone: a $3.7 bill... Read more
FinanceBrazilian Police Seize $1.6 Billion in Crypto and Fiat in Nationwide RaidsSeptember 12, 20240 In a sweeping operation, Brazilian police and tax officials have frozen approximately $1.6 billion worth of cryptocurrency and fiat currency. Thi... Read more
FinanceFederal Reserve Issues Cease-and-Desist Order to Crypto-Friendly United Texas BankSeptember 5, 20240 The United States Federal Reserve has issued a cease-and-desist order to United Texas Bank, citing significant deficiencies in its risk managemen... Read more