Israel Unveils Early Digital Shekel Plan: A Step Towards Future Financial Innovation In a move that signals a significant step towards embracing the digital economy, Israel has unveiled its early digital shekel plan. While the final decision on launching a central bank digital currency (CBDC) is yet to be made, the proposed benefits of such […]
Kraken wins legal battle as SEC ends registration lawsuit
Kraken Wins Legal Battle as SEC Ends Registration Lawsuit In the ever-changing landscape of cryptocurrency regulations, a recent victory for Kraken, one of the leading cryptocurrency exchanges, marks a significant milestone for the industry. The Securities and Exchange Commission (SEC) has decided to end its registration lawsuit against Kraken, signaling a potential shift towards a […]
SEC drops Gemini case
SEC Drops Gemini Case: What This Means for the Future of Crypto Regulation The Securities and Exchange Commission (SEC) has recently made a significant decision that is sending ripples through the cryptocurrency industry. The regulatory body has dropped the case against Gemini, a popular cryptocurrency exchange founded by the Winklevoss twins. This move comes as […]
ECB moves closer to digital euro with blockchain innovation
ECB Accelerates Towards Digital Euro Adoption Through Blockchain Innovation The European Central Bank (ECB) has taken a significant step forward in its journey towards the adoption of a digital euro, leveraging blockchain technology to revolutionize the region’s financial landscape. This move comes as part of the ECB’s strategic goal to enhance and unify Europe’s capital […]
CNB governor calls for Bitcoin research in banking
Governor Aleš Michl Urges Central Bankers to Explore Bitcoin Technology for Banking Reserves In a bold move that has raised eyebrows across European financial circles, Governor Aleš Michl of the Czech National Bank (CNB) is advocating for the integration of Bitcoin technology into traditional banking systems. Michl’s call for research into the use of Bitcoin […]
Hong Kong explores new virtual asset regulations
Hong Kong’s Strategic Push to Become a Leading Digital Finance Hub Hong Kong is making significant strides in solidifying its position as a premier digital finance hub by exploring new regulations for virtual assets. As the global financial landscape continues to evolve rapidly, the region recognizes the importance of adapting to emerging trends and technologies […]
De Beers Takes Another Hit as Diamond Woes Bite
De Beers Faces Challenges as Diamond Market Shifts The diamond industry, long associated with luxury and exclusivity, is currently experiencing significant turbulence as consumer preferences evolve and new players enter the market. De Beers, a renowned name in the diamond sector, is feeling the impact of these changes as owner Anglo American recently announced a […]
Cryptocurrencies gain traction in Hong Kong schemes
Cryptocurrencies Gain Traction in Hong Kong Schemes The world of cryptocurrencies is expanding its reach into unconventional territories, with Bitcoin and ether making waves in Hong Kong’s residency-by-investment program. Officials have confirmed that these digital assets have been successfully used to demonstrate wealth as part of the scheme, signaling a significant shift in the perception […]
Mastercard embraces blockchain with 30% tokenised transactions in 2024
Mastercard Adopts Blockchain Technology: A Game-Changer for Tokenised Transactions Mastercard, a global leader in payment processing, is making significant strides in embracing blockchain technology. With a strategic vision to stay ahead in the digital payment revolution, Mastercard has set a target to have 30% of its transactions tokenised by 2024. This bold move signifies the […]
South Korea moves to lift corporate crypto trading ban
South Korea Lifts Corporate Crypto Trading Ban: A Step Towards Financial Innovation South Korea, known for its tech-savvy population and innovative approach to business, is making headlines once again in the world of cryptocurrency. The recent decision to lift the corporate crypto trading ban marks a significant step towards embracing the future of finance and […]