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Banks dominate payments — That needs to change
May 17, 2023Making deposits at Europe’s Central Banks accessible to payment companies — such as stablecoin issuers —...
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Pakistani finance minister says crypto will never be legal because of FATF
May 16, 2023Pakistan was taken off the FATF gray list in October, and it has good reasons to...
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China state-owned Greenland to apply for Hong Kong virtual asset trading license
May 16, 2023The real estate developer’s fintech unit already has a digital banking license in Singapore; “We are...
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Chinese prosecutors to crack down on ‘pseudo-innovation’ in NFT market
May 16, 2023According to prosecutors, marketing models such as rewards and dynamic rights and interests can quickly evolve...
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OpenAI CEO Sam Altman testifies in ‘historic’ Senate hearing on AI safety
May 15, 2023Altman appeared alongside NYU professor Gary Marcus and IBM chief of trust Christina Montgomery to discuss...
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Updated European tax directive requires reporting on all crypto asset transfers
May 15, 2023DAC8 extends tax reporting procedures to crypto transfers in line with the OECD crypto reporting framework...
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Crypto community responds to US democrats backing SEC’s crypto authority
May 15, 2023One community member expressed their decision to part ways with the party, arguing that the Democratic...
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BlockFi used customer money to buy $30M insurance, creditors claim
May 15, 2023BlockFi said selling its cryptocurrency lending platform might not generate value for creditors.
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EU finance ministers approve MiCA crypto regulation
May 15, 2023European Union finance ministers vote unanimously to adopt the bloc’s Markets in Crypto-Assets regulation.
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Crypto bank runs in 2022 catalyzed by institutional withdrawals: Research
May 15, 2023Research suggests the lack of insurance for depositors on crypto platforms induced fear among retail and...