Key Takeaways Nine major banks formed a consortium to explore issuing reserve-backed digital money on public blockchains. The initiative aims to provide a stable payment asset and enhance financial innovation in cross-border payments. Share this […]
South Korea’s National Tax Service (NTS) is expanding its crackdown on tax evasion, warning that even crypto assets stored in cold wallets will be subject to seizure. According to a report from local news outlet […]
Dubai’s VARA fines 19 crypto firms for operating without proper licenses. Penalties range from AED 100,000 to AED 600,000 with immediate cease orders. VARA and SCA’s partnership ensures unified rules across the country’s digital […]
Publicly traded Solana treasury company Forward Industries launched its first institutional-grade validator node on the Solana blockchain as part of its broader strategy to deepen its role within the Solana ecosystem. The company announced the […]
Key Takeaways CEA Industries disclosed $633 million in BNB holdings, signaling strong corporate support for the token. The company plans to further expand its cryptocurrency treasury, focusing exclusively on BNB as its reserve asset. Share […]
The air in Singapore during TOKEN2049 Week is always thick with the promise of decentralized innovation, but beneath the glossy surface of networking events and headline announcements, a profound problem has always persisted, the chasm […]
Multinational bank Standard Chartered predicted that more than $1 trillion could exit emerging market banks and flow into stablecoins by 2028 as demand for US dollar-pegged crypto assets accelerates. In a Monday report, Standard Chartered’s […]
Current options limited to direct tokens or overseas funds. Binance and Kasikornbank driving crypto expansion in Thailand. SEC pushes bill for stronger oversight and enforcement powers. Thailand is preparing to expand its cryptocurrency exchange-traded fund […]
Key Takeaways World Liberty Financial, a DeFi project with real-world asset tokenization focus and Trump family connections, sold tokens to mining firm Hut8 at $0.25 each. The sale is part of a growing trend where […]
Sam “SBF” Bankman-Fried, the founder and former CEO of the bankrupt cryptocurrency exchange FTX, said his “biggest mistake” during the $8 billion collapse was handing control of the company to new management — a decision […]
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