UAE plans to digitally transform its financial sector
Emirati authorities want to achieve a “cashless society” The Central Bank of the United Arab Emirates (CBUAE) will launch its own digital currency, among other...
Category : Blockchain
The oldest bank in Brazil enables customers to pay taxes with crypto
Banco do Brasil (BB), the oldest and the second largest bank in Brazil, has enabled the payment of taxes with cryptocurrencies. Image via Wikimedia The...
EU lawmakers to tighten crypto rules for banks
Bank capital requirements are expected to change to cover risks from crypto-assets The European banks holding cryptocurrency will be subjected to more stringent capital requirements....
Indonesia to launch a national crypto exchange
Indonesia plans to establish a national cryptocurrency exchange as part of its regulatory reform. Image via Unsplash This reform involves shifting regulatory oversight over the...
Britain to change its rulebook to become global crypto and fintech hub
The City of London wants to regain a leading global financial centre role London is facing fierce competition from Paris and Frankfurt in the post-Brexit...
India launches e-Rupee in select cities
The CBDC will be aimed at retail transactions, more uses after the pilot program On December 1 India set off a testing phase of its...
Binance acquires Japanese crypto exchange Sakura Exchange BitCoin
The move allows Binance to enter the local market with a license Binance has announced about acquiring a Japanese cryptocurrency exchange, Sakura Exchange BitCoin, and...
Binance launches recovery fund for distressed crypto assets
In an interview with Bloomberg on November 24, Binance CEO Changpeng Zhao (CZ) said the firm intends to allocate $1 billion for a proposed industry...
Collapsed crypto exchange FTX could have over 1 million creditors
In a document submitted to bankruptcy court in Delaware on Monday, November 14, FTX’s lawyers said the company could have more than one million creditors,...
Kazakhstan to integrate its CBDC with BNB Chain, CZ says
Binance CEO Changpeng Zhao revealed on Thursday that the BNB Chain will be used for Kazakhstan’s central bank digital currency (CBDC). Binance introduced the central...