New Zealand tests the water on ‘digital cash’ issuance
New Zealand’s central bank has taken a four-stage approach to CBDC issuance and aims to issue an in-house digital dollar by 2023.
New Zealand’s central bank has taken a four-stage approach to CBDC issuance and aims to issue an in-house digital dollar by 2023.
Tether CEO Paolo Ardoino says adding new players to the stablecoin landscape is crucial to increasing legitimacy in the eyes of regulators.
The Securities & Exchange Commission has chosen Uniswap — rather than a fraudulent actor — as its latest target. The commission is facing stiff odds of success.
A bill in the House of Representatives aimed at providing guardrails for stablecoins has not moved forward since July 2023.
Bank of Israel deputy governor Andrew Abir is eager for the digital shekel to shake up commercial banks.
The U.K.’s economic secretary to the Treasury, Bim Afolami, said the government’s priority is improving the payments landscape and providing regulatory clarity for digital assets and blockchain.
The FISA 702 bill has been described by critics as a “dramatic and terrifying” expansion of the United States government’s surveillance powers.
Prosecutors claim the “cryptojacking” scheme stole cloud computing resources to mine nearly $1 million worth of crypto.
According to Bloomberg, Hong Kong has granted preliminary approvals for asset managers to launch spot-Bitcoin and Ether exchange-traded funds. This decision has positively impacted both digital assets and the broader cryptocurrency market. The Hong Kong unit is competing with Singapore and Dubai to become a hub for digital-asset firms. This comes after the implementation of a regulatory framework for virtual-asset service providers last year. The cryptocurrency market experienced a surge following the authorities' approval of spot funds. Bitcoin saw an increase of up to 4.3%, reaching approximately $66,629. Concurrently, Ether experienced a 6.1% increase, hitting $3,257. This development underscores Hong Kong's commitment to fostering a conducive environment for digital-asset firms and the growth of the cryptocurrency market.
Former FTX CEO Sam Bankman-Fried received a 25-year sentence after his conviction on seven felony counts, and many are speculating on what that could mean for Changpeng Zhao.