BINANCE AND ZHAO TO CONTEST CFTC ALLEGATIONS |1300 HKT | 0600 UKT | 25 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

The world’s largest crypto exchange Binance, and its CEO, Changpeng Zhao, plan to contest and seek dismissal of a complaint filed by the Commodity Futures Trading Commission (CFTC). The CFTC alleges that Binance contravened the Commodity Exchange Act and certain...

PUTIN SIGNS DIGITAL RUBLE BILL INTO LAW |1300 HKT | 0600 UKT | 25 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

Russia is progressing with its Central Bank Digital Currency (CBDC), the digital ruble, with President Vladimir Putin officially signing the bill into law on 24 July. The law grants the Russian central bank the authority to implement the first CBDC pilot with real...

BANK OF JAPAN EXPLORES DIGITAL YEN WITH 60 FIRMS IN ITS CBDC PILOT PROGRAM |1300 HKT | 0600 UKT | 24 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

The Bank of Japan (BOJ) has initiated a series of discussions with 60 firms, including some industry giants like Sony and Toyota, as part of a pilot program exploring the development of a digital yen. These discussions will delve into business and technological...

NIGERIAN SOCIAL PAYMENTS APP BUNDLE CEASES CRYPTO EXCHANGE OPERATIONS |1300 HKT | 0600 UKT | 24 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

Bundle, a social payments app based in Nigeria, has announced its decision to discontinue its crypto exchange operations. As announced on 20 July, the company’s shareholders have decided to concentrate on its payment solution Cashlink that meets the Web3 ecosystem’s...

RIPPLE SEEKS UK CRYPTO LICENCE FOLLOWING PARTIAL WIN IN SEC CASE |1300 HKT | 0600 UKT | 24 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

Payments network and technology company Ripple has reportedly applied to register as a crypto asset firm with the UK Financial Conduct Authority (FCA), while also pursuing a payments licence in Ireland. This comes after Ripple’s partial triumph in the US court, which...

UK FINANCIAL CONDUCT AUTHORITY LAUNCHES PERMANENT DIGITAL SANDBOX FOR TECH FIRMS |1300 HKT | 0600 UKT | 21 July 2023

by Александр Пирогов | Jul 26, 2023 | Blog News

UK Financial Conduct Authority (FCA) announced on 20 July the launch of its Digital Sandbox, a permanent platform designed to support tech firms in early product development stages. Starting from 1 August, the platform provides a secure testing environment for...