Paxful Co-Founder Artur Schaback Pleads Guilty to Money Laundering Conspiracy

by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News

On 8 July, 2024, Artur Schaback, co-founder and former chief technology officer of Paxful Inc., pleaded guilty to conspiracy to operate a crypto exchange platform without effective anti-money laundering (AML) policies. Schaback, 36, from Tallinn, Estonia, admitted to...

DigitalX Receives Regulatory Approval to Launch Bitcoin ETF on ASX, Trading starts July 12

by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News

According to Bloomberg, Blockchain-focused asset manager DigitalX has secured regulatory approval to launch its spot Bitcoin exchange-traded fund (ETF), making it the second Bitcoin ETF to trade on the Australian Securities Exchange (ASX). The DigitalX Bitcoin ETF,...

Dubai Customs launches Blockchain Platform for Efficiency and Transparency in Trade

by Theresa Joy Lacatan | Jul 10, 2024 | Blog News, Crypto News

In a move aimed at enhancing efficiency and transparency in commercial operations, Dubai Customs has announced the launch of its blockchain platform. This secure and efficient digital network is set to revolutionize trade processes within Dubai and across...

Governor Cooper Vetoes North Carolina Bill Banning Federal Digital Currency (CBDCs)

by Theresa Joy Lacatan | Jul 9, 2024 | Blog News, Crypto News

On 5 June, 2024, North Carolina Governor Roy Cooper vetoed a bill that would have prohibited the state from implementing a US Federal Reserve-issued central bank digital currency (CBDC). Despite receiving near-unanimous support in the state’s House of...

Russia Expands Digital Ruble Project for International Payments Starting September 1

by Theresa Joy Lacatan | Jul 9, 2024 | Blog News, Crypto News

In a recent development, the Russian Central Bank announced on Thursday that it will accelerate and expand its digital ruble project, with the next phase set to commence on September 1, 2024. First Deputy Governor Olga Skorobogatova revealed that a substantial number...

Taurus Partners with UAE’s Zand Bank to Revolutionize Digital Banking and Crypto Services

by Theresa Joy Lacatan | Jul 5, 2024 | Blog News, Crypto News

Swiss cryptocurrency infrastructure platform Taurus has announced a strategic partnership with Zand Bank in the United Arab Emirates (UAE). This collaboration aims to significantly enhance Zand’s capabilities in custody, tokenization, and blockchain connectivity....