Dubai International Financial Centre (DIFC) Enacts Groundbreaking Digital Assets Law

by Александр Пирогов | Mar 18, 2024 | Blog News

The Dubai International Financial Centre (DIFC) has taken a significant step forward in recognizing and regulating digital assets with the enactment of what it calls the “world’s first” digital assets law. This landmark legislation, which amends...

SEC Charges 17 Individuals in $300 Million Crypto Ponzi Scheme

by Александр Пирогов | Mar 18, 2024 | Blog News

The United States Securities and Exchange Commission (SEC) has brought charges against 17 individuals involved in an alleged cryptocurrency Ponzi scheme operated under the guise of CryptoFX LLC. The scheme targeted predominantly Latino investors in the U.S., promising...

US Senators Urge SEC to Reconsider Crypto ETP Approvals

by Александр Пирогов | Mar 15, 2024 | Blog News

US Senators Jack Reed and Laphonza Butler have called on Securities and Exchange Commission (SEC) Chairman Gary Gensler to halt the approval of further crypto exchange-traded products (ETPs) beyond Bitcoin. Their letter to Gensler emphasizes concerns over investor...

Hong Kong Expands e-HKD Pilot Programme to Explore CBDC Applications

by Александр Пирогов | Mar 15, 2024 | Blog News

Hong Kong is advancing its e-HKD Pilot Programme to explore the potential of a digital version of the Hong Kong dollar (e-HKD). Phase 2 of the program, following the completion of Phase 1 in October 2023, aims to delve deeper into specific areas where an e-HKD could...

Banco Do Brasil and Giesecke+Devrient Collaborate to Enable Offline Payments for Brazilian CBDC

by Александр Пирогов | Mar 15, 2024 | Blog News

Banco Do Brasil, in partnership with Giesecke+Devrient, is exploring the integration of offline payment functionality into Drex, Brazil’s upcoming central bank digital currency (CBDC). The initiative aims to extend financial services to individuals in remote...

El Salvador to Move Significant Bitcoin Holdings to Cold Storage

by Александр Пирогов | Mar 15, 2024 | Blog News

El Salvador is planning to transfer a substantial portion of its Bitcoin holdings to an offline, cold storage wallet for enhanced security. President Nayib Bukele announced the decision, revealing that the country’s Bitcoin portfolio has reached a value of...