The bill, available on the committee’s hearing page, represents the first major piece of crypto legislation to move in 2023, and follows two key incidents over the past year involving stablecoins: the blowup of terraUSD (UST), which was backed...
Read More
Digital art auction house Sotheby’s has altered its latest art sale significantly after receiving community feedback regarding a lack of diversity, meanwhile a novice player in Illivium: Beyond has made a staggering profit of 140,525% by finding the most...
The energy business is always evolving and looking for new methods to improve efficiency, save costs, and promote sustainability. Integration of blockchain technology in energy supply chains, notably in the construction of smart grids and microgrids, is one of...
Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault...
“The cryptocurrency industry is rapidly expanding with some industry lobbyists insisting that their offerings and platforms fall outside the securities laws and regulations,” Better Markets, a Washington-based group advocating for tougher protections in the financial system, wrote in a...
Hong Kong-based digital asset firm HashKey Group has launched a new wealth management platform geared toward professional and institutional investors. In an April 14 announcement, HashKey cited “significant demand from investors to access virtual assets” as the reason for...
Central Bank Digital Currencies (CBDCs) have received a lot of attention recently as a potential game changer in the world of finance. A CBDC is a digital representation of a country’s fiat currency issued and supported by the central...
According to a recent announcement from Binance US, the American-based subsidiary of the largest cryptocurrency exchange by volume, the exchange plans to delist the cryptocurrency asset tron. The news follows Binance’s being sued by the U.S. Commodity Futures Trading...
FTX Europe AG, the holding company of FTX’s European business, filed a petition for a Swiss moratorium proceeding, which the court granted on Tuesday, according to the announcement. A moratorium proceeding, under Swiss law, enables debt restructuring or the...
ZA Bank, Hong Kong’s biggest virtual bank by assets is reportedly set to provide crypto account services and facilitate crypto-to-fiat exchanges. According to an April 12 Bloomberg report, the bank will act as a settlement bank to allow token...