Hong Kong Launches Digital Currency Pilot With 16 Firms Including HSBC, Bank of China, Alipay
19.5.2023
The Hong Kong Monetary Authority (HKMA) has announced the commencement of its e-HKD pilot which “will take deep dives into potential use cases in six categories.” The pilot paves the way for “the possible implementation of a retail central bank digital currency (CBDC),” the central banking...
First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds
19.5.2023
PLUS: Meme coins don't respect the intellectual property rights of others. And that's a problem
FTX pursues $244M clawback from 'wildly inflated' Embed acquisition deal
19.5.2023
FTX lawyers want to claw back $243.7 million from Embed insiders and executives, claiming its former leadership paid a "wildly inflated" price for the company
NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test
19.5.2023
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said
Square Enix Resolves to Continue with Web3, Blockchain Gaming Drive
19.5.2023
The Japanese gaming giant Square Enix has reasserted its commitment to blockchain gaming, announcing that it will continue to develop blockchain, Web3, and NFT games in the next 12 months.
The firm, which created the Final Fantasy series, issued an end-of-fiscal year statement this month.
Square...
Binance Australia partner hints at rising ‘scams’ after debanking exchange
19.5.2023
Cuscal, the company that handles AUD on-and-off ramping for the exchange, declined to comment specifically on why it decided to pull support for Binance Australia
Ripple, Visa join HK CBDC pilot, Huobi accusations, GameFi token up 300%: Asia Express
19.5.2023
Mastercard and Visa join Hong Kong’s CBDC pilot, new instalment in Justin Sun’s Huobi soap opera, and a GameFi token pumps on no news
Venezuela’s President Declares Inevitable Shift Away From US Dollar in De-Dollarization Push
19.5.2023
Venezuelan President Nicolas Maduro has announced that Venezuela will shift away from using U.S. dollars in trade, emphasizing that the de-dollarization process is “inevitable.” He described: “This is the path of Venezuela and the path of a free economy where currencies are not used...
US Lawmakers Reintroduce Securities Clarity Act Which Coins New Term
19.5.2023
US lawmakers introduced a bill on Thursday that aims to clarify how digital assets are labeled, in part through a new term coined an “investment contract asset.”
Reps. Tom Emmer, R-Minn., and Darren Soto, D-Fla., reintroduced the Securities Clarity Act, with backing from crypto advocacy groups...
I run a Ledger competitor — but I support them in blow-up over keys
19.5.2023
Ledger’s latest update — aimed at making private seed phrases on its wallets recoverable — was simply an attempt to innovate and improve user security
IMF sees room for eNaira improvement in first year assessment
19.5.2023
The world’s second-ever CBDC has yet to reach 1% of Nigeria’s population, according to the IMF assessment
What Are the Stakes in the SEC vs. Ripple?
19.5.2023