Digital Ruble Law Likely to Be Passed in June According to Russian Official
19.5.2023
The digital ruble law project, which was already discussed and approved in its first reading, could be passed in June, according to Anatoly Aksakov, chairman of the Duma’s Financial Markets Committee. The Bank of Russia is currently waiting for the enactment of this ruleset to conduct a live test...
OpenAI launches official ChatGPT app for iOS, Android coming ‘soon’
19.5.2023
While it is currently only available in the United States, a full global rollout could see more than a billion users access to the official app on iOS
Binance Halts Deposits and Possibly Withdrawals for Aussie Users After Being Cut Off by Australian Payment Service Provider
19.5.2023
Binance Australia said on May 18 that it is “unable to facilitate PayID AUD deposits for Binance users” due to a third-party payment service provider’s decision to discontinue support for the crypto exchange. Binance Australia said while it works to find an alternative, users...
Blockchain arms race risks being won by 'adversarial nations' — US crypto lobby group
19.5.2023
The Chamber of Digital Commerce has urged Congress to set up a Digital Asset and Blockchain Technology Solarium Commission to develop crypto regulation
Coin Cafe to repay $4.3M in fees that 'wiped out' investors' Bitcoin accounts
19.5.2023
The platform was charging investors ‘exorbitant and undisclosed fees’ with one user being charged recurring fees of $51,000 over a span of 13 months, according to the statement
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