Search

Nalezeno "digital": 11729

Stiffing the Staker: The SEC’s Latest Crackdown on Crypto Innovation

11.2.2023
The crypto world was jolted last week when the Securities and Exchange Commission (SEC) shut down Kraken’s staking program, much to the satisfaction of Chairman Gary Gensler and his team. But what does this mean for the future of cryptocurrency and, more specifically, staking? The following...

Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force

11.2.2023
A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for mining with two different categories of licenses that companies will have to renew...

Bank of New York Mellon: ‘Clients Are Absolutely Interested in Digital Assets’

11.2.2023
Bank of New York Mellon (BNY Mellon) has revealed that its clients “are absolutely interested in digital assets.” Emphasizing the need for clear crypto regulation, the bank’s head of digital assets noted: “We need responsible actors who can offer reliable services that live...

Ground Handling Firm to Use a Blockchain Document Solution at 28 Saudi Airports

11.2.2023
The Kingdom of Saudi Arabia-based airport ground handling services firm, Saudi Ground Services, has said it plans to implement a blockchain-based document solution that allows it “to issue over 10,000 digital documents annually including licenses.” According to the firm’s Ayman...

‘Midnight Massacre:’ SEC Crackdown on Crypto Staking Services Prompts Speculation of Further Enforcement Actions

10.2.2023
On Feb. 9, 2023, the cryptocurrency community learned of the U.S. Securities and Exchange Commission’s (SEC) crackdown on staking services. The SEC fined Kraken, a cryptocurrency exchange, $30 million for offering an “unregistered offering” related to its U.S. staking service....

Crypto Biz: FTX clawbacks, Genesis silver lining?

10.2.2023
As FTX seeks clawbacks on political donations, Digital Currency Group and its bankrupt subsidiary, Genesis Global Trading, have reached an agreement on restructuring

The history of mining: From the stone age to the digital era

10.2.2023
The history of mining reflects the ongoing evolution of technology and human ingenuity in the pursuit of extracting valuable resources from the earth

Central Bank of Brazil to Test Security and Transaction Privacy Levels of the Digital Real

10.2.2023
The Central Bank of Brazil will focus its first digital real tests on determining the levels of privacy and security that can be achieved with the proposed central bank digital currency (CBDC) infrastructure. The tests will be conducted later this year and will set up a simplified operation...

China’s 180M digital yuan airdrop, Devastation in Turkey, Laos’ CBDC: Asia Express

9.2.2023
Our weekly roundup of news from East Asia curates the industry’s most important developments. China airdrops 180 million digital yuan to celebrate Lunar New Year According to state-owned media Global Times, Chinese cities airdropped a total of 180 million digital yuan (e-CNY) worth $26.6 million...

Analyst Warns of Banks’ Authority to Confiscate Funds, Decline of US Dollar Purchasing Power

9.2.2023
According to Lynette Zang, chief market analyst at ITM Trading, U.S. banks have the legal authority to confiscate people’s funds due to legislation passed by Congress. In a recent interview, Zang discussed how the purchasing power of the U.S. dollar has dwindled to “roughly three...

Coincover secures $30 million in funding to strengthen digital asset security

9.2.2023
The funding round was led by Foundation Capital, with follow-on investment from CMT digital

Major Crypto ATM Operator Coin Cloud Files for Bankruptcy

9.2.2023
One of the largest cryptocurrency ATM operators, Coin Cloud, which claims to operate more than 5,000 crypto ATMs, has filed for bankruptcy in the U.S. The company’s largest creditor is Genesis Global Trading, whose parent company also recently filed for bankruptcy in the U.S. Coin Cloud Files...

FanDuel Co-Founders Raise $4M for Digital Music Collectible Startup Vault

9.2.2023
The funding round for VAULT was led by Placeholder VC

90% of BNY Mellon's Institutional Clients are Interested in Digital Assets: Report

9.2.2023
The bulk majority of Bank of New York Mellon's clients are interested in investing in digital assets despite the recent market meltdown. Citing a 2022 study of the custodian bank's clients, BNY Mellon's head of advanced solutions Michael Demissie said clients are "absolutely interested"...

Digital Gold Traded for Digital Rubles by Russia’s Rosbank

9.2.2023
Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking...

Argo CEO follows resignation trend after company acquisition by Galaxy Digital

9.2.2023
The CEO of the cryptocurrency miner Argo Blockchain is the second executive to step down from the company after its acquisition by Galaxy Digital

5,000 Merchants in India Now Accept Payments in Digital Rupee: Deputy Governor

9.2.2023
5,000 merchants and 50,000 users are now participating in India’s CBDC pilot project, the RBI’s deputy governor has said, noting that the central bank intends to proceed with the project slowly to avoid unwanted fallouts. Rabi Sankar, Deputy Governor at Reserve Bank of India (RBI), announced...