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Top Chinese Law Firm Analyzes Digital Yuan AML Challenges


JunHe Law Firm Partner Chen Xin issues report to explore anti-money laundering challenges, opportunities and solutions in China's CBDC digital yuan deployment and regulation. The post Top Chinese Law Firm Analyzes Digital Yuan AML Challenges appeared first on Cryptonews

World Economic Forum Study Reveals 98% of Central Banks Are Eyeing CBDCs


The World Economic Forum recently released a report investigating wholesale central bank digital currencies (wCBDCs). The document explored the potential of wCBDCs to alleviate significant industry challenges and address key pain points. The post World Economic Forum Study Reveals 98% of Central...

TRON’s Justin Sun sees blockchain as a key to solve global challenges


Blockchain technology has held one flag flying high, that is of cryptocurrency, and it has done that for a long time. Now, the world is exploring other use cases of blockchain technology, and Tyron is one of the leaders in that aspect. Justin Sun, the founder of TRON, highlighted the same in...

Bitcoin’s environmental footprint: Navigating sustainability challenges?


As a prominent cryptocurrency, Bitcoin has greatly benefited the crypto world. Its decentralized nature provides an alternative financial infrastructure facilitating cross-border payments, SCM, and smart contracts. The other significant impacts Bitcoin has made in the financial realm are...

Sam Bankman-Fried Files Notice of Appeal, Challenges Conviction and Sentence


Former FTX CEO Sam Bankman-Fried formally lodged an appeal against both his conviction and sentence with the District Court for the Southern District of New York (SDNY) on Thursday. Bankman-Fried’s legal representatives had anticipated this move, having previously requested that he remain at...

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