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England’s Law Commission proposes new property category for crypto assets

31.7.2024
The Law Commission's final report advocates for legal reforms to better protect the unique features of digital assets

Bank of England Pushes for Swift Digital Payment Solutions as Cash Usage Drops

31.7.2024
The Bank of England (BOE) is urging UK banks to expedite their digital payment solutions as cash use declines. The BOE’s recent paper highlights the need for innovations that allow direct payments from bank accounts, bypassing credit and debit cards, to save time and costs for consumers...

UAE residents can now trade crypto directly with their bank accounts

31.7.2024
The new integration enables the direct conversion of UAE dirhams into Bitcoin and Ether using M2’s spot market

Bank of England to experiment with wholesale CBDC, synchronization

30.7.2024
The BOE is considering applying DLT to its existing settlement system and introducing a wCBDC

GameStop Dunks On Digital Games And Gets Savaged By Xbox 360 Fans

30.7.2024
Everyone has been mourning the death of the Xbox 360 after its marketplace officially shut down earlier this week, recalling some of their favorite memories with the console that introduced them to life-long friends and some of their favorite games. Leave it to GameStop to show up to the party with...

Bybit Launches Digital Rupee for Secure INR Payments

30.7.2024
The crypto exchange Bybit has introduced a digital rupee (eRupee) as a new payment method for Indian rupee transactions. The launch aims to provide a secure alternative for INR users on its platform. Bybit Aims to Enhance INR Payments With Launch of Digital Rupee Bybit, a digital currency trading...

Digital euro to be ‘most private electronic payment option’

30.7.2024
Since the inception of the digital euro, many critics have called the proposed digital currency a surveillance tool

Nigerian CBDC Adoption Lags, Makes Up Less Than 1% of Currency in Use

30.7.2024
Nigeria’s central bank digital currency, known as the eNaira, was the first of its kind in Africa. However, it currently represents only about 0.36% of the total currency in circulation. Nigerian experts attribute the slow adoption of the e-naira to its perceived lack of significant benefits...

Bank of England to Carry Out CBDC, Digital Ledger Experiments

30.7.2024
In a new discussion paper, the U.K. central bank also said it wants to ensure stablecoins are interchangeable with the pound

Slovenia Launches First Digital Bond in EU Sovereign History

30.7.2024
On July 25, 2024, Slovenia issued its first digital bond, marking a significant milestone as the first EU sovereign and one of the earliest worldwide to do so. The bond issuance occurred under the European Central Bank’s (ECB) wholesale central bank money settlement experimentation program....

Hong Kong Police Arrest Quartet Accused of Using Counterfeit Banknotes to Swindle Crypto Traders

30.7.2024
A group of four Hong Kong fraudsters, who swindled victims’ digital assets worth $1.4 million between October 2023 and July 2024, have been apprehended. The suspects, aged 14 to 39, are charged with conspiracy to defraud and possession of 5,000 counterfeit banknotes. According to Hong Kong laws...

Bitcoin Giant Moves 777.91 Bitcoins Worth $52M After 7 Years

30.7.2024
Following the activation of a dormant bitcoin address from 2017, which transferred 210 bitcoins at block height 854,501, another inactive wallet created on April 9, 2017, moved 777.91 BTC worth over $52 million roughly 35 blocks later. Notably, the owner of the bitcoin might be the same entity that...

Blackrock Warns of Rising Crypto Investment Scams

30.7.2024
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments. Blackrock noted...

Bill targeting illicit use of crypto passes US House: Law Decoded

29.7.2024
Legislation focuses on preventing illicit cryptocurrency activities while safeguarding consumer choice

21shares Announces Chainlink Integration for Real-Time Ethereum Reserve Verification

29.7.2024
21shares announced it has integrated Chainlink’s Proof of Reserve on Ethereum mainnet to bolster the transparency of the 21shares Core Ethereum exchange-traded fund (ETF), also known as CETH. The crypto exchange-traded product (ETP) issuer said this integration aims to provide real-time...