SWIFT: Three Central Banks to Start CBDC Testing
SWIFT’s CBDC Testing CBDCs stand for Central Bank Digital Currency and they are digitized versions of a legal tender. According to a recent declaration issued by the Society
Payment Services Provider Venmo Lists PayPal USD Stablecoin
What is Venmo? Venmo is a digital payment application that was acquired by PayPal in 2013. The firm is now set to list the newly issued stablecoin by
Binance CEO CZ Confirms the Departure of Brian Shroder
Binance to Face Regulatory Issues Binance CEO issued a new statement to address the ongoing FUD regarding the cryptocurrency exchange. It is worth noting that Binance.US and Binance
Eight Cryptocurrency Exchanges Control 90% of the Crypto Market Liquidity
Report on Crypto Liquidity At a time when CFTC is strapping its boots for a wagging war against DeFi, a recent report has revealed that the majority of
Hong Kong Issues Warning to Crypto Firms Posing as Banks
Hong Kong’s Warning to Crypto Companies The regulators in Hong Kong have recently issued a warning against cryptocurrency enterprises that are posing as regulated firms. The HKMA has
CFTC Issues Regulatory Warning to DeFi Investors
CFTC’s Warning The Commodity and Futures Trading Commission (CFTC) is also participating in regulatory scrutiny of the crypto sector. Ian McGinley is the director of enforcement at CFTC
New Data Reveals North Korea’s Lazarus Group Responsible for $55 Million CoinEx Attack
CoinEX’s Hack Attack The notorious Lazarus Group has been traced back to the CoinEX exchange hack attack. The exploit led to the loss of $55 million in virtual