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The Pheu Thai Party, a political party in opposition to the current Thailand prime minister's, has reportedly proposed giving nearly every citizen of the country roughly $300 in digital currency should it win the next election.According to an April 7 report from the Bangkok Post, the Pheu Thai Party announced
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“Our country has been economically bruised over the last eight years, with less income and more expenses for the people,” Thavisin is quoted by Bloomberg as saying. “The current government has been feeding IV drips with small money handouts. That’s not the right way and doesn’t stimulate the appropriate and
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According to Circle, the bulk of its reserve for the USDC stablecoin is domiciled in US Treasury Bills. Crypto startup Circle, the issuer of the USD Coin (USDC) stablecoin has announced that the USDC reserve risk being nursed by the firm’s key customers has been removed. As shared in a
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The National Bank of Ukraine (NBU) has expressed a mixed stance on cryptocurrencies like Bitcoin (BTC) after a year of war in the country.The central bank of Ukraine sees both good and bad in virtual assets, taking a more skeptical approach to crypto due to financial and economic issues caused
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The mini-game officially launched on Nov. 7, 2022, and remained open until Jan. 2, 2023, though many in the community were disappointed with the finished product. Ben told CoinDesk the game was a “slap in the face,” and that it had many loopholes for players to cheat, rack up funds
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“The CFTC has brought important, precedent setting cases against those who illegally offer derivatives or leveraged, margined or financed digital asset products to US customers or operate within the United States,” he said, promising to use “the full breadth of the commission’s authority” in going after illegal transactions in digital
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About half of the estimated 500 companies attending the 2023 annual World Economic Forum (WEF) event in Davos, Switzerland, are technology companies and startups. You see them stretching out over the Promenade – the main street running through the city center where all the action happens. The showcases are demoing
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The former FTX boss said he will share details about what he knows of the exchange “in time”.Brett Harrison, the former President of the United States offshoot of the now-bankrupt FTX Derivatives Exchange has promised to share additional details about the operations of the trading platform. Harrison revealed this via
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Proof of reserves is an audit method adopted by cryptocurrency exchanges in the aftermath of FTX's collapse to prove that the custodian, in this case, OKX, isn't lending out customer funds, as FTX did, and has the assets it claims to hold on behalf of its users. They have, nevertheless,
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