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The ICO’s Regulatory Sandbox aims to support organisations who are creating products and services which utilise personal data in innovative and safe ways. The Betting and Gaming Council entered the Sandbox to explore the gambling industry’s development and trial
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Blockchain developer Pedro Magalhães claims that he has successfully reverse-engineered the source code of Brazil’s pilot central bank digital currency (CBDC). He revealed the existence of functions that empower a central authority to freeze funds or
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A blockchain developer who claims to have reverse-engineered the source code of Brazil’s pilot central bank digital currency has discovered functions in the code that would allow a central authority to freeze funds or reduce balances. He has since argued, however, that there could be situations that such functions could be
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The DoJ prosecutors have eliminated five charges relating to fraud, conspiracy, and bribery initially levied against the disgraced FTX founder. In a court filing on Wednesday, June 14, prosecutors with the US Department of Justice (DoJ) told the district judge that they would be proceeding with eight charges in the
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Binance.US and Changpeng Zhao (CZ) are looking to reduce the latter’s majority stake and influence over the crypto exchange, due to increasing scrutiny from U.S. regulators in recent months. Curbing unnecessary regulatory scrutiny In a bid to tackle
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One example of an early investor appearing to ditch PEPE is pseudonymous crypto trader “vxv.eth.” The wallet has accumulated 1.3 trillion tokens since its initial purchase on April 17, Nansen data shows. Early Thursday, the account transferred its PEPE stash worth $2.1 million to crypto exchanges Gemini and UniSwap, completely
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Cryptocurrency miners based in the United States could soon face a tax equal to 30% of the cost of electricity they use if President Joe Biden’s proposed budget for the fiscal year 2024 is approved by Congress, but the proposal has sparked debate about whether it would actually decrease global
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After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response. The intervention aimed to furnish U.S. dollar liquidity, with the intention of alleviating the impact of such severe shocks on
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The governor of the Zimbabwean central bank, John Mangudya, recently revealed that his institution is planning to introduce a gold-backed digital currency. According to the governor, the soon-to-be-introduced gold-backed digital currency is expected to help diminish local residents’ demand for the U.S. dollar. Taming High Demand for the US Dollar The
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Emmanuel Macron, president of France, clarified his position on the future of Europe and its relations with China and the U.S. in the short term. Returning from his visit to Beijing, Macron believes that Europe should avoid getting caught up in a conflict between the U.S. and China, and reduce
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