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Worldcoin rebuts reports of lackluster takeup as Altman cites Japan queues

Amid discussions around the falling interest in Worldcoin —the blockchain project dedicated to building a user identity network — its co-founder Sam Altman shared a video that shows people in Japan lined up to give away their iris scans in exchange for “free” Worldcoin (WLD) tokens.A video shared by Altman shows a

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BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers

In preparation for a meeting of the G20 finance ministers and central bank governors this month, the Bank for International Settlements Innovation Hub (BISIH) submitted two reports — on cryptocurrency and central bank digital currencies (CBDCs) — on July 11. The reports reached very different conclusions about the related technologies.The

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Singapore central bank reports on tokenized asset network models after trials

As asset tokenization continues at a rapid pace, the Monetary Authority of Singapore (MAS) and 11 financial institutions examined infrastructure models to facilitate tokenized asset trading. The key to unlocking the full benefits of the technology is open and interoperable digital asset networks, the MAS said in its Project Guardian

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USDT issuer Tether responds to Chinese securities exposure reports

Stablecoin-issuer Tether has published a lengthy response to reports that the reserves of Tether (USDT), one of the largest stablecoins, once included securities issued by Chinese companies. On June 16, mainstream media outlets including Bloomberg reported that the company once used held securities issued by Chinese state-owned firms. Bloomberg cited documents

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French financial markets ombudsman reports jump in crypto-related mediations

Progress can have its drawbacks, as the French stock market regulator, the nongovernmental Autorité des marchés financiers (AMF), has noticed. According to the AMF ombudsman, digital asset-related mediations rose sharply in 2022, as did the number of registered digital asset service providers (DASPs).In its newly released 2022 annual report, the

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