Tuesday, May 7, 2024
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Crypto mining hardware retailer Phoenix Technology mulls IPO in UAE: Report

Crypto mining hardware provider Phoenix Technology is reportedly starting discussions to conduct an initial public offering (IPO) in the United Arab Emirates, according to a report by Bloomber. The Bloomberg report cites anonymous sources who explained that discussions around the matter are still ongoing and the details are not yet finalized. Phoenix Technology is

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UK Move to Digitize Trade Documents Could Rely on Blockchain Technology, Government Says

The act’s significance “is that it allows electronic documents to be treated as legally analogous to paper if they meet certain criteria,” Law Commissioner Sarah Green told CryptoX in an emailed statement, adding that blockchain technology happens to be one of the means by which such documents can meet those

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UK FCA to introduce permanent digital sandbox for technology startups

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The UK’s Financial Conduct Authority (FCA) will introduce a Digital Sandbox to support technology firms during their early product development stages. The initiative will be permanently available from August 1 and will support emerging technologies such

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BIS, 3 central banks look at DeFi technology for wCBDC FX in interim project report

The Bank for International Settlements (BIS) Innovation Hub published an interim report on Project Mariana, its collaboration with the central banks of France, Singapore and Switzerland, on the use of wholesale central bank digital currency (wCBDC) in tokenized foreign exchange trading. The project is a proof-of-concept that considers questions relating

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Israeli authorities seize crypto from terror organizations, credit new technology

Israel has seized crypto wallets containing millions of dollars intended to fund terror, the country’s National Bureau for Counter Terrorist Financing announced June 28. Israeli Defense Minister Yoav Gallant credited collaboration among the Israeli Defense and Justice Ministries, Israeli intelligence and new technology for the operation, according to local media.Speaking at

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Sony Network Communications Invests $3.5M in Singapore Web3 Company Startale Labs to Explore Blockchain Technology Solutions

"I am excited to strengthen further our collaboration with Startale Labs, a company with advanced Web3 technologies and expertise. We have already been cooperating with Startale Labs by jointly hosting incubation programs, aiming to promote the development of Web3,” Jun Watanabe, President and Executive Officer of Sony Network Communications, said

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Ripple partners with Colombia’s central bank to explore blockchain technology

Banco de la República, Colombia’s central bank, is partnering with Peersyst and Ripple to pilot blockchain technology on the XRP ledger. The Ministry of Information and Communications Technologies (MinTIC) in Colombia will oversee the project, which will use Ripple's recently-launched central bank digital currency (CBDC) platform. Ripple and @Peersyst are partnering

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