In a recent update, a commissioner at the United States Securities and Exchange (SEC), Hester Pierce, criticized a report by
Category: Blockchain Technology
Hong Kong Join Forces with Saudi Arabia to Promote Financial Innovation
On July 26, the Hong Kong Monetary Authority (HKMA) signed a memorandum of understanding with the Saudi Central Bank (SAMA)
Palau Launches USD-Backed Stablecoin Pilot Testing
An announcement conveyed by the government of Palau revealed that the regulatory agencies had been granted legal authority to proceed
Korean Banks Explores Certificate of Deposit Token as CBDC and Stablecoin Alternative
In a recent update, private commercial banks in South Korea have teamed up to tokenize the depository services. The research
US House Republicans Introduces New Bill on Crypto Oversight
On Thursday, July 20, the US House of Republicans introduced a new bill addressing the regulatory uncertainties in the crypto
South Korean Shinhan Bank Completes Second Phase of Stablecoin Remittance Pilot Test
On Tuesday, July 18, the South Korean Shinhan Bank announced the successful completion of the stablecoin proof-of-concept (PoC) pilot trial.
Philippines Blockchain Council Projects Crypto Adoption to ‘Snowball’
An announcement conveyed by the founder of the blockchain council of the Philippines (BCP), Donald Lim, revealed that the country
Nigerian Stakeholders Considers Crypto tax as ‘Premature’
On May 28, Nigerian President Muhammadu Buhari green-lighted the Finance Act 2023, aiming to increase revenue streams, maintain fiscal transparency,
UK Government Approves New Bill Recognizing Crypto Assets as Regulated Financial Activity
A press release by issued the UK government on June 29, confirmed that King Charles III granted Royal Assent to
Canadian Committee Proposes Regulatory Measures to Support Blockchain and Crypto Technologies
In a report issued by Canadian Standing Committee on Industry and Technology (INDU), the policymakers demonstrated their positive stance on