On Wednesday, July 26, the South Korean authority rolled out an interagency investigation department. The newly launched regulatory body will
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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
Japanese Prime Minister Reaffirms Government Commitment in Web3 Projects
Fumio Kishida, the prime minister of Japan, has announced the government’s commitment to support the growth of the Web3 sector.
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
Nigerian Central Bank Introduces NFC Technology on CBDC for Convenient Payments
A news briefing featured on a media outlet, “The Sun,” revealed the central bank of Nigeria (CBN) has integrated the
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
UK Government Rejects Treasury Committee Proposal to Regulate Crypto as Gambling
On Thursday, July 20, the government of the United Kingdom rejected a bill submitted by the Treasury Committee seeking regulators
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.
Marathon Digital Top Executives Sued for Breaching Fiduciary Duties
Marathon Digital has been accused by its key shareholders of violating fiduciary duties to enrich the top executives. In a
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