The Bank for International Settlements (BIS) proposed a unified ledger in 2023 to bring central bank digital currencies (CBDCs), tokenized deposits, and other tokenized assets onto a shared platform. The goal was to make financial transactions faster and...
Bankrupt Bitcoin miner Core Scientific has submitted its Chapter 11 bankruptcy plan to the Houston Division of the Southern District of Texas Bankruptcy Court. The filing indicates the company's active pursuit of consensus from key stakeholders regarding the...
A bipartisan group of US lawmakers has introduced a bill to establish a commission that would evaluate the country's approach to artificial intelligence (AI) and formulate regulations for the AI sector. Reps. Ted Lieu, Ken Buck, and Anna...
On June 21, 2023, WisdomTree, a New York-based asset management fund, filed another application for approval from the United States Securities and Exchange Commission (SEC) to list its "WisdomTree Bitcoin Trust" on the Cboe BZX Exchange. The company's...
Deutsche Bank, Germany's largest bank, has taken a significant step into the world of crypto custody by applying for registration as a digital asset custody service provider. This move comes as traditional financial institutions, including banks and asset...
The European Investment Bank (EIB) has announced the launch of a blockchain-based digital bond supported by node infrastructure and incorporating environmental incentives. This groundbreaking bond, known as the "Climate Awareness Bond," is denominated in Swedish krona and is...
Alibaba Group Holding Limited has announced a significant leadership restructuring, with Joseph Tsai, an investor and crypto enthusiast, set to become the company's chairman. Tsai, currently serving as the executive vice chairman and co-founder of Alibaba, will replace...
John Deaton, a vocal pro-Ripple attorney, has spotlighted the potential effectiveness of the Safe Harbor concept in addressing the lawsuit filed by the US Securities and Exchange Commission (SEC) against Ripple. Deaton believes that adopting this legal clause...
Do Kwon, the CEO and co-founder of Terraform Labs, has been found guilty of forging documents by a Montenegro court. The court announced its decision today, sentencing Kwon to four months in prison. Furthermore, the court ordered the...
A recent study conducted by financial research firm, Investment Trends, on behalf of the Australian Securities Exchange (ASX) has revealed a surprising trend among young Australian investors. According to the study, approximately one-third of these young investors currently...
