Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), has put forth an innovative proposal to enhance India's payment ecosystem. The plan involves integrating an AI-powered conversational payment system into the country's unified payments interface (UPI)....
The United States Securities Exchange Commission has made moves to appeal the recent ruling in its lawsuit against Ripple. In a letter addressed to Judge Analisa Torres on August 9, 2023, the SEC contended that the court's decisions...
Russia's Central Bank has announced that the anticipated pilot testing program for its central bank digital currency (CBDC), known as the digital ruble, is set to kick off on August 15, 2023. According to the Bank, this testing...
Alchemy Pay has announced a partnership with the Decentralized USD (USDD) team in another move to bolster its off-ramp services. The partnership, announced on August 8, 2023, will see Alchemy Pay integrate USDD into its Ramp platform, thus...
Brazil's central Bank, Banco Central do Brasil (BCB), announced on August 7, 2023, that their digital currency (CBDC) will now be called "Drex" instead of "Real Digital." According to the Central Bank’s official statement, the name "Drex" is...
Curve Finance has announced a bounty of $1.85 million for anyone who can aid in identifying the mastermind behind the protocol's recent exploit, which resulted in the loss of digital assets worth over $70 million from the protocol's...
Coinbase has filed a motion seeking to dismiss the lawsuit brought against it by the U.S. Securities Exchange Commission (SEC). In a court filing submitted on August 4, 2023, the exchange accused the U.S. SEC of overstepping its jurisdiction. ...
XRP Healthcare and Spiritus Medical have announced a strategic partnership to bring cutting-edge ventilator technology to Africa. The partnership will see the two companies work together to distribute the SPIRITUS VITALITY Ventilator to medical facilities on the continent,...
Bankrupt crypto exchange FTX has taken legal action to exclude its Dubai division from its ongoing bankruptcy proceedings in the United States. In the court documents filed on August 3, 2023, FTX claimed that its Dubai unit did...
BlockFi, the bankrupt crypto lender, has received conditional approval from the U.S. Bankruptcy Court in New Jersey for its reorganization plan. In a joint announcement made on August 2, 2023, BlockFi and its Creditors revealed that the reorganization...
