Search Results for: cbdc

Quantum Xchange Named to Telecom Council’s Innovation Showcase Class of 2023

Quantum-Safe, Secure Networking and Communications Visionary Joins Prestigious Cohort of Young Companies Poised to Disrupt the Communications Industry BETHESDA, Md. & SUNNYVALE, Calif.–(BUSINESS WIRE)–#BeCryptoDiverse—Quantum Xchange, delivering the future of encryption with quantum safe crypto-agility, visibility, and management solutions, today announced it has been selected to join the 2023 Innovation Showcase

July 13, 2023 3 mins read

Digital Asset Custodians in the Current Crypto Regulatory Landscape With Arthit Sirumporn

Crypto custodians play a crucial role as the guardians of users’ crypto funds by safekeeping their private keys. The collapse of FTX has altered the complete scenario. The crypto custody industry is currently working on regaining trust worldwide. TheNewsCrypto engaged in an interview with Arthit Sriumporn, the founder and CEO

July 13, 2023 5 mins read

Namibia Enacts Virtual Assets Act 2023 To Regulate Crypto Sector

National Assembly of Namibia Passes Crypto Regulation Bill

The National Assembly of Namibia has passed a law offering regulation of cryptocurrencies and digital assets. Thus, becoming the latest country in Africa to do so. A measure to govern virtual assets, cryptocurrencies, and VASPs in Namibia was enacted by the lower house of parliament on June 22. The purpose

July 7, 2023 1 min read

UK Law Enforcement Can Seize Crypto Assets Linked to Criminals

After the House of Lords adopted the Economic Crime and Corporate Transparency Bill on Tuesday, British law enforcement will have new options for seizing and freezing offenders’ crypto holdings. While the bill as a whole was amended during previous sessions to ensure its provisions applied in cases of terrorism and

July 5, 2023 2 mins read

Founders of Insolvent 3AC Lure Investors With Reimbursement Scheme

Several months after their failed hedge firm 3AC went bankrupt, its founders launched two new businesses: a cryptocurrency exchange platform called OPNX and a new hedge fund named 3AC Ventures. So far, the 3AC ventures website consists just of a generic message requesting potential investors to send them an email.

July 4, 2023 1 min read

Thailand SEC Announces New Stringent Regulations for Crypto Firms

In order to safeguard investors, the Securities and Exchange Commission (SEC) of Thailand has announced new regulations for companies that offer services related to digital assets. In accordance with the new regulations, companies providing digital asset services must clearly communicate the dangers of investing in cryptocurrencies. A predefined message must

July 3, 2023 2 mins read

Robinhood Acquires Credit Card Firm X1 for Whopping $95 Million

By purchasing X1, a company in the credit card industry, for $95 million, Robinhood has made a fresh move to diversify its business portfolio. The financial technology company provides prepaid and one-time use credit cards, as well as an income-based rewards credit card. According to a statement released by Robinhood

June 24, 2023 1 min read

Turkey Sees Surge in Crypto Adoption Amid Inflation Crisis

Turkey Raises Interest Rate by Whopping 15% To Combat Inflation

Turkey’s central bank delivered a significant interest rate rise on Thursday, signaling a turn towards more traditional economic strategies to tackle sky-high inflation. The bank’s benchmark interest rate was increased by 6.5 basis points, to 15%. The first hike since March 2021, represents a leap from the current 8.5% but

June 22, 2023 1 min read

BitGo Secures In-Principle Approval for MPI License by Singapore's MAS

Singapore MAS Proposes Universal Protocol for Different Cryptocurrencies

The Monetary Authority of Singapore (MAS), has proposed a universal protocol that would outline the parameters for the usage of different cryptocurrencies. The Monetary Authority of Singapore (MAS) released a white paper on its new Purpose Bound Money (PBM) concept on June 21. The report details the idea’s lifespan and

June 21, 2023 1 min read

Blockchain Futurist Conference Returns to Toronto August 15-16th

Canada Crypto Week Kicks off with the Country’s Largest & Longest Running Crypto Conference Back for its 5th Year TORONTO–(BUSINESS WIRE)–Untraceable, a veteran blockchain events company that has been organizing crypto events for over a decade, announces that the 5th annual Blockchain Futurist Conference is set to take place on

June 20, 2023 4 mins read