According to reports, Gulf Energy Development CEO Sarath Ratanavadi has pledged to diversify some of the firm’s income by investing in blockchain ecosystems. Despite the widespread market crash and the tough position taken by local watchdogs, the decision was made. Furthermore, as per estimates, Ratanavadi is Thailand’s second-wealthiest citizen. His
The sandbox environment is open to unlicensed financial service businesses. The sandbox has been created in partnership with Emtech Solutions Inc. As part of its aim to continually create a favorable regulatory framework that supports innovation, financial inclusion, and economic security, the Ghanaian central bank has announced the opening of
It was said that forty influential individuals had signed up for the forum so far. There will be a Web 3.0 regulatory sandbox, as promised by the Telangana government. The trading and dealing of digital assets in India have been met with several regulatory obstacles. But some very important people
DLT networks may have a significant impact on the amount of energy used by assets. Energy-efficient contactless payments might be implemented for CBDCs. An IMF research report on how DLT-based payment systems might have a lower energy and environmental impact than current methods was tweeted by Binance CEO Changpeng Zhao
There have been 111 transactions totaling 550,351,774 tokens (550.35M). The listing of SHIB on the Binance Card was another significant milestone. The SHIB Burn Portal has been used by the community to burn almost half a billion Shiba Inu (SHIB) in the last six days. A total of 120 Bone
The inquiry will look at how the nation currently regulates digital assets and cryptography. All thoughts from the people should be shared by Sep 5 according to the committee. A parliamentary committee in the United Kingdom (UK) called the Crypto and Digital Assets All Party Parliamentary Group (APPG) recently declared
The US and UK regulators collaborated to enlarge cryptocurrency regulation. The Working Group wants to strengthen regulatory outcomes for stablecoins across jurisdictions. According to a recent press release from the U.S Department of the Treasury, the Financial Regulatory Working Group of the U.K and the U.S, recently conducted an official
The conceptual design of the future digital rupiah would be released by the end of 2022. The digital rupiah’s security measures are now being developed by Bank Indonesia. Indonesia’s central bank is aiming to create a new digital rupiah in large quantities. Regulators aim to make sure that the new
Mercado Bitcoin is going to obtain a licence in Mexico and operate very soon. This may be the biggest competition for the crypto exchange Bitso. Mercado Bitcoin, a Brazilian crypto exchange, might start operating in Mexico as early as 2022 if the regulatory license is granted. Mexican regulators have yet
According to FCA, U.S and U.K relations on crypto regulation will strengthen. The U.S. and U.K. will regulate stablecoins and investigate CBDCs. Nikhil Rathi, CEO of the U.K. Financial Conduct Authority (FCA), spoke about the FCA’s regulatory objectives on Wednesday at the Peterson Institute for International Economics. The CEO of
