China Unveils Social Credit System for Metaverse Users
A new proposal in UN from China talks about the issuance of digital IDs and real-world litigation for offenses taking place in Metaverse. It means...
Singaporean Authorities to Seize $735 Million in Money Laundering Case
Law enforcement agencies in Singapore are cracking down on a major money laundering scheme. The police officials and investigators have managed to apprehend the key...
Kuwait’s Regulator Bans All Crypto-Related Activities
The regulatory authorities in Kuwait have now imposed an absolute ban on all cryptocurrency-related activities under their jurisdiction. On this front, the Central Bank of...
Chinese Investors Present in Reserve Statements Tether Attempted to Hide
Reviewing the documents submitted to the New York Attorney General’s inquiry into Tether validates reports that it stuck to securities that Chinese organizations provided to...
Microsoft and VISA Join Brazil’s CBDC Pilot Project
Brazil is part of the BRICS alliance and the region has been working on the development of a wholesale and retail CBDC project for some...
China Rolls Out National Blockchain Center to Train more than 500000 Professionals
China has launched National Blockchain Center in Beijing. It is a research center directed toward Web3 industry development and progress. The research center has set...
China’s Supreme Court Approves Digital Currencies to Settle Debt Payments
China implemented an exodus from its native crypto industry in September 2021. However, the regulators in the nation have continued to introduce more crypto-friendly legislature....
BRICS’s New World Reserve Currency will Challenge the US Dollar’s Dominance
Around 24 nations around the globe are currently working on joining a new international alliance called BRICS. The alliance started between five nations, namely Brazil,...
Crypto Influencer Evan Luthra Accuses Bitget Exchange of Fraudulent Activity
Renowned cryptocurrency authority Evan Luthra alleges that he has fallen prey to a fraudulent scheme, incurring a loss of over $200,000 on the Chinese cryptocurrency...
Bribery Allegations Against SBF in China Further Complicate Ongoing Legal Case
Sam Bankman-Fried, the embattled founder of FTX, is facing another legal challenge after being hit with a bribery charge. The charge, revealed in a superseding...