Deutsche Bank Files for Digital Asset Custody License
Deutsche Bank is a $1.4 trillion banking enterprise that has recently filed for a cryptocurrency license. After the announcement of the Bitcoin ETF application filed...
European Regulators have Decided to Put Digital Euro on Hold
The regulators of the European Union are taking an easy approach toward their Digital Euro program. A bill concerning the distribution of the newly digitized...
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...
JP Morgan Patents Finance-themed Chatbot, IndexGPT
In its recent disclosure, the American financial giant JPMorgan Chase confirmed seeking a trademark application for its chatbot. The finance-themed bot identified as IndexGPT is...
Dispersion Capital Establishes $40M Funding for Decentralized Infrastructure
The update released by Dispersion Capital on Tuesday, May 23, indicates that the venture capital specialist in early-stage firms is set to fund decentralized infrastructure...
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,...
Central Bank of Zimbabwe Introducing Gold-Backed Digital Currency
The Zimbabwean apex bank plans to launch a gold-backed digital currency which will become the country's legal tender. The government decision was triggered by the...
Bank of England Completes CBDC’s Distributed Ledger Technology Pilot Testing
The Bank of England (BoE), in collaboration with the London-based Bank for International Settlements (BIS), has completed experimenting with central bank digital currency (CBDC). The...
Coinbase to Support UK in Developing Web3 Innovation Center
An April 17 report captured by Sky News revealed that the UK Treasury plans to restore the Asset Management Taskforce (AMT) operation to expedite the...
US House Committee Releases Draft Stablecoin Bill
The US House of Representatives has published a draft bill outlining the regulatory framework for stablecoins. The 72-page report has incorporated the procedures for paying...