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...
Justin Sun’s Fraud Charges Causes Licensing Challenges for Huobi in Hong Kong
The US fraud allegations against Justin Sun have created challenges for Huobi, as it seeks to obtain a license in Hong Kong. Despite not being...
Chinese Banks Extend Vital Support to Hong Kong Crypto Firms, Confirms CZ
In an unexpected twist, Chinese state-owned banks have emerged as a critical ally for cryptocurrency firms seeking to return to Hong Kong, with Binance CEO...
Chinese Tech Giants Plans to Cut Off Jobs
According to information, two technological giants in China, Bytedance, and Tencent, are strategizing to implement several job cuts in their ecosystem divisions. One of the...
Stocks Surge Ahead of the Inflation Test in the United States
The yen has strengthened as investors anticipated the Bank of Japan will examine the unintended consequences of its ultra-loose policy. Stocks, on the other hand,...