Joseph Longo, the chairman of the Australian Securities and Investments Commission (ASIC) is calling for a regulatory loophole to be closed that allowed FTX to acquire an Australian Financial Services License (AFSL) in the country without the full suite of ...
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Network International Launches Ghana Centre
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Network International, a digital commerce enabler for the Middle East and Africa (MEA), is to launch a new office and data centre in Ghana. The facility is to drive revenue and profitability to customers, helping businesses and economies prosper. The ...
Ripple CTO shuts down ChatGPT’s XRP conspiracy theory
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Ripple’s chief technology officer has responded to a conspiracy theory fabricated by Artificial Intelligence (AI) tool ChatGPT, which alleges the XRP Ledger (XRPL) is somehow being secretly controlled by Ripple. According to a Dec. 3 Twitter thread by user Stefan ...
India’s Central Bank Digital Currency Should Be Able to Do Anything Cryptocurrency Can Do With No Risk, Official Claims – Regulation Bitcoin News
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An Indian central bank official claims that if there is anything cryptocurrencies like bitcoin and ether can do, the Reserve Bank of India (RBI) should be able to create a product that will do the same job without the associated ...
Rumors of a new native ‘Twitter Coin’ emerge while Dogecoiners remain hopeful
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Social media users are swirling around rumors that Twitter is looking at introducing its own native asset called “Twitter Coin” to be used for payments and tipping on the platform. Some are citing the initial reports from sources such as ...
Bitcoin Could Fall to $5,000 Next Year – Markets and Prices Bitcoin News
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Standard Chartered Bank says the price of bitcoin could drop to $5,000 next year. The bank’s analyst explained that cryptocurrencies could fall further and more crypto firms could “succumb to liquidity squeezes and investor withdrawals.” Standard Chartered Bank’s $5K Bitcoin ...
US consumer watchdog probes crypto firms over deceptive ads
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Several crypto firms are facing a probe from the United States Federal Trade Commission (FTC) over possible deceptive or misleading advertisements relating to cryptocurrencies. According to a Dec. 6 report from Bloomberg, FTC spokeswoman Juliana Gruenwald said the watchdog is ...
Kentucky to scrutinize contracts offering cheaper electricity to miners
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The Kentucky Public Service Commission (PSC) has reportedly opened a formal investigation into two proposed contracts that would offer discounted electricity prices to new crypto-mining operations. According to a Dec. 5 statement from environmental law group Earthjustice, the government department ...
HashKey and SEBA Bank Collaboration to Power Digital Asset Adoption Worldwide
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HashKey Digital Assets Group and SEBA Bank‘s new partnership has its sights set on accelerating the institutional adoption of digital assets in Hong Kong and Switzerland. HashKey and SEBA Bank are leveraging each other’s digital asset service offerings and custody ...
Metaverse comes in second place as Oxford’s word of the year
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“Metaverse” has come in second to “goblin mode” as the Oxford University Press’ 2022 word of the year after the process was opened up to voters for the first time ever. In a Dec. 4 announcement, Oxford Languages said the viral ...