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Smart Dubai and DIFC Courts Partner to Explore Blockchain-Powered Judiciary
The Dubai International Financial Centre (DIFC) Courts and Smart Dubai have announced their partnership to develop a “Court of the Blockchain,” for streamlining the legal system, local news outlet Arabian Business reports today, July 30. DIFC and Smart Dubai will reportedly explore how the technology could aid verification of court judgements for cross-border enforcement as…
Former Bank of China exec joins BitMEX operator as non-executive board director
Once reportedly the highest-paid executive at the Bank of China, Wai Kin Chim has joined BitMEX’s parent firm as an independent non-executive board director. 1594 Total views 16 Total shares BitMEX’s parent company 100x Group has hired a financial veteran with a professional background including the Bank of China.According to a Feb. 1 blog post…
Bank of Japan governor says CBDC preparation can’t wait until hour of need
In fresh remarks, Bank of Japan Governor Kuroda Haruhiko said that experiments with a domestic central bank digital currency will begin in spring 2021. 405 Total views 5 Total shares Japan is taking a measured but attentive approach to global interest in central bank digital currency issuance. In his latest remarks published on March 16,…
ECB president calls for crypto regulation in response to Russia potentially evading sanctions
"It’s so critically important that MiCA is pushed through as quickly as possible so we have a regulatory framework within which crypto assets can actually be caught," said Christine Lagarde. 833 Total views 21 Total shares Christine Lagarde, president of the European Central Bank (ECB), has called on lawmakers to approve a regulatory framework on…
Meet the judges that will preside over Coinbase and Binance’s SEC lawsuits
Court filings have revealed the names of the two United States District Court Judges that will preside over the Coinbase and Binance lawsuits brought against them by the U.S. Securities and Exchange Commission.The case of SEC v Coinbase will be heard by District Court Judge Jennifer H. Rearden in the Southern District of New York,…
Mark Cuban says crypto is ‘exactly like the internet stock bubble’
But the statement wasn’t without a few bullish predictions for Bitcoin and Ethereum. 5276 Total views 19 Total shares Billionaire entrepreneur Mark Cuban says the cryptocurrency market is “exactly” like the dot-com bubble of the late-1990s and early 2000s. His statement seems to signal that digital-asset valuations may implode once investor exuberance runs out. “Watching the…
Web3 music streaming brings direct stablecoin payouts to musicians
Web3 is reshaping the music industry as platforms like Audius enable direct stablecoin payouts, offering artists more control over pricing and fan engagement.
U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery?
The U.S. dollar index (DXY) retreated broadly from its prevailing bull run in the past two weeks, dropping by up to 3.20% after hitting its two-decade high of 105.Overvaluation risks grip dollar marketDollar's correction in the last two weeks preceded twelve months of relentless buying. To recap, the greenback's weight against the basket of top…