Rwandan central bank proceeds with ambitious retail CBDC project
The African country is eyeing a tokenized retail CBDC with offline transfer capabilities as it heads toward a cashless economy. Source link
Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years
The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers while Treasury writes a report. Source link
Philosopher Yuval Noah Harari warns of AI’s risks in finance
The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system. Source link
New South Korean leadership will press for BTC ETF trading
The Democratic Party of Korea promised to allow Bitcoin exchange-traded funds and it expects to follow through, one way or another. Source link
Marathon Digital, Kenyan government discuss crypto policy, energy use
The Kenyan president announced the talks at an American business summit in Nairobi attended by the U.S. commerce secretary. Source link
Australian court rules against Qoin issuer BPS Financial on 4 charges
Qoin still has a class-action suit pending against it in addition to the case brought by regulator ASIC. Source link
Chainalysis will help Tether monitor secondary market for illicit activity
The blockchain analytics firm will provide tools to spot sanctioned and illicit activity and provide market information. Source link
States’ backlash against Binance.US continues with 6th license pulled
Oregon joins five other states that have delicensed Binance.US after former Binance CEO Changpeng Zhao pleaded guilty to felony charges. Source link
Coinbase appeals SEC rulemaking petition denial as promised
Coinbase is continuing its efforts to ensure adequate legislation on cryptocurrency used as securities. After the United States Securities and Exchange Commission (SEC) denied Coinbase’s petition for rulemaking on cryptocurrency on Dec. 15, the crypto exchange appealed the decision on the same day. Coinbase chief legal officer Paul Grewal promised immediate action as soon as…
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Revolut Business reportedly cuts crypto services ahead of new rules
Neobank Revolut will temporarily halt cryptocurrency purchases on its business platform in the United Kingdom at the beginning of the new year, according to a media report. An email informing customers of the decision mentioned only purchasing, implying holding crypto and selling it could go on uninterrupted. Revolut said the pause was needed to give…
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