Binance CEO Changpeng “CZ” Zhao says there is room for CBDCs and crypto, and that he didn’t see it as a threat to his company or the sector. Binance CEO Changpeng “CZ” Zhao appears to have softened his stance on central bank digital currencies (CBDCs), arguing in a conference that he doesn’t think CBDCs are...Continue Reading

Silverblood says using Bitcoin Cash as payment method “makes sense” because it’s part of his income and it’s less effort than some of the other forms of payment I use.” When programmer Jonathan Silverblood flew to Townsville, Australia from his Finland home for a two-and-a-half-month holiday in August, he had one main task — pay...Continue Reading

The MAS Chief Fintech Officer said the successful test was “a big step towards enabling more efficient and integrated global financial networks.” Multinational banking firm JP Morgan has successfully executed its first ever cross-border transaction using decentralized finance (DeFi) on a public blockchain. The trade was facilitated by the Monetary Authority of Singapore’s (MAS) Project...Continue Reading

An “end-to-end toolkit” for creators to make, show, and sell “digital collectibles” is coming to the social media platform Instagram. Social media platform Instagram is set to introduce a number of nonfungible token (NFT)-related tools that will allow creators to mint, show and sel NFTs. Instagram parent company Meta said on Nov. 2 during its...Continue Reading

Australian and U.S. digital asset lawyers told Cointelegraph that by and large, the words on their own as “pretty useless.” Crypto influencers may need to practice what they preach and “do their own research” when it comes to sharing their crypto tips. According to several digital asset lawyers, the popular disclaimer “this is not financial...Continue Reading

FINMA said it stood by an AML ordinance requiring identity checks for transactions of virtual currencies to cash or “other anonymous means of payment” exceeding 1,000 Swiss francs. The Swiss Financial Market Supervisory Authority, or FINMA, has announced it will be extending an anti-money laundering ordinance which requires identity checks for reporting certain crypto transactions....Continue Reading

The hacker appears to have drained the platform of 1.1M NEAR tokens, worth an approximate $3 million dollars USD at time of publication. Skyward finance, an IDO platform enabling fair token distribution for projects on the NEAR Protocol, has reportedly been exploited for 1.1M NEAR tokens, worth an estimated $3 million USD at time of...Continue Reading