Kyrgyzstan President Sadyr Zhaparov has signed a constitutional law authorizing the launch of a central bank digital currency pilot project while also giving the “digital som” — the national currency in digital…
Category: regulation
Wyoming commission floats whether stablecoin is ‘covered’ by SEC rules
The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, has suggested that it may clarify its language to better comply with potential guidelines from the…
Trump blasts ‘too late’ Powell for not cutting interest rates
US President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell, accusing him of being too slow to cut interest rates and escalating a long-running conflict that risks undermining the…
How Meta’s antitrust case could dampen AI development
Meta, the parent company of Facebook, Instagram, WhatsApp and Messenger, is facing antitrust proceedings that could limit its ability to develop AI amid a field of competitors. First filed in 2021, the…
Jio partnership to drive real-world Web3 adoption for 450M users
As Polygon lays the groundwork for mainstream Web3 adoption in India by bringing blockchain access to over 450 million Reliance Jio users, it remains focused on balancing speed, scalability and affordability, without…
Binance helps countries with Bitcoin reserves, crypto policies, says CEO
Cryptocurrency exchange Binance is involved in discussions on establishing strategic digital asset reserves with several countries, its CEO, Richard Teng, reportedly said. Binance has been advising multiple governments on establishing strategic Bitcoin…
US court pauses 18-state lawsuit against SEC after agency’s leadership change
A US federal judge has agreed to pause a lawsuit filed by 18 state attorneys general and the crypto lobby group DeFi Education Fund against the Securities and Exchange Commission after all…