December 11, 2023 By Anjali Kochhar Deloitte’s KYX – shipping giant Hapag-Lloyd will be the first to use it’s Know Your clients and Know Your Goods – Framework. One of the “Big Four” accounting companies, Deloitte, has a branch that specializes in providing supply-chain and logistics services for the shipping sector. Kilt, a blockchain platform […]

December 11, 2023 By Sharan Kaur Phillora In a significant development in the digital currency arena, Boyaa Interactive International, a prominent online card and board game developer headquartered in Hong Kong, has announced a bold venture into the cryptocurrency domain. With its roots dating back to 2004 and its listing on the Hong Kong Stock

December 8, 2023 By Anjali Kochhar The custodial company Metaco, which is owned by Ripple, is utilizing IBM’s latest Offline Signing Orchestrator technology. With the release of IBM’s cryptographic signing technology, managing digital assets in cold storage can now be done with less risk compared to manual processes and asset segregation from the internet. In

December 8, 2023 By Sharan Kaur Phillora In a decisive move to combat fraudulent activities in the cryptocurrency sector, the Securities and Futures Commission (SFC) of Hong Kong has taken stern action against two crypto entities, the Hong Kong Digital Research Institute (also known as HongKongDAO) and BitCuped. This crackdown, announced on December 6, 2023, was

December 7, 2023 By Sharan Kaur Phillora The non-fungible token (NFT) market is experiencing a resurgence, mirroring the upward trend in cryptocurrencies like Bitcoin, Ether, Solana, and Polygon. This revival is highlighted by the increasing prices of NFT collections associated with these digital currencies. Here’s what we know: Recent market data reveals a significant increase in

December 7, 2023 By Anjali Kochhar In a significant move signalling the growing acceptance of cryptocurrencies in traditional banking, Brazil’s largest bank, Itaú Unibanco, has reportedly unveiled a cryptocurrency trading service for its clients, as reported by Reuters. The initial phase of this offering includes the trading of leading cryptocurrencies Bitcoin (BTC) and Ethereum (ETH),

December 6, 2023 By Sharan Kaur Phillora In a bold move, the Bank of England has unveiled a proposal aiming to impose stricter regulations on stablecoins, echoing concerns raised by the U.S. Federal Reserve earlier this year. The proposal centres around a business model that the Federal Reserve had deemed “unsafe and unsound” in January,

December 6, 2023 By Sharan Kaur Phillora China, Japan, and South Korea have announced a significant collaboration in advanced technology sectors such as big data, blockchain, and artificial intelligence (AI). This collaboration, unveiled during the 10th China-Japan-ROK Foreign Ministers’ Meeting in Busan, South Korea, represents a strategic endeavor to boost regional technological prowess and economic integration.

December 5, 2023 By Anjali Kochhar The world of finance and investing has been undergoing a major revolution since the introduction of cryptocurrency. In the ever-evolving landscape of digital assets, Non-Fungible Tokens (NFTs) have emerged as a revolutionary force, reshaping the way we perceive and trade digital content. NFTs, unique cryptographic tokens that represent ownership

December 5, 2023 By Sharan Kaur Phillora Under the leadership of Adrienne Harris, the New York State Department of Financial Services (NYDFS) has emerged as a formidable force in the world of cryptocurrency regulation. Appointed as the superintendent in August 2021 and later confirmed by the State Senate in 2022, Harris has been instrumental in