June 29, 2023 By Anjali Kochhar In a recent report published by the International Monetary Fund (IMF), it has been revealed that interest in Central Bank Digital Currencies (CBDCs) is rapidly increasing in Latin America and the Caribbean. The region, known for its vibrant fintech landscape, has witnessed a surge in discussions and initiatives surrounding […]

June 29, 2023 By Sharan Kaur Phillora In a significant move to foster cryptocurrency adoption, Hong Kong’s largest bank, HSBC, has begun offering its customers access to Bitcoin and Ethereum futures Exchange Traded Funds (ETFs) on the Hong Kong exchange as of Monday, June 26, 2023. Here’s what we know:  The Hong Kong Monetary Authority

June 28, 2023 By Sharan Kaur Phillora Malaysia and China have entered into a groundbreaking partnership aimed at harnessing the potential of artificial intelligence (AI) to enhance the cross-border application of blockchain technology.  Here’s what we know: The collaboration brings together the Chinese Academy of Information and Communications Technology (CAICT) and Malaysia’s Universiti Malaya (UM), bolstered

June 28, 2023 By Anjali Kochhar Blockchain Australia, the leading crypto industry body in the country, has announced Simon Callaghan as its new CEO, with a vision to expedite the regulatory process for cryptocurrencies. Callaghan aims to steer Australia’s crypto rulemaking by taking cues from countries like the United Kingdom, Hong Kong, and Singapore, rather

June 27, 2023 By Murtuza Merchant Once more, the crypto-sphere is abuzz with chatter of its impending doom due to the SEC’s fresh wave of actions. However, contradicting the doomsayers, the financial behemoth BlackRock has something bold up its sleeve. BlackRock recently made waves by announcing its plan to roll out a Bitcoin Exchange Traded

June 27, 2023 By Sharan Kaur Phillora In a groundbreaking legal battle, luxury brand Hermes has emerged victorious in its bid to permanently halt artist Mason Rothschild’s sales of “MetaBirkin” non-fungible tokens (NFTs).  Here’s what we know: The US court ruled in favor of Hermes, declaring that Rothschild’s NFTs infringed upon the trademark rights of

June 26, 2023 By Anjali Kochhar In a significant development for the global cryptocurrency industry, blockchain firm Ripple announced on Thursday that it has received in-principle regulatory approval to operate in Singapore. This comes as welcome news for Ripple and the broader crypto community, which has been grappling with increasing regulatory scrutiny in the United States.

June 26, 2023 By Sharan Kaur Phillora In an unexpected move, the German Intelligence Agency, Bundesnachrichtendienst (BND), has initiated a recruitment campaign using non-fungible tokens (NFTs).  Here’s what we know: The “Dogs of BND” NFT collection, a nod to the service dogs at the agency’s Pullach branch, seeks to engage individuals proficient in blockchain and

June 23, 2023 By Anjali Kochhar Chimpzee NFT passports have emerged as one of the most sought-after collections in the world of non-fungible tokens (NFTs) this year. While they present an excellent financial investment opportunity, their significance goes beyond just monetary gains. These unique digital assets are actively contributing to wildlife conservation and the fight

June 23, 2023 By Anjali Kochhar In a bid to establish itself as a prominent Web3 hub and fortify its virtual asset licensing regime, Hong Kong officials have pledged to introduce regulations for stablecoins by 2024. The city’s commitment was emphasised during the South China Morning Post’s China Conference: Hong Kong 2023. Christopher Hui Ching-yu,