Author name: Peter

Standard Chartered Bank Begins Offering Digital Yuan Exchange Services in China

Standard Chartered Bank Participates in Digital Yuan Pilot Standard Chartered Bank (China) Ltd. has recently announced that it is now offering digital yuan exchange services to customers, making it one of the first foreign banks to participate in China's central bank digital currency (CBDC) pilot. With its long-standing presence in the Chinese market for 165 […]

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Federal Judge Bars Former Binance CEO CZ from Leaving the U.S. until Sentencing

CZ Restricted from Leaving the U.S. A federal judge has issued an order to prevent former Binance CEO Changpeng Zhao (CZ) from leaving the United States until the court decides on the government's motion. The motion aims to keep CZ in the U.S. until his sentencing. This order comes after a magistrate judge granted CZ

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RC Bullion Review: A Comprehensive Look at a Trusted Precious Metals Provider

Introduction When it comes to investing in physical gold or silver, as well as opening a gold IRA, finding a reliable and trustworthy precious metals provider is crucial. RC Bullion is a well-established company that specializes in selling precious metals and facilitating gold IRAs. In this in-depth RC Bullion review, we will explore everything you

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Tether Achieves Record Valuation of $86.51B; Tron Version Overtakes ETH in Key Metrics

Tether's Market Cap Reaches New Heights Tether, the leading stablecoin in terms of market capitalization, has reached a lifetime high valuation of $86.51 billion. This surge comes after a 3.6% increase in supply over the past month. Currently, the Tron network holds approximately 45.82 billion USDT, while the Ethereum blockchain is home to 40.02 billion

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Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE

Introduction Standard Chartered's ventures arm, SC Ventures, has announced a collaboration with Japanese conglomerate SBI Holdings to establish a digital asset joint venture in the United Arab Emirates (UAE). The joint venture aims to invest in companies operating in various areas of the digital assets spectrum, including market infrastructure, risk and compliance tools, defi, tokenization,

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Do Kwon Faces Extradition Dilemma: Montenegro’s Justice Minister to Decide Between US and South Korea

Judge Will Decide on Do Kwon’s Extradition In a recent decision by the Podgorica High Court, Do Hyeong Kwon, the former chief executive of Terraform Labs, is set to be extradited after serving a four-month sentence in Montenegro for fabricating travel papers. The United States and South Korea have both submitted extradition requests, and the

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UAE Virtual Assets Regulator Confirms Cooperation from Islamic Coin Issuer

Introduction The Virtual Assets Regulatory Authority (VARA) in the United Arab Emirates (UAE) has announced that Bored Gen DMCC (BG), the issuer of the Islamic Coin, has fully cooperated with their ongoing investigation into the token's issuance and distribution. However, BG still needs to obtain appropriate approvals before distributing the Islamic Coin (ISLM) in the

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Robert Kiyosaki Urges Investors to Get into Bitcoin and Ditch Fiat Money

Introduction Renowned author Robert Kiyosaki, famous for his book "Rich Dad Poor Dad," has once again advised investors to embrace alternative investments such as gold, silver, and bitcoin while urging them to ditch fiat currency. Kiyosaki has been a vocal advocate for these assets and believes that workers and savers in U.S. dollars are at

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