RBI Executive Director Reveals India’s Testing of CBDCs Offline Capability
Ajay Kumar Choudhary, the executive director of the Reserve Bank of India (RBI), has revealed that the recently launched digital rupee, India's in-house central bank digital currency (CBDC), is undergoing offline functionality testing. Apart from...
SEC Crypto Regulator Is Not Doing Its Job, According to Kraken’s CEO
The CEO of Kraken, Jesse Powell, has accused U.S. regulators of enabling "bad actors" in the cryptocurrency industry to grow to an enormous size at the expense of legitimate players. In a recent tweet, Jesse Powell, present a personal idea about...
Binance’s BUSD Might Be Labeled as Security by the SEC
The recent SEC lawsuit against Paxos over Binance USD (BUSD) has caused confusion and debate among the cryptocurrency community. The U.S. Securities and Exchange Commission (SEC) issued a wells notice to Paxos. They claim that BUSD is an...
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