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A Colombian court recently hosted its first legal trial in the metaverse

A Colombian court recently hosted its first legal trial in the metaverse

The metaverse hosted Colombia's Magdalena Administrative Court's February 15 session. Maria Quinones, the court's Magistrate, called it "realer than a video call."

Reuters: Binance Australia Users Rush to Sell Bitcoin Amid Payment Issues

Reuters: Binance Australia Users Rush to Sell Bitcoin Amid Payment Issues

According to a recent report by Reuters, Bitcoin prices on Binance's Australian platform were almost A$9,000 lower than those on rival exchanges on Tuesday.

Binance Denies Sharing Users Data with Russian Intelligence Agencies

Binance Denies Sharing Users Data with Russian Intelligence Agencies

Binance exchange has denied allegations by Reuters that a Russian subsidiary has close ties to the country’s financial regulator called Rosfinmonitoring by agreeing with sharing users' data.

Iranians Permitted to Trade on Binance, Despite US Imposes Sanctions: Reuters

Iranians Permitted to Trade on Binance, Despite US Imposes Sanctions: Reuters

Reuters said Binance exchange permitted Iranian users to trade on its platform after the United States reimposed sanctions on the country in 2018.

Binance Debunks Claims Exchange Aided Money Laundering

Binance Debunks Claims Exchange Aided Money Laundering

Crypto exchange Binance denied all allegations of facilitating around $2.4 billion in illicit funds from world-acclaimed criminal organizations like Lazarus Group and Hydra.

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June.

US-China Cold War Could Benefit Bitcoin

US-China Cold War Could Benefit Bitcoin

An internal Chinese report presented to Chinese Leader Xi Jinping and his top party members on May 4, concluded that anti-China sentiment is currently at its highest since the 1989 Tiananmen Square crackdown according to Reuters.

American Investors are in Bitcoin Buying Frenzy as BTC Price Rises, Crypto Flows in From Asia

American Investors are in Bitcoin Buying Frenzy as BTC Price Rises, Crypto Flows in From Asia

As the Bitcoin bulls continue to run and push the BTC price to new levels, a massive amount of crypto has been shifting from East Asia to North America—a trend which could represent a huge shift in the crypto market according to Reuters.

Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’

Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’

Taking a page from North Korea, Venezuela is looking to skirt U.S. sanctions by using crypto. According to Bloomberg, Venezuelan President Nicolas Maduro announced a crypto payment method that they will activate “very soon.”

German Policymakers Cannot Accept Facebook’s Libra

German Policymakers Cannot Accept Facebook’s Libra

The German cabinet is expected to adopt a comprehensive blockchain strategy with the aim of digitally enhancing its economy. The strategy also consists of plans to tackle risky new technologies such as Libra, which German policymakers fear could become an alternative currency.

Japan’s Financial Watchdog Believes Deregulating Crypto Does Not Necessarily Propel Technical Innovation

Japan’s Financial Watchdog Believes Deregulating Crypto Does Not Necessarily Propel Technical Innovation

After assuming the helm of Japan’s Financial Services Agency mandated with overseeing the monetary sector in July, Ryozo Himino has voiced his reservation of promoting cryptocurrency trading.

Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO

Ping An of China’s Blockchain Unit Chooses US over Hong Kong for IPO

Chinese insurance giant, Ping An Insurance’s financial technology arm, OneConnect is leaning towards choosing New York over Hong Kong for its initial public offering (IPO) this year in mid-November.

Norwegian Police Arrest Millionaire For Wife's Murder After Two-Year Goose Chase for Kidnappers Demanding $10M Monero Ransom

Norwegian Police Arrest Millionaire For Wife's Murder After Two-Year Goose Chase for Kidnappers Demanding $10M Monero Ransom

In October 2018, a Norwegian millionaire named Tom Hagen reported that his wife had been kidnapped and presented a ransom note to police that demanded $10 million worth of the privacy-centric cryptocurrency Monero.

Bank of Canada Governor Advocates Globally Coordinated Approach to CBDC

Bank of Canada Governor Advocates Globally Coordinated Approach to CBDC

The governor of the Bank of Canada Tiff Macklem has advocated for a “globally coordinated” approach with respect to CBDC development.

Mastercard Still Betting on Blockchain Despite Pulling Out from Facebook’s Libra

Mastercard Still Betting on Blockchain Despite Pulling Out from Facebook’s Libra

Mastercard recently pulled out of the Libra Association, along with Visa and PayPal, however, it has been reported that the payment processor is not giving up on blockchain.

Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks

Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks

Li Wei, the Technology Departmental Head of the People’s Bank of China, has urged Chinese commercial banks to embrace blockchain and digital finance.

China Looking into the Application of Blockchain and AI for Cross-Border Financing

China Looking into the Application of Blockchain and AI for Cross-Border Financing

China is researching the application of blockchain technology and artificial intelligence in cross-border financing, focusing on risk management.

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