Google Chrome Launches ‘Privacy Sandbox’ for Advertisers
Google Chrome has launched a built-in monitoring and ad-curation platform, “Privacy Sandbox,” which became generally available on September 7. The platform was initially made available to a limited number of users but is now accessible to approximately 97%. Privacy experts have critiqued the new tracking mechanism. Google, however, stated in its announcement that Privacy Sandbox […]
CFTC Orders Defunct Mirror Trading International to Pay $1.7B Fine
The Commodity Futures Trading Commission (CFTC) announced on September 7 that the US District Court for the Western District of Texas has ordered defunct Mirror Trading International (MTI) to pay $1.7 billion in restitution to victims for operating a fraudulent scheme. The CFTC noted that MTI and its CEO, Cornelius Steynberg, were involved in an […]
MAS Regulatory Sandbox Lacks Qualified Crypto Payment Providers
The Monetary Authority of Singapore (MAS) has stated that no businesses have qualified to participate as crypto payment providers in its FinTech Regulatory Sandbox framework. The MAS clarified in response to a Financial Times letter criticizing the Singaporean government’s lack of public consultation and oversight on crypto adoption that the country does not have a […]
SBI, Ripple Partner to Offer XRP Remittances to Banks in Southeast Asia
SBI Group, a Japanese financial holding company, has announced that its international remittance services division, SBI Remit, has partnered with Ripple and SBI Ripple Asia to offer an XRP remittance service to bank accounts in some Southeast Asian nations. SBI Remit has utilized Ripple’s payment services for international remittances since 2017, the company announced in […]
Vitalik Buterin Cites Most Significant Challenge Facing Ethereum
Speaking at the Korea Blockchain Week, Vitalik Buterin, co-founder of Ethereum, cited node centralization as a substantial obstacle for the Ethereum network as most nodes are currently hosted on centralized web services such as Amazon. Buterin emphasized that, among the six issues Ethereum must address, node centralization stands out as the most significant. He stressed […]