US Tokenized Treasuries Increased By 641% In 2023 – Report
CoinGecko data tracker for digital assets reports that tokenized treasuries in the United States experienced a 641% growth worth $845 million in 2023, with the participation of conventional finance institutions. CoinGecko released its 2024 report entitled “Rise of Real World Assets in Crypto” on March 21. The report provided an overview of tokenizing real-world assets […]
OKX Exchange Ceases Operation in India
Following the compliance notices of the Financial Intelligence Unit (FIU) of the Indian Ministry of Finance to nine foreign crypto exchanges, the OKX cryptocurrency exchange has ceased operations in India. On March 21, OKX notified its Indian clientele, requesting that they terminate their accounts and withdraw funds before April 30. The cryptocurrency exchange attributed its […]
Riksbank Examines Offline CBDC Payment
The Central Bank of Sweden, the Riksbank, has published the concluding report regarding its CBDC, the digital Krona pilot program. The report focused on offline functionality and examined the end-user experience. On March 20, the Riksbank issued its final and fourth report regarding the e-krona. It investigated an offline retail transaction model distinct from the […]
Alipay, Avalanche Partner for Web3-powered Voucher Program
Avalanche, a smart contract blockchain platform, and Alipay, an online payment platform, have partnered to develop a Web3-enabled voucher program that allows brands to test Web3 solutions. Alipay’s ordering solution, Alipay+ D-store, and its partnered e-wallets are utilizing Avalanche for a Web3-enabled voucher program, the company announced on March 20. Southeast Asian milk tea establishments […]
Steve Wozniak Wins Bitcoin Scam Lawsuit Against YouTube
Steve Wozniak, co-founder of Apple, emerged victorious in the most recent phase of a legal dispute with YouTube concerning utilizing altered videos bearing his image to execute a Bitcoin fraud scheme in 2020. Bloomberg reported that an appeals court in San Jose ruled that YouTube cannot invoke a contentious communications statute to absolve itself of […]