Around 100,000 users have participated in the country's central bank digital currency pilot since it kicked off in December.
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Bitcoin Should Be Central to Regulation of Digital Assets
U.S. lawmakers should recognize the unique qualities of Bitcoin as they set out market structure for the crypto economy, says John Rizzo.
Japan Approves Web3 White Paper to Promote Industry Growth in the Country
The document proposes more tax reforms, clearer accounting standards and a DAO law.
Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states including California and Alabama.
Winklevoss Twins Lent Their Crypto Platform Gemini $100M: Bloomberg
The brothers had tried to get outside investment, Bloomberg said.
Sybil Millionaires: How Airdrop Hunters Trick Projects and Snatch Fortunes
They maintain multiple accounts for the same project, stay undetectable and maximize profits from airdrops like those of Arbitrum, Aptos, Sui and others.
Crypto-Focused Menai Financial Group Shuttering Market-Making Business in London and Tokyo
The firm said it continues to invest in and expand its asset-management business.
The Future of Web3 Animation
In a CoinDesk interview, Colin Brady, chief creative officer at AMGI Studios, talks about how Web3 and AI will change movie-making, and why big studios fail to adopt new technologies.
Citi Analyst: CBDCs Will Be a ‘Trojan Horse’ for Blockchain Adoption
Ronit Ghose says increasing use blockchain technology will be driven by digital financial instruments.
BNY Mellon CEO Says the Bank Is Going 'Incredibly Slow' on Crypto
Robin Vince said the lender won't be as aggressive as other banks have been in trying to gain crypto deposits.