Ex-CFTC chair leaves without replacement pick from Trump
As of Feb. 7, the White House had not issued any statement suggesting that Donald Trump would nominate a CFTC commissioner to replace Rostin Behnam.
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CBDCs seen offering faster settlements by 87% global securities firms: Citi survey
The year-on-year growing support for digital cash is supported by ongoing domestic pilots and cross-border initiatives taken up by various jurisdictions, CitiBank's survery found. 56 Total views 1 Total shares Discussions around ways to shorten local settlement cycles within the next five years have got most securities firms eyeing local central bank digital currencies (CBDCs). CitiBank’s…

Samsung SDS Partners With Tech Mahindra for a New DLT Product
Samsung SDS, the IT subsidiary of global tech giant Samsung, has announced a joint initiative to launch a new blockchain-based traceability product.To develop the new project, Samsung SDS partnered with American software firm Pega and Tech Mahindra, a subsidiary of major Indian multinational conglomerate holding company Mahindra Group, according to a press release on Oct.…

Omnity rolls out integration for no-fee Runes trading
Omnity protocol is launching an integration for trading of Rune tokens without gas or transaction fees.

Sri Lanka Central Bank Selects Shortlist for Blockchain Proof-of-Concept
Sri Lanka’s central bank has selected a shortlist of three firms to develop a proof-of-concept for a shared Know Your Customer facility using blockchain. 213 Total views 1 Total shares Sri Lanka’s central bank has selected a shortlist of three firms to develop a proof-of-concept (PoC) for a shared Know Your Customer (KYC) facility using…

Bitcoin price reverses gains on New Year’s Eve; hodlers continue stacking sats
BTC price dipped below $46,000 after seeing highs north of $48,500 earlier in the day. Leading altcoins also turned lower. 2240 Total views 32 Total shares Bitcoin (BTC) and the broader cryptocurrency market turned lower later in the day on Dec. 31, erasing intraday gains to cap off a highly successful year on a weaker…

Bitcoin whale accumulation hits 670K all-time high amid BTC’s v-shaped bounce
Despite this week’s Bitcoin price drop, whales continued to add to their balance and the current v-shaped BTC recovery could be a sign that new highs are coming.

Crypto hedge fund Pantera Capital files for massive $134 million raise
The monster raise might be an indication that Pantera’s ambitions are inflating in lock-step with Bitcoin’s rising price. 1166 Total views 12 Total shares In a filing with the SEC yesterday, Bitcoin hedge fund giant Pantera Capital announced an equity offering of up to $134 million — among the largest capital fundraising efforts in the…

PayPal Sues Consumer Protection Agency for ‘Confusing’ Digital Wallet Rules
PayPal is suing the Consumer Financial Protection Bureau (CFPB) for requiring the firm to make “misleading and confusing” disclosures about its fees.The digital payments giant filed a lawsuit against the CFPB on Dec. 11, arguing that the agency has ignored critical differences between digital wallets and prepaid products like prepaid debit cards (GPR).CFPB makes PayPal…