David Marcus, Diem Association’s board member as well as head of Novi (a digital wallet), noted in the latest blog post that the Diem payment system had acquired the license for operating in almost every state. Marcus disclosed this news in the mid of a post. The post intended to elaborate the requirement of stablecoins…
A newly-proposed law mandates that the Federal Reserve be given the authority to create a digital currency. The recent law prompted by Virginia Democrat Beyer in the US proposes a broad laws and regulations approach to assets throughout the field. The law, dubbed Digital Asset Market Structure and Investor Protection Act, addresses almost every significant…
The rise of DeFi (Decentralized Finance) and the appearance of institutional investors have caused an unbelievable boom in the whole crypto market but also revealed several persistent issues and limitations that different blockchain networks faced when there is a rapid increase in activities hence the need to scale up. The excessive time required for processing…
Siritida Ayudha, the deputy governor of the Thailand central bank, announced the recent development on Friday in an official briefing. In the briefing, Siritida said that the central bank is in contact with the government body in charge of the market regulation and other stakeholders before releasing the final outlook of the regulations of the…