IOTA launches $100 million entity in Abu Dhabi to create digital network
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Global technology network IOTA on Wednesday launched a $100-million foundation in Abu Dhabi to accelerate the growth of its distributed ledger technology (DLT)…
Factbox -The other crypto bosses in US authorities’ crosshairs
By Niket Nishant and Hannah Lang WASHINGTON (Reuters) – Onetime crypto poster child Sam Bankman-Fried was on Thursday found guilty of defrauding customers of his now-bankrupt crypto exchange FTX, in…
Britain to push ahead with rules for cryptoassets
By Huw Jones LONDON (Reuters) – Britain said on Monday it would legislate to implement its first set of rules to regulate the crypto sector, requiring market participants to be…
Global regulators seek to crack down on decentralised finance
By Huw Jones LONDON (Reuters) – Global securities regulators set out on Thursday their first blueprint to make participants in “decentralised finance” (DeFi)accountable for their actions and safeguard market stability.…
IMF and regulators set out roadmap to contain crypto risks
By Huw Jones LONDON (Reuters) – Global financial regulators and the International Monetary Fund (IMF) on Thursday set out a roadmap to coordinate measures that stop cryptoassets from undermining macroeconomic…
Blockchain may go big in Japan’s game arena
Japan is set to reclaim its leadership in the global technology industry, propelled by blockchain gaming projects. Having been overshadowed by the United States and China in the last few…
Bitcoin saved from torrid August by landmark Grayscale ruling
By Tom Wilson LONDON (Reuters) – Bitcoin’s gains from a U.S. court ruling that bolsters future prospects for retail investor-friendly funds have rescued the original cryptocurrency from a torrid month,…
Visa’s pricing of token technology under DOJ probe
By Pritam Biswas (Reuters) – Visa is under fresh investigation by the U.S. Department of Justice over allegations it is charging retailers more for not using the payment firm’s proprietary…
Sequoia Capital, the world’s largest VC firm downsizes
When a giant cuts resources, it doesn’t look good for the entire industry. It is an unwritten law that is almost impossible to escape, especially when investments have many zeros…
Bitcoin hovers near 13-month high as investors cheer Ripple ruling
By Tom Westbrook, Rae Wee and Hannah Lang SINGAPORE/WASHINGTON (Reuters) – Bitcoin was hovering near its highest so far this year on Friday after crypto investors took encouragement from a…