Governance
CBDCs
Swiss banks issue first digital bonds using real CHF wholesale wCBDC on regulated DLT platform
Switzerland's SDX and SNB collaborate to deliver first successful CHF digital bond transactions with wCBDC.
Regulation
Hong Kong regulator considers allowing ICOs to bolster economic revival
HKSFA President suggests ICOs for financial rejuvenation with a cautious eye on money laundering controls.
Metaverse
US metaverse market to soar to $110B by 2028, fueled by Gen Z, Alpha usage
With a 37% CAGR, the U.S. is on track to shape a massive metaverse economy enhanced by AI, AR, VR, web3, and 5G innovation.
Regulation
Paxos poised to expand global stablecoin operations in Abu Dhabi with regulatory green light
FSRA's provisional nods set Paxos on course to issue stablecoins and expand digital services in Abu Dhabi.
Investments
Wormhole secures record $225M funding, spins off into Wormhole Labs for cross-chain expansion
Wormhole's strategic funding milestone propels its valuation to $2.5 billion.
Legal
Lawyers file $1B class action against Ronaldo 3 months after similarly templated $1B CZ suit
Famed footballer Cristiano Ronaldo embroiled in crypto class-action suit mirroring prior Binance CEO lawsuit.
Taxes
UK investors may be liable for up to 20 years of ‘unpaid tax on cryptoassets’
UK Treasury tightens grip on crypto taxes with new compliance mandates for unpaid taxes.
DeFi
dYdX Chain completes mainnet migration, rolls out $20 million in DYDX token rewards
Following successful governance vote, dYdX Chain activates full trading and $20 million launch incentive program.
Crypto
MAS Director mislabels Bitcoin a ‘private cryptocurrency’ stating it has ‘failed the test of money’
Ravi Menon categorizes Bitcoin as a 'private cryptocurrency,' though it operates on a transparent, public blockchain, stirring debate on digital asset classifications.
Technology
Buterin sees benefit of ‘uploading’ minds and need for open-source innovation in AI
Buterin's Techno-Optimism champions a deliberate and ethical path to technological progress in the face of pure profit-driven innovation.
Bankruptcy
BlockFi secures key $21M agreement with Vrai Nom amid turbulent bankruptcy
BlockFi hearings have been adjourned until Dec. 19 after a key agreement was struck, paving the way for strategic bankruptcy resolutions.
ETF
Canada and Germany dominate crypto ETP inflows as record $346M added to funds
Bitcoin and Ethereum spearhead the largest crypto investment surge since 2021, signaling renewed investor confidence.
