UK’s FCA launches a permanent digital sandbox
Key takeaways FCA’s digital sandbox is set to launch on August 1st. The sandbox will serve as a testing environment for firms before rolling out their products. UK’s financial regulator…
Russia’s “digital rouble” almost a reality after approval by lower house parliament
The bill will now move to the upper chamber of the Russian Federal Assembly. If passed the bill will be signed by the president into law. The Bank of Russia…
Astar Foundation teams up with NTT Digital to build Web3 training programs
Astar Foundation and NTT Digital will collaborate to create Web3 talent training programs. The partners will also work on initiatives aimed at enhancing network infrastructure. Astar Foundation and NTT Digital…
Voyager Digital creditors’ lawyers to pocket $16.48M after the recent invoice
In the third and final bill lawyers representing Voyager Digital creditors have billed $5.1 million. When all the invoices are fully paid, Voyager Digital creditors will have paid a total…
Thailand introduces new digital asset service providers’ regulations
Thailand’s SEC has introduced new regulations ensuring investor protection from digital asset service providers. Digital asset providers will also not be able to provide digital assets deposited by users for…
Upland and Nowhere Unite to Forge a New Era of Digital Community Interactions for the Metaverse
PALO ALTO, California, June 21st, 2023, Chainwire Upland, the leading web3 Metaverse SuperApp, announced a landmark partnership with Nowhere, a virtual gathering platform with a mission to revolutionize socialization and…
USDC issuer Circle receives a digital token licence in Singapore
Key takeaways Circle has received its Major Payment Institution (MPI) license for digital payment token services in Singapore. The company was first issued an in-principle approval in November 2022. Circle…
Hong Kong-based First Digital launches new USD-backed stablecoin
First Digital’s stablecoin FDUSD will be pegged on the US dollar and regulated in Asia, the Hong Kong-based company said. All reserves will be held in segregated accounts at regulated…
Rakkar Digital obtains TSCP License in Hong Kong, launches custodian services
Rakkar Digital is a Singapore-based company providing digital asset custodian services to institutional and enterprise clients across Southeast Asia and Hong Kong. Rakkar Digital has obtained TSCP License in Hong…
Texas adds digital currency to the state’s Bill of Rights
Texas lawmakers vote to add digital currency to the state’s Bill of Rights. The move grants citizens the right to possess, retain and utilize digital currencies. The bill HJR 146…