The US Congress published another COVID-19 bill titled Automatic Boost to Communities Act or ABC Act and it included the digital dollar. In March, previous bills from Democrats and the senate also suggested the use of...

The National Crowdfunding and Fintech Association of Canada (NCFA) advises Prime Minister Justin Trudeau to use fintech firms to speed up the distribution of capital to small businesses during the coronavirus...

The High Court of Singapore has decided to block the primary web domain of crypto exchange KuCoin. The court issued a temporary injunction on March 24 banning KuCoin from moving its assets including its websites. Domain...

The Libra Association is applying for a payment license from the Swiss Financial Market Supervisory Authority (FINMA). Libra (LBR) drew a lot of criticisms and was met with disapproval when it was announced in June...

China has been working on its central bank digital currency (CBDC) and a screenshot of its online wallet is making the rounds online. Ledger Insights shared a snap of how Chinas CBDC wallet looks like. The wallet...

The Financial Stability Board (FSB) published a document about the regulatory, supervisory and oversight challenges of global stablecoins like Facebooks Libra. In June 2019, G20 asked FSB to explore the regulatory...

MakerDAO users filed a class-action lawsuit against stablecoin issuer Maker Foundation following a protocol failure on March 12 dubbed Black Thursday. The suit was filed in the Northern District Court of California by...

The New York Southern District Court decided to move the sentencing of OneCoin co-founder Konstantin Ignatov to three months from now. Ignatovs sentencing date was originally set for April 8. However, the court approved...

Crypto exchange Binance released a statement about the controversial B.K. user case. In a lengthy statement, Binance explained that it came across false information against them relative to a user account that was...

Cloud-based instant messaging and voice over IP service Telegram is embroiled in a $1.7 billion legal battle due to its token offering. The Supreme Court has sided with the Securities and Exchange Commission (SEC) and...