Following the demise of the largest darknet marketplace (DNM) in mid-July 2017, the underground market Alphabay returned in August 2021, and during the last year, Alphabay has managed to once again regain its position as the world’s top DNM. Furthermore, Alphabay relentlessly conducted business amid a domino effect of DNMs folding last year and throughout…
Read more
The central bank of Thailand is not going to rush with the launch of its digital currency as it’s not yet sure about the benefits it would bring. According to the head of the monetary authority, the development of the state-issued coin may take several years. Thailand’s Central Bank Wants to Better Understand Risks of…
Read more
The pact between the two nations’ financial technology associations will see cooperation on technology, including blockchain, to power their respective financial industries. The financial technology associations for Thailand and Hungary have signed a bilateral Memorandum of Understanding (MOU) to support the introduction of blockchain technology to their respective financial sectors. The MOU, signed by the…
Read more
Industry associations from Hungary and Thailand plan to cooperate on implementing blockchain technologies in the financial services sector. The two sides hope to share experience and produce ideas for alternative services as part of their new partnership. Thailand and Hungary Announce Blockchain Pact During Bilateral Fintech Forum The Thai Fintech Association and Hungary’s Blockchain Coalition…
Read more
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were made as part of the pilot project with the participation of the Bank for International Settlements. Asian Central Banks Pilot Real-Value International Settlements With Digital…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Thai SEC Comes After Bitkub Exchange, OpenSea Rewards Whitehats, BIS Working With (at Least) 7 Central Banks on CBDC Projects + More News Read more »Sign up for e-EUR – the…
Read more
Over $12 million in value was issued in the pilot with commercial and central banks in Hong Kong, Thailand, the UAE and China taking part. A multi-jurisdictional central bank digital currency (CBDC) pilot has been marked “successful” by the Bank for International Settlements (BIS) after a month-long test phase that facilitated $22 million worth of…
Read more
The industry didn’t take the document well, as the policymakers’ focus on security and enforcement is all too visible. By the end of last week, the federal agencies presented the results of their six-month-long work on the principal directions for digital assets regulation in the United States. The resulting first-ever crypto framework, published on the…
Read more
The Thai Securities and Exchange Commission (SEC) has proposed banning businesses from engaging in crypto staking and lending activities. The regulator is seeking public comments on the proposal, noting that the purpose of this prohibition is “to provide greater protection to investors and reduce associated risks.” Thailand Seeks Public Comments on 2 Crypto Regulatory Proposals…
Read more
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Thailand Bans ‘Depository Services’, Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News Read more »Sign up for e-EUR – the progressive stablecoin
