Block Inc fined $80 million for compliance failures
Block Inc Fined $80 Million for Compliance Failures Block Inc, a prominent player in the financial technology sector, recently found itself at the receiving end of a hefty $80 million fine imposed by state regulators. The reason behind this substantial…
The Rise of Stablecoins: Understanding the New Global Dollar Network
The world of cryptocurrencies has long been dominated by a few high-profile players, notably Bitcoin and Ethereum. However, an emerging trend is rapidly reshaping the landscape: stablecoins. These digital assets, pegged to stable assets like the US dollar, are gaining…
Central Bank of Norway Considering CBDC Decision by 2025
As one of Europe’s leading cashless nations, Norway is at a crossroads in its monetary policy. The Central Bank, Norges Bank, has announced that a decision regarding the potential introduction of a Central Bank Digital Currency (CBDC) will be made…
