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Hong Kong Launches Second Phase of Its CBDC Pilot Program

[Mar 19, 2024 3:30 AM] The Hong Kong Monetary Authority announced the launch of the second phase of the pilot of its CBDC, the digital Hong Kong dollar (e-HKD). This new phase will focus on furthering the research on already examined use cases for the currency, including…

Flash Crash on Bitmex Sends Bitcoin Tumbling to $8,900

[Mar 18, 2024 11:39 PM] Bitcoin’s price on Bitmex plummeted to $8,900 in a flash crash late Monday, diverging significantly from the global average price of around $67,400, due to large sell orders on the XBT/USDT pair. Bitmex is investigating the incident, which…

Dubai International Financial Centre Enacts Digital Assets Law

[Mar 17, 2024 10:00 PM] The Dubai International Financial Centre (DIFC), one of the largest free zones of the Middle East, Africa, and South Asia (MEASA) region, has enacted a new Digital Assets Law, revamping its whole legislative system to include these tools. The law…