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US Fed to launch its payment network in 2023

The United States Federal Reserve has announced that its own instant payment service will go live in July. Dubbed FedNow, the solution will enable instant payments on a 24/7 basis within the US. The Federal Reserve‘s financial services division has announced plans to launch a new instant payment service called FedNow. If everything goes as […]
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UK trade groups launch crypto coalition

According to a statement issued by its five members group, the City of London has joined forces with some trade associations to create the UK Forum for Digital Currencies. This alliance will fight for better policies, practices, and regulations around digital currencies. The five-member alliance comprises the digital pound foundation, CityUK, UK finance, and the […]
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South Korean regulators launch a new investigation into crypto exchange Bithumb

South Korea’s National Tax Service (NTS) is reportedly conducting a special tax inquiry into Bithumb. South Korean crypto exchange Bithumb has recently drawn the attention of the country’s tax and legal authorities. The tax authorities have decided to launch a “special” investigation into the exchange’s business practices. An individual suspected to be the company’s largest […]
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