Hallie Gill

The G7 committee recently met in Niigata, Japan, to discuss topics such as the impact of central bank digital currencies (CBDCs) on global finance and laws governing the transfer of crypto-assets.

The Bank for International Settlements (BIS) is actively exploring offline payment opportunities involving central bank digital currencies (CBDC).

A team of researchers at the Singapore University of Social Sciences recently evaluated existing decentralized autonomous organization (DAO) voting schemes to determine which would be most effective.

A class-action lawsuit against celebrities allegedly promoting the now-bankrupt FTX has gained the cooperation of ex-exchange executive and compliance chief Daniel Friedberg.

Stablecoin issuer Circle has reportedly adjusted its reserve pool to reduce the risk of US debt default.

On May 10, local news outlet Hankyung reported that more than 233.3 billion won ($176 million) of personal assets had been frozen by Terraform Labs co-founder and former CEO Do Kwon as part of an ongoing criminal proceeding.

On May 9, crypto exchange OKX sent roughly $60 million worth of digital assets to wallets linked to failed hedge fund Alameda Research, according to data from crypto analytics platform Arkham Intelligence.

Decentralized liquidity protocol Aave has been deployed on Metis, an Ethereum layer 2 scaling platform, bringing a host of decentralized finance (DeFi) features and products to its ecosystem.

Peer-to-peer cryptocurrency marketplace Paxful has announced it is back online after suspending operations in April.

BNP Paribas is teaming up with the Bank of China (BOC) to promote China's digital currency, the digital yuan, to its corporate clients, according to the South China Morning Post.