SEC Commissioner Peirce Weighs in Defi Token Regulation Debate: Panel Predicts Defi Will Self Correct in Twelve Months

The U.S. Securities and Exchange Commissioner, Hester Peirce says while defi tokens carry some equity-like benefits, she believes that giving something away is distinct from selling something. As a result of this lack of clarity, Peirce says questions about the regulatory structure and how these tokens could affect corporate governance Read more…

KPMG Reveals Blockchain-Based Climate Accounting Infrastructure (CAI) for Greenhouse Gas Tracking

KPMG, an international accounting giant, has launched a blockchain-based solution for tracking climate emissions. The new blockchain-based system is called Climate Accounting Infrastructure (CAI), which would enable big organizations and companies to monitor their carbon emission and offset their greenhouse gas emissions. Climate change has been one of the most Read more…

Malaysia Shariah Advisory Council Chairman Sees ‘Great Potential’ in Crypto; Unclear Laws Held Back Adoption

A Shariah Advisory Council chairman in Malaysia believes cryptocurrencies have great potential. The comments were made by Dr. Modh Daud Bakar, the Securities Commission Malaysia (SC) Shariah Advisory Council chairman. However, he also highlighted the challenges in adopting these digital assets, given the lack of understanding about the technology among Read more…

KPMG unveils blockchain-based infrastructure to help clients track their greenhouse gas emissions

Big Four accounting firm KPMG is positioning a new blockchain-based accounting capability to help companies in their efforts to reduce their environmental footprint. On October 6, KPMG announced a patent-pending blockchain-based capability, the Climate Accounting Infrastructure (CAI). The initiative aims to help organizations better measure, mitigate, report, and offset climate-changing Read more…

The U.S. Treasury Department And Federal Reserve Are ‘Studying’ Possible Launch Of A Digital Dollar

Speaking during the online Atlantic Council webinar, the U.S Deputy Treasury Secretary, Justin Muzinich, said his department, alongside the Federal Reserve, is looking at launching a central bank digital currency (CBDC) tied to the dollar in the future. This announcement follows a trail of the Federal Reserve’s previous efforts to Read more…

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