Indian RBI To Launch Digital Rupee today

1st November 2022, India’s Central Bank, The Reserve Bank of India (RBI) is launching the first pilot of the Digital Rupee for the wholesale segment. The digital rupee used for this pilot is for the settlement of secondary market transactions in government securities. The objective is to make the interbank market more efficient as a … Read more

Hungary & Thailand Fintech Association to join hands on blockchain

An (MOU) has been signed by Thailand’s & Hungary’s fintech associations to facilitate the use of blockchain technology in their respective financial sector which would allow the organizations to “share experiences, best practices, and explore areas potentially beneficial for direct cooperation.” According to the Bangkok Post article on October 29, 2022, international cooperation is required … Read more

Indian crypto exchanges under investigation for $3.5billion drug trade

Around 200 transactions were conducted in the Cayman Islands, Nigeria & the British Virgin Islands, were routed through crypto exchanges located in India. India’s (ED)Enforcement Directorate & the Income Tax Department along with other Indian agencies are probing three digital asset management companies after the Financial Intelligence Unit (FIU) raised an alarm over their role … Read more

Why Obama didn’t stop modern day slave market in Libya?

Why honorable ex-president Obama didn’t stop the modern-day slave market in Libya? It’s been around 150 years since President Lincoln’s declared in the midst of the U.S. Civil War that all slaves “shall be free.”  But are they free till a few years back? Black slaves were sold in the open-air slave market during the … Read more

Trump signs Executive Order on Social Media to defend Free Speech

President Donald Trump signs Executive Order to defend free speech yesterday by preventing online censorship by Twitter and other tech companies. According to President Trump, tech bias has become a major issue facing US democracy. It challenges the free exchange of ideas and public debate that protects American civil liberties. President Trump believes that every … Read more