Bahamas to Mandate Banks to Distribute Central Bank Digital Currency
The Bahamas, the first country to issue a central bank digital currency (CBDC) called the Sand Dollar, is preparing regulations to mandate commercial banks to provide access to the e-money to boost adoption. Central Bank Governor John Rolle indicated that these regulations would be implemented within two years. “We’ve begun to signal that to our […] Powered by...
Sony Group to Enter the Cryptocurrency Trading Business Through S.BLOX’s Whalefin
Sony Group, the Japanese multinational conglomerate, will enter the cryptocurrency trading services business through its newly revamped S.BLOX subsidiary. The company, previously known as Amber Group, operated a cryptocurrency exchange called “Whalefin,” which will be renewed with the release of a new app, new functions, and support for more cryptocurrency assets. Sonny Group to Dabble […] Powered by...
LaLiga Demands €450 After ISPs Log Subscribers’ Visits to Pirate Servers
When news began to break in early March, indicating that Spain’s most powerful football league had been authorized by a local court to track down people who simply viewed pirate streams, the story made for puzzling reading. Claims in the media, that this related to pirate IPTV subscribers, spread like wildfire. That benefited LaLiga’s deterrent messaging campaign but lacked any basis in truth. That prompted a corrective statement by...
Pirate Streaming Giant FMovies Hasn’t Updated in a Week
With more than half a billion site visits in just three months, pirate streaming site FMovies is seen as a major threat by Hollywood. The pirate site rivals legal streaming platforms such as Disney+ in web traffic and has become the poster child for rejuvenated site blocking proposals in the U.S. Congress. Pressure Mounts To illustrate the brazenness of the site, lawmakers in Congress got a demo of the site from MPA’s Senior Executive...
Northern Data Mulls US Market AI Entity IPO at up to $16 Billion Valuation
Northern Data, a European cloud computing, artificial intelligence (AI), and bitcoin mining company, is reportedly mulling going public in U.S. markets. The company would be in talks to complete its initial public offering (IPO) in 2025, creating an entity combining its AI cloud computing and data center divisions. This new entity would have a valuation […] Powered by...
