Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC
Tecban, a fintech that provides interconnection technology for banks, has launched a tokenization and associated services platform called Nexchain. This platform facilitates the process of placing assets on the blockchain for third parties as part of the Drex pilot. The platform will be launched in tandem with the second pilot phase of the Brazilian CBDC, […] Powered by...
Russia Advances Cryptocurrency Mining Bill
Russia’s State Duma has advanced a bill to regulate cryptocurrency mining, aiming to curb illegal activities and promote investment and employment. Proposed by the chairman of the Duma Committee on Financial Markets and supported by key deputies, the bill mandates strict guidelines for miners, including registration and government oversight. If passed, the law will take […] Powered by...
BRICS Poised to Dominate World Bank and IMF, Says Russian Executive Director
The World Bank Executive Director for Russia forecasts that BRICS nations will soon dominate the World Bank and the International Monetary Fund (IMF), attributing this shift to inevitable macroeconomic and demographic changes away from Western dominance. He emphasized the importance of working patiently toward this goal and resisting provocations from those upholding the old global […] Powered by...
Music Industry Puts Pressure on ‘Parasitic’ Streaming App Musi
App stores are littered with apps that promise free access to music, but only few live up to expectations. Musi is one of them. The music app made headlines in 2016 when its founders, who were teenagers at the time, presented their brainchild in an episode of the Canadian edition of Dragons’ Den. In essence, the software itself is relatively simple. Musi can stream music, which it sources from YouTube, and allows users to create and...
Major Labels Block 40 Pirate Domains, Search Deindexing More Concerning
To a greater or lesser extent and depending on region, rightsholders across all major industries are now regular participants in site-blocking actions. Most blocking takes place to prevent access to movies and TV shows on static platforms such as torrent sites and streaming indexes, plus streaming platforms typically operated by IPTV providers offering live sports. These video-based sectors now account for the majority of blocking but...
