Mt. Gox rehabilitation plan is now ‘final and binding’
Nobuaki Kobayashi implied in October the "final and binding" ruling was the last major hurdle in the compensation process, hinting users who filed claims could receive the funds fairly quickly.
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Circle to invest in Japanese yen stablecoin as part of expansion to Asia
Circle's Asia plans include a regional headquarters in Singapore, a new venture arm and investment in Japanese yen stablecoin efforts.
Mt. Gox trustee announces approval of rehabilitation plan, meaning creditors could soon receive billions
Nobuaki Kobayashi said distribution of the Mt. Gox assets likely wouldn’t begin for at least a month, once the rehabilitation plan became "final and binding."
Asian CBDC projects: What are they doing now?
Governments in Asia are quickly researching or implementing CBDCs. What does this mean for the region’s overdependence on the U.S. dollar?
Japan will prioritize simplicity in CBDC design, says central bank executive
The Bank of Japan is keen to ensure seamless integration of its central bank digital currency with the existing payment architecture.
Mt. Gox creditors may receive nothing if they fail to vote by Friday
“I just want my coins back. I'm tired of how long and drawn out it is," said one user claiming to be one of the 24,000 Mt. Gox creditors.
Liquid network block production resumes following transaction processing issues
Pending Liquid transactions had been queued in the mempool for roughly 22 hours after the network reported an issue which caused "block signer nodes failing to validate certain parameters against…
Laos to Study Digital Currency With Help From Japanese Fintech, Report Reveals
The central bank of Laos intends to explore issuing its own digital currency, according to a media report that provided details on the plan. A study on the matter will…
Global CBDC bridge needs public and private cooperation, says BIS
Cooperation between public and private sectors would be vital for a global CBDC system, says a new joint report.
Traders sit idly by as Ripple (XRP) price struggles to avoid a drop to $0.70
Like other large-cap legacy altcoins, XRP is stuck in a rut and data suggests investors are content just to sit and watch.