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Daniel Palmer

Latest from Daniel Palmer
Federal Reserve, 6 Other Central Banks Set Out Core Digital Currency Principles
The seven central banks, along with BIS, have released a report setting out agreed core objectives that must be met by national digital currencies.

BitMEX CEO Arthur Hayes Leaves Role After US Charges
The parent group of BitMEX has announced an executive shakeup after U.S. authorities charged the firm over allegedly illegal conduct.

Tim Draper Leads Targeted $5M Series A for India Crypto Exchange Unocoin
Draper Associates is backing the round for the Bangalore-based cryptocurrency exchange, with $3.6 million raised so far.

KuCoin Restarts Deposits, Withdrawals for Bitcoin, Ether Following $281M Hack
The Seychelles-based exchange is bringing more services back online after suffering a major hack late last month.

South Korea's Central Bank to Test Digital Currency in 2021
The Bank of Korea is to run virtual trials of a possible central bank digital currency through 2021.

CBDC Design Needs to Address Risk to Users, Says Bank of Canada
Building an anonymous central bank digital currency (CBDC) presents security risks – not only to the issuer but to the users themselves, says the Bank of Canada.

FCA Bans Crypto Derivatives for Retail Consumers in UK
The U.K. watchdog said it considers derivative products to be ill-suited for retail consumers due to the risks they pose.

Oman Central Bank Warns on Crypto 'Risk,' Singles Out Dagcoin
The central bank warned citizens and residents they use cryptocurrencies at their own risk.

OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules
If you assist a ransomware victim in paying out to cyber attackers, you could end up facing civil penalties, OFAC says.

Estonia's Central Bank to Research if Blockchain Can Support a Digital Euro
Eesti Pank said the initiative will gauge the suitability of the KSI Blockchain, already used within the country's e-government system, in supporting a central bank digital currency.
