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3AC founder has ‘chosen to ignore his duties’ by not responding to subpoena, say bankruptcy lawyers

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According to the filing, Kyle Davies was “without question” aware of the subpoena posted to Twitter, citing the 3AC founder’s online activity and attempts to raise funds for GTX.

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Mastercard to settle transactions for stablecoin wallet in APAC

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Mastercard has entered a collaboration that would allow retail customers in the APAC region to spend their stablecoins anywhere Mastercard is accepted.

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Crypto Fear and Greed Index hits highest level since Bitcoin’s all-time high

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Sentiment toward the crypto market is the most positive its been since around the time Bitcoin hit its all-time high almost 16 months ago.

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IMF examines CBDC design in context of Islamic banking, finds some risks magnified

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A central bank digital currency’s liquidity and foreign exchange would work differently Islamic law from what might be expected.

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