Derek Andersen

Derek Andersen became a business writer after changing his mind about a career in the humanities, and has never looked back. He is excited by cryptocurrency and the future.

Author’s posts

News

With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for central bank digital currency research.

Standard Chartered, PwC make case for programmable CBDC in China Greater Bay Area

Derek Andersen

2023-06-01T22:48:01+01:00

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News

Deposits on mobile payment apps may not be insured by the FDIC, and customers may not know whether their money is insured or not.

Money stored on mobile payment apps may not be FDIC insured, US watchdog warns

Derek Andersen

2023-06-01T21:30:00+01:00

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News

The Hong Kong trust company says the new FDUSD combines the stability of the U.S. dollar with the reliability of Asian regulation.

Hong Kong-based First Digital Group launches redeemable USD-backed stablecoin

Derek Andersen

2023-06-01T18:46:12+01:00

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News

The prosecution and FTX debtors already have access to the documents, which concern 11 topics and may contain material favorable to SBF.

SBF wants to subpoena documents from old FTX/Alameda law firm to use in his defense

Derek Andersen

2023-05-31T22:15:00+01:00

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News

The new consortium will provide ratings of digital asset trading platforms and cryptocurrency market indexes when it becomes operational.

Hong Kong Virtual Assets Consortium launched with Huobi as first member

Derek Andersen

2023-05-31T19:30:00+01:00

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News

The letter is a reminder, but a highly specific one that is reminiscent of the SEC’s recent custody rule proposal in part.

US CFTC issues letter on digital asset derivatives, clearing compliance in 3 areas

Derek Andersen

2023-05-30T22:14:49+01:00

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Breaking news

The SEC suit alleged former Coinbase product manager Ishan Wahi and his brother used non-public knowledge to trade digital asset securities.

SEC settles case against Wahi brothers for Coinbase insider trading

Derek Andersen

2023-05-30T19:36:38+01:00

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News

With the end of the proofs-of-concept, the Bank of Japan has initiated its CBDC pilot and plans to gather more public and business feedback.

Japan launches digital yen pilot project after second successful proof-of-concept

Derek Andersen

2023-05-29T17:37:51+01:00

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