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Author: Rachel Lourdesamy

Polish Parliament Advances Strict Crypto Market Regulation Bill

Poland’s lower house of parliament, the Sejm, has approved the Crypto-Asset Market Act, a measure that seeks to align national rules with the European Union’s MiCA regulations while imposing significant obligations oncrypto businesses. The act requires all crypto-asset service providers – exchanges, issuers and custodians, both Polish and international – to apply for a licence

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Pavel Durov Says France Pressured Telegram to Censor Moldovan Political Channels

Telegram founder Pavel Durov has accused French intelligence of attempting to pressure him into removing Moldovan political content from the platform during the country’s 2024 election. He said the request was tied to his ongoing legal case in France, with officials allegedly offering favourable remarks to a judge in exchange for compliance…

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HSBC Pioneers Quantum Computing in Trading With 34% Boost in Bond Predictions

A pioneering trial in algorithmic bond trading has shown that quantum computing can deliver significant advantages, with a 34% boost in prediction accuracy. Working alongside IBM, HSBC tested a hybrid system combining classical methods with quantum processors, outperforming traditional approaches. The study centred on over-the-counter bond markets…

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Tether Reportedly Seeks $20B Raise at $500B Valuation, Eyeing Spot Among World’s Most Valuable Private Firms

Tether is said to be holding early-stage discussions with investors over a capital raise that could reach between US$15 billion (AU$22.74 billion) and US$20 billion (AU$30.32 billion), according to Bloomberg. The proposed fundraising would involve about 3% of the company being sold as new equity. If achieved at the higher level…

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