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B20 Summit 2023: PM Modi asks for global crypto framework


The Indian Prime Minister, Narendra Modi, addressed the crypto talk at the B20 summit recently. The PM talked to business leaders, asking for new ideas surrounding AI and crypto. Moreover, PM Modi stated that an integrated approach is needed to address issues related to crypto. Organized by...

BRICS Not Focusing on Creating Common Currency, Indian Official Says


A top Indian official has downplayed the creation of a shared BRICS currency. Emphasizing that “common currency discussions have several prerequisites before you can even talk about a common currency framework,” the official stressed that the BRICS nations have focused on boosting settlements...

Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens


The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated” will have to meet certain requirements. Singapore...

iDenfy’s technology reinforces Alphawin’s KYC framework


As the online platform industry continues to develop, it has become increasingly important for companies to adhere to strict Know Your Customer (KYC) protocols and accurately verify user ages. iDenfy, a leading identity verification solution provider, has risen to meet this demand with its advanced...

Singapore’s Central Bank Releases Regulatory Framework for Stablecoins


The Monetary Authority of Singapore (MAS), the city-state’s de-facto central bank, announced its revised regulatory framework for stablecoins, aimed to “ensure a high degree of value stability for stablecoins regulated in Singapore.”... Read More: Singapore’s Central Bank Releases Regulatory...

French Regulator Revises Crypto Rules to Align With EU’s MiCA Law


France’s financial market regulator said it’s adjusting the rules for crypto companies in line with Europe’s new regulatory framework. The changes, which will enter into force next year, seek to enhance registration requirements for businesses offering certain services for digital assets like...

Custodia Bank Goes Live: Bridging Digital Assets With US Dollar Payments


Custodia Bank, the financial institution that aims to bridge digital assets with the U.S. dollar payment system, is now live. Last month, Custodia started serving external business customers in select U.S. states, offering U.S. dollar deposits and government money market fund services, with bitcoin...

France Amends Crypto Regulatory Framework In Line With MiCA Licensing Rules


France’s financial regulator Autorité des Marchés Financiers (AMF) has announced key amendments to its digital asset regulatory regime in light of the Market in Crypto Asset (MiCA) regulation. The new amendments will come into effect from Jan 1 2024 and would affect both its General Regulation...

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