Search
IMF Economists Say Countries Should Address Crypto Demand Drivers Instead of Banning
23.6.2023
The International Monetary Fund’s (IMF) economists have cautioned that banning cryptocurrency “may not be effective in the long run.” Instead of outlawing crypto, they suggest countries should address “the drivers of crypto demand, including citizens’ unmet digital payment needs.”...
BlackRock Executive: Knowing Who Counterparties Are Is Key to Engaging Institutions in DeFi
22.6.2023
BlackRock's views on KYC will likely carry weight in the ongoing struggle for regulation on the industry, given its ETF application
Banning crypto ‘may not be effective in the long run’ — IMF
22.6.2023
After proposing a single ledger CBDC payment system, the International Monetary Fund reported on the regulation and use of digital currencies in Latin America and the Caribbean
Today in Crypto: Atomic Wallet Publishes Post-Attack 'Full Event Statement', Binance Brazil Director May be Summoned by Parliament, Ripple Gets In-principle Approval for Singapore Digital Payment License
22.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Atomic Wallet Publishes Post-Attack 'Full Event Statement', Binance Brazil Director May be Summoned...
US lawmaker demands answers from SEC on docs related to Sam Bankman-Fried's arrest
22.6.2023
The chair of a U.S. House oversight subcommittee said all of the documents the SEC had provided on Sam Bankman-Fried's charges and arrest had been publicly available at the time
Digital Pound Should Be Interoperable with Crypto, U.K. Lobbyists Say
22.6.2023
Stakeholders also want the Bank of England to consider tougher caps on individual digital pound holdings to prevent bank runs
Binance, Binance.US, and CZ allege SEC made 'misleading' statements on exchange assets
21.6.2023
The legal motion referred to the SEC publicly claiming CZ and Binance could “commingle customer assets or divert customer assets”, despite a court transcript suggesting otherwise
Hong Kong Should Follow Singapore, Japan in Crypto: Government Study
21.6.2023
A government study conducted by the Research Office at Hong Kong’s Legislative Council has suggested that the city should take cues from countries like Japan and Singapore in its efforts to develop and embrace Web3 technologies and crypto....
Read More: Hong Kong Should Follow Singapore, Japan...
Monetary Authority of Singapore Proposes Protocol for Digital Money, Includes CBDCs and Stablecoins
21.6.2023
Singapore’s central bank has proposed a whitepaper on purpose-bound money (PBM), a protocol that will define benchmarks for the use of digital money including central bank digital currencies (CBDCs) and stablecoins. ...
Read More: Monetary Authority of Singapore Proposes Protocol for Digital Money...
US lawmakers propose bills to hold bank execs accountable for failures and address risks
21.6.2023
Maxine Waters did not specifically mention crypto in the proposed legislation, drafted in response to the collapse of Silicon Valley Bank, Signature Bank, and First Republic Bank
Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian Securities Administrators Warns About Fraudulent Crypto Companies
21.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Citadel & Fidelity-Backed EDX Launches Trading, Core Scientific Files Chapter 11 Bankruptcy Plan, Canadian...
Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg
21.6.2023
If USD Coin is targeted by regulators, the impact on Coinbase revenue could be significant, the report said
Billionaire Mark Cuban Offers Suggestions on How SEC Should Regulate Crypto
21.6.2023
Billionaire investor Mark Cuban, a Shark Tank star and owner of the NBA team Dallas Mavericks, has provided some suggestions on how the U.S. Securities and Exchange Commission (SEC) should regulate the crypto industry, including how the regulator should handle multi-function crypto tokens....
Binance Unit in Britain Cancels UK Regulatory Authorization
20.6.2023
Britain’s financial regulator has approved a request by Binance to cancel its regulatory permissions in the United Kingdom. The move comes as the world’s leading cryptocurrency exchange takes steps to focus on fewer European markets amid increased scrutiny from regulators and ahead of Europe’s...
Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s
20.6.2023
A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets
Deutsche Bank Applies for Digital Asset License in Germany as TradFi Pushes Further Into Crypto
20.6.2023
Banking giant Deutsche Bank AG has applied for regulatory permission to operate as a crypto custodian in Germany, the bank said Tuesday
Japan's Crypto Exchanges Seek Looser Margin Trading Regulations for Growth
20.6.2023
Japan's crypto exchanges are seeking regulations that would allow retail investors higher leverage on margin trading.
Japan's Virtual & Crypto Assets Exchange Association revealed that the crypto exchanges in the country are seeking permitted leverage for retail investors of four to ten times. ...
Today in Crypto: Deutsche Bank Applies for German Digital Asset Custody License, Scam Trezor App Warning, Japan's Crypto Exchanges Urge Regulators to Relax Margin Trading Restrictions, New Banking Restrictions for Australian Exchanges
20.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Deutsche Bank Applies for German Digital Asset Custody License, Scam Trezor App Warning, Japan's Crypto...
Deutsche Bank Applies for License to Offer Crypto Custody Service
20.6.2023
Deutsche Bank, the largest bank in Germany, is seeking regulatory approval to offer custody services for digital assets, including cryptocurrencies. A Deutsche Bank executive explained that the digital asset move is part of the giant lender’s broader strategy to boost fee income. Deutsche...
Global Crypto Regulations for DeFi Backed by France's Markets Regulator
20.6.2023
France's markets watchdog, the Autorité des Marchés Financiers (AMF), said it fully supports globally coordinated, clear regulation for decentralized finance (DeFi) in order to protect users while fostering the novel and innovative sector's growth.
The AMF published its paper on DeFi on Monday...