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Nalezeno "AI Policy": 6517

G-7 Will Focus on Helping Developing Nations Introduce CBDCs

12.4.2023
The Group of Seven (G-7) advanced nations will prioritize considering how it can better help developing countries introduce their central bank digital currencies (CBDCs)

Hong Kong Regulator Says DeFi Projects Could Face Regulatory Requirements

12.4.2023
If DeFi activity falls within the scope of the Securities and Futures Ordinance, it will be subject to the same regulatory requirements as traditional financial activity, says SFC official

World Regulators Are Looking at DeFi

12.4.2023
Decentralized finance (DeFi) is entering regulators’ crosshairs, but they don’t seem to be intent on taking it out – yet anyway. Instead a pair of reports from U.S. and French authorities seem more focused on understanding what sort of risks DeFi might pose to both users and the broader financial...

China’s Inflation Rate Drops to Lowest in 18 Months

12.4.2023
The annual inflation rate in China has unexpectedly slowed down in March to its lowest level in a year and a half, the latest statistical data indicates. On a monthly basis, consumer prices decreased for a second consecutive month, despite estimates suggesting they will remain unchanged. Post...

Sen. Warren, Rep. AOC Ask Circle, BlockFi Why They Banked at SVB

11.4.2023
Sen. Elizabeth Warren (D-Mass.) and Congresswoman Alexandria Ocasio-Cortez (D-New York) want to know why crypto companies, like bankrupt crypto lender BlockFi and stablecoin issuer Circle, banked at now-collapsed Silicon Valley Bank

El Salvador Grants First Digital Asset License to Bitfinex

11.4.2023
Tokenized shares and yield-bearing assets are potential products that could be launched under the new regulatory framework approved by the Central American country

France Publishes Metaverse Consultation, Seeking Alternative to Dominance by Web Giants

11.4.2023
The economy ministry is interested in the virtual worlds' impact on privacy, health and the environment

Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit

11.4.2023
The state of Wyoming is taking umbrage at the Federal Reserve Board’s insinuations that its regulatory framework for special purpose depository institutions (SPDIs) – state-chartered banks that can handle digital assets – are not up to snuff

Stablecoin Issuers, Conglomerates Targeted by IMF After Crypto's 'Rough Year'

11.4.2023
FTX and collapses like Signature, Silvergate and Silicon Valley Bank show need for stronger consumer protection, governance norms, the International Monetary Fund said in its Global Financial Stability Report

SEC Is Adding Attorneys to Crypto Enforcement Unit

11.4.2023
The Securities and Exchange Commission said in March that it was planning to add additional staff to the unit

Employees of South Korean Crypto Exchange Coinone Arrested: Report

11.4.2023
Seoul Southern District Court Chief Judge Kim Ji-Sook issued a warrant for the arrests on Monday, saying "There is concern about escaping."

DeFi Could Be Forced to Incorporate and Certify, French Central Bank Says

11.4.2023
Regulators are seeking to extend EU laws to cover more diffuse and decentralized structures

Montenegro's Central Bank to Develop CBDC Pilot With Ripple

11.4.2023
The pilot will see the central bank identify the practical application of a national stablecoin and come up with a design to simulate its circulation

Bank of England Targets 30-Strong Team for Digital Currency: Report

9.4.2023
Among the positions available: Digital Pound Security Architect and Digital Pound Solutions Architect

CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’

9.4.2023
A central bank digital currency (CBDC) may turn out to be the “single largest assault to financial privacy since the creation of the Bank Secrecy Act,” a policy analysis document released by CATO Institute has said. To stop the U.S. Federal Reserve and Treasury from threatening...

Saudi Arabia Strengthens Bond With China by Joining SCO Bloc as Dialogue Partner

8.4.2023
China’s relationship with Saudi Arabia is growing as the country’s Cabinet has agreed to join the Shanghai Cooperation Organization (SCO). The diplomatic move made by the kingdom began with a memorandum of understanding in September, and at the end of March, Saudi Arabia’s Cabinet...