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Certain Banks' Crypto Exposure Dropped by 44% Globally in 2022 From Previous Year: BIS
28.2.2023
Banks across the globe lowered their exposure to certain crypto by 43.6% in a year, a report by the Basel Committee on Banking Supervision (BCBS) said on Tuesday
DLT Not Efficient Enough to Power CBDCs: BOE’s Cunliffe
28.2.2023
The Bank of England is experimenting with tokenizing assets for real estate sales, as well as developing a digital pound, lawmakers were told
In Creating Better Web3 Experiences, Developers Must Anticipate Regulatory Scrutiny
27.2.2023
Web3 developers will need to integrate the solutions to both technical and regulatory hurdles as they continue to build accessible and streamlined Web3 dapps
UK Banking Regulator to Propose Rules on Issuing, Holding Crypto
27.2.2023
The U.K. also recently started a consultation on regulating the sector and a potential central bank digital currency
Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense
27.2.2023
Illinois is trying to follow in New York’s crypto footsteps with a new oversight regime, according to David DeCarlo, Illinois’ first regulatory innovation officer, who is among the prominent advocates for the plan now being shepherded through the state legislature
Tel Aviv Stock Exchange Plans to Let Customers of Its Nonbank Members Trade Crypto
27.2.2023
The operator of Israel's public equity trading platform has also been working on setting up a blockchain-based digital asset trading platform
$1B Voyager-Binance Deal Benefits Halved if Alameda Loan Claim Succeeds: Texas Regulators
27.2.2023
The filing opposing the Binance US deal casts doubt on the firm's relationship with Binance.com and alleges its staking service is illegal
IMF to prefer regulating crypto than banning it outright: Report
27.2.2023
On the sidelines of the G20 meeting in India, IMF managing director Kristalina Georgieva said the agency would prefer to regulate crypto than an outright ban
Global Crypto Rules to be Based on Coming FSB & IMF Synthesis Paper, India Says After G20 Meetings
25.2.2023
Going forward, the basis of global crypto rules will be formed on a new synthesis paper, jointly produced by the International Monetary Fund (IMF) and the Financial Stability Board (FSB)
The limitations of the EU’s new cryptocurrency regulations
25.2.2023
By the time MiCA makes it through the EU, will it be enough to effectively regulate the crypto industry on the continent?
IMF Board Offers Guidance for Developing Effective Crypto Policies
25.2.2023
The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “better mitigate the risks posed by crypto assets while also harnessing...
EU Metaverse Policy Should Consider Discrimination, Safety, Data Controls: Commission Official
24.2.2023
The European Commission plans to set out its policy on virtual worlds in May
FATF Agrees on Action Plan to Drive Implementation of Global Crypto Norms
24.2.2023
The global financial crime watchdog's plenary, made up of 206 members of observer organizations like the IMF and the UN, will also take stock of what jurisdictions have been doing so far
Crypto Wallet Firm Dfns Says ‘Magic Links’ Have Critical Vulnerability
24.2.2023
Crypto wallet service provider Dfns is publicly disclosing that some "magic link" passwordless sign-in services are vulnerable to phishing attacks, but affected companies are concerned the company rushed to publish
Digital Euro Should Prioritize Online, Peer-to-Peer Payments, ECB Says
24.2.2023
Transfers in stores and to governments could take longer, but basic personal CBDC use should be free, the central bank said
Australian Markets Regulator is Reviewing Binance Australia's Derivatives Services
24.2.2023
Australian markets regulator is conducting a targeted review of Binance Australia's local derivatives services a day after Binance said it had incorrectly tagged 500 Australian users as "wholesale investors," resulting in their derivative positions being unceremoniously closed
SEC is not the appropriate regulator for stablecoins: Circle CEO
24.2.2023
Circle boss Jeremy Allaire maintains that "payment stablecoins" are payment systems, not securities
The SEC's Stablecoin Hammer, Courtesy Terraform Labs and Do Kwon
24.2.2023
The U.S. Securities and Exchange Commission sued Terraform Labs and Do Kwon last week, alleging the terraUSD stablecoin was a security, alongside various other tokens and products. This feels pretty important
Crypto Bank Custodia's Bid for Fed Supervision Rejected Again
23.2.2023
The Federal Reserve Board announced Thursday it had again rejected crypto bank Custodia's bid for Fed supervision
IMF Board 'Generally Agreed' Crypto Shouldn't Be Legal Tender
23.2.2023
Outright crypto bans aren’t ideal but shouldn’t be ruled out, the International Monetary Fund leadership said