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China Central Bank Official Reveals Results of First Digital Yuan Pilots


An official for China’s central bank has unveiled usage statistics of state-backed digital currency trials that were conducted in three Chinese cities. Speaking virtually at the Sibos 2020 conference on Monday, Fan Yifei, deputy governor of the People’s Bank of China, said the bank opened 113,300...

CFTC Enforcement Director McDonald to Leave This Week


The Commodity Futures Trading Commission (CFTC) said on Tuesday Division of Enforcement Director James McDonald will depart the agency this Thursday, Oct. 8. McDonald has served as director of Enforcement since April 2017

FCA Bans Sale of Cryptoderivatives to Retail Consumers in UK


The FCA has published final rules banning the sale of derivatives and exchange traded notes (ETNs) that reference certain types of cryptoassets to retail consumers. The FCA said it considers these products to be ill-suited for retail consumers due to the harm they pose, asserting these products...

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