Bank of Canada and MIT collaborate on CBDC project
The Bank of Canada and the Massachusetts Institute of Technology (MIT) will collaborate on a 12-month project exploring central bank digital currencies (CBDCs).
EU regulatory trio offers warning on crypto assets risk
The European Supervisory Authorities have sent out a warning to consumers that many crypto assets are ‘highly risky and speculative’.
Chainalysis unveils two sanctions screening tools for crypto firms
Blockchain data platform Chainalysis has sped up the launch of two new sanctions screening tools to help the cryptocurrency industry.
Thailand eases crypto tax regulations to promote digital asset investments
Thailand’s finance ministry has loosened regulations around crypto tax in order to foster investment in the country’s digital asset market.
Crypto, NFTs ads required to carry ‘highly risky’ disclaimer
The Advertising Standards Council of India (ASCI) has said that all ads for virtual digital assets may carry a disclaimer underlining their riskiness.
European Parliament postpones crypto regulation vote amid backlash
The European Parliament has postponed a vote on crypto asset regulation after a leaked draft included a provision that sought to ban cryptocurrencies.
HMRC seizes NFTs for first time ever in £1.4m fraud bust
Her Majesty’s Revenue and Customs have revealed that have seized 3 non fungible tokens (NFTs) during an investigation into a fraud case worth £1.4m.
Do crypto assets pose a global threat to financial stability?
The Financial Stability Board (FSB) has claimed that the crypto assets market could pose a serious threat to financial stability if regulators fail to take action.
FBI establishes cryptocurrency unit
The FBI is setting up a cryptocurrency-focused unit that will look to work closely with the US Justice Department.
Why cryptocurrency is on the long road to compliance
As cryptocurrency continues its break-neck rise in popularity and usage, the calls by lawmakers and the financial industry for its greater regulation are getting louder and louder.
