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Other Cryptocurrencies

CBDC

France and Luxembourg conclude CBDC project

The central banks of France and Luxembourg have finished an experimental CBDC project to settle a €100m digital native bond, claims Finextra.
ISDA

ISDA to publish crypto derivatives draft standards by end of 2022

The International Swaps and Derivatives Association (ISDA) is planning to publish its initial set of standards and definitions for the OTC crypto derivatives market by the end of 2022.
BIS

BIS Innovation Hub unveils new CBDC prototype

The Bank of International Settlements (BIS) Innovation Hub’s Swiss Centre has launched a new project as a prototype CBDC.
New York

New York Fed, MAS link to explore wCBDCs for cross-border payments

The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.
MEPs

MEPs approve new stricter cybersecurity rules

New rules requiring EU countries to meet stricter supervisory and enforcement measures as well as harmonising sanctions have been approved by MEPs.
MiCA

EU passes MiCA legislation in crypto regulation breakthrough

The European Union has come one step closer to making crypto regulation a reality after it passed the Markets in Crypto Assets Regulation (MiCA) bill.
FSB

FSB proposes framework for international cryptoasset regulation

The Financial Stability Board (FSB) has published a proposed framework for the international regulation of crypto-asset activities.
DeFi

Study finds $4bn illicitly laundered through DeFi exchanges

Cryptoasset risk management firm Elliptic has found that criminals have used DeFi exchanges amongst other things to launder more than $4bn in crypto.
Kim Kardashian

Kim Kardashian given $1.26m fine for crypto promotion

Kim Kardashian has been given a $1.26m charge by the SEC for promoting a crypto asset without disclosing the pay-out she received for it.
ECB

ECB: digital euro will not be available until 2026 at least

The European Central Bank (ECB) has said EU citizens are unlikely to see a digital euro until 2026 at the earliest as the bank considers further design and distribution considerations.
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