Multiple central banks team with BIS on CBDC exploration
Central banks in Israel, Norway and Sweden will team with the Bank of International Settlements to explore how CBDCs can be exploited for international retail and remittance payments.
IMF calls for regulation of the cryptoasset ecosystem
The International Monetary Fund (IMF) has called for the greater regulation of the cryptoasset market.
White House establishes framework for digital assets
The White House has launched a framework for the development of digital assets, which is the first of its kind in the US.
SEC guidelines set to hamper banks’ crypto projects
New accounting guidance from the US Securities and Exchange Commission (SEC) has potentially hamstrung banks’ crypto projects, Finextra has claimed.
Australia to begin review of crypto regulation
Australia will begin a review of how crypto assets are managed, with a view toward keeping practices up to date and protecting consumers, CoinDesk has revealed.
NFT transactions to climb to 40 million by 2027
A study from Juniper Research has found that the global number of NFT transactions will climb from 24 million in 2022 to 40 million by 2027.
Bank of Thailand to initiate CBDC pilot study
The Bank of Thailand has said that it is starting a pilot study of a retail central bank digital currency (CBDC).
UK Parliament initiates inquiry into crypto and digital assets sector
A cross party group in the UK Parliament has begun an inquiry into the UK’s cryptocurrency and digital assets sector.
Robinhood crypto division slapped with $30m penalty
Robinhood Crypto has been given a $30m penalty by the New York Department of Financial Services for violations of cyber and money laundering regulations.
CBDCs could be the ‘holy grail’ of cross-border payments, claims ECB
A new paper by the European Central Bank (ECB) has said CBDCs could be the answer to a ‘thousand-year search for the holy grail of cross-border payments’.
