Soramitsu to undertake CBDC studies with Vietnam and the Philippines
Japanese blockchain firm Soramitsu will undertake feasibility studies for central bank digital currencies (CBDC) with both Vietnam and the Philippines.
Taiwan’s Central Bank issues warning about NFT risks
The Central Bank of Taiwan has issued a warning to its citizens about the risks associated with NFTs as a particular mode of investment.
Elon Musk faces $258bn lawsuit for allegedly defrauding Dogecoin investor
Elon Musk will face a $258bn lawsuit from an investor of the Dogecoin cryptocurrency for defrauding him through a ‘crypto pyramid scheme’.
Bangladesh to conduct study for launch of CBDC
The government of Bangladesh has revealed it will conduct a feasibility study to introduce a central bank digital currency (CBDC) in the country.
How will the OECD’s new crypto asset reporting law change the industry?
The Organization for Economic Cooperation and Development (OECD) is currently undertaking a public consultation ahead of the introduction of its new Crypto Asset Reporting Framework (CARF) legislation. When enacted, how will this legislation change the nature of crypto asset reporting?
G7 rally behind swift and comprehensive regulation for crypto
Finance ministers and central bank governors from the G7 have called on the cryptocurrency industry to receive swift and comprehensive regulation.
South Korea to introduce digital currency regulatory framework by 2024
South Korea’s government has revealed it is planning to enforce all-inclusive regulations for the digital currency industry in 2024.
BIS survey finds 9 out of 10 central banks are exploring CBDCs
A study by the Bank of International Settlements has found nine out of ten central banks are exploring the use of central bank digital currencies (CBDCs).
Central African Republic joins El Savador in making Bitcoin legal tender
The Central African Republic has become the second country globally to adopt Bitcoin as an official currency following El Salvador’s introduction last year.
How can compliance boost credibility in the crypto industry?
With the cryptocurrency industry experiencing a huge rise in popularity over the last couple of years, many in the industry are now viewing crypto on par with other established industries.
