Kroo lands full UK banking license
Digital neobank Kroo has secured a full UK banking license, ahead of its plans to launch personal current accounts.
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.
UK set to tighten regulatory grip on BNPL credit agreements
The UK government has announced new plans to strengthen the regulation of interest-free buy now, pay later (BNPL) credit agreements.
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.
New York DFS issues regulatory guidance on stablecoins
New York State Department of Financial Services has issued new regulatory guidance on setting foundational criteria for USD-backed stablecoins.
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?
How can merchant payments firms navigate the European regulatory landscape?
With a central bank digital currency (CBDC) anticipated to be launched in Europe soon, it is becoming increasingly important that merchants can prepare to accept such a currency.
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.
