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.
Singapore set to firm up retail crypto trading rules
The Monetary Authority of Singapore (MAS) has said it could introduce ‘customer suitability tests’ in an effort to discourage the trading of cryptocurrencies.
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.
ECB to reign in crypto with regulatory framework
The European Central Bank (ECB) has released its intentions to form a crypto regulatory framework that aims to make how banks offer crypto assets more consistent.
InvestHK links with HKMA to launch CBDC track to Global Fast Track program
InvestHK and the HKMA have jointly announced the addition of the central bank digital currency track to the Global Fast Track 2022.
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).
