Crypto Regulation

ECB President says digital euro will not be a substitute for cash.

Speaking at an online meeting of the Franco-German Parliamentary Assembly, ECB President stated that the bank was exploring "the benefits, risks and operational challenges" of a European central bank digital currency (CBDC), but fiat currency would likely still play a role...

Reserve Bank of Australia does not see any need to issue a CBDC.

According to reports, the Reserve Bank of Australia said in a recent paper on payments that it was skeptical of the benefits of CBDCs and expressed concerns over private stablecoins and their potential impact on the monetary system. In light...

The U.S. Office of the Comptroller of the Currency issued the first official guideline on stablecoins.

The U.S. Office of the Comptroller of the Currency (OCC) Monday issued its first official guidance on stablecoins, which are cryptocurrency whose value is linked to traditional currency holdings. The OCC guidance is potentially game-changing, given that it confirms...

Crypto exchange BitFlyer Europe integrates with the payment giant PayPal.

Crypto exchange bitFlyer Europe has announced an integration with the payment giant PayPal. The move means bitFlyer users can now deposit euros using their PayPal accounts to buy cryptocurrencies. Jacek Bastin, business strategy manager at bitFlyer Europe, told the...

France and Italy regulators continue to crack down on crypto scams – a report by Saumil Kohli.

France’s top financial regulator has published a new list of investment websites that are not authorized to operate within the country, including the so-called digital asset service providers (DASPs). One of the firms that came under the spotlight of...

Blockchain Capital becomes the latest member of the Libra Association – a report by Saumil Kohli.

The Libra Association announced that Blockchain Capital has become the latest member to join the organization behind the Libra project. Blockchain Capital is a reputed blockchain company with a bunch of experts and a good network. Its leverage network...

European Union will introduce crypto-asset regulations by 2024 – a report by Saumil Kohli.

According to the Reuters report, the European Union will introduce new rules within four years to make cross-border payments quicker and cheaper using blockchain and crypto-assets like stablecoins. The European Commission is due to set out its strategy for...

Abkhazia’s government blames crypto mining for the rising energy crisis in the region – a report by Saumil Kohli.

According to the Jam News report, government's year-old ban on crypto mining has not been respected nor enforced by the local authorities, with crypto miners continuing to take advantage of the area's low energy costs. The director of operational...

South Korean court orders to seize investors’ shares of Bithumb – a report by Saumil Kohli.

South Korea's leading cryptocurrency exchange Bithumb came under inspection of Seoul Police due to certain accusations earlier this year. The chairman of Bithumb was found defrauding Bithumb's customers by fooling them into buying fake tokens. The crypto exchange was...

The central bank of Australia is in no rush to launch a CBDC – a report by Saumil Kohli.

According to Australian local news platforms, the Reserve Bank of Australia's recent payments paper indicates that the central bank is taking a cautious approach when it comes to CBDCs and privately issued stablecoins. According to the Australian central bank, there is...

Latest News

The Bermuda Stock Exchange approves Bitcoin ETF.

The Bermuda Stock Exchange (BSX) announced last week that it had approved the Hashdex Nasdaq Crypto Index ETF on...

ECB President says digital euro will not be a substitute for cash.

Speaking at an online meeting of the Franco-German Parliamentary Assembly, ECB President stated that the bank was exploring "the benefits, risks and operational challenges" of a...