Crypto Bahamas: Regulations enter critical stage as gov’t shows interest
SALT’s Crypto Bahamas brought together traditional financial players with crypto companies and industry experts to discuss the future of digital assets.
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Eurosystem Seeks Providers of Prototype Payment Solutions for Digital Euro
Eurozone’s monetary authority, the Eurosystem, is looking to enlist financial companies willing to develop front-end solutions for the digital euro. The plan is to carry out a “prototyping exercise” this…
BNY Mellon Enters Singapore’s Digital Assets Market With BAS Tie-Up
Blockchain Association of Singapore (BAS) on Wednesday announced a partnership with American banking major BNY Mellon. As per the MoU, the latter comes on board BAS as a strategic collaborator.…
Neither Jewelry nor Cash: Afghans Looking to Crypto for Preserving Their Wealth
Despite the recent trend of developing countries gaining exposure to cryptocurrencies, buying digital assets like Bitcoin, Ethereum, and stablecoins isn’t easy at all in countries like Afghanistan. Since last August,…
OCC issues order against Anchorage Digital over AML compliance
The bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set up federally regulated digital asset banks.
Australian prudential regulator releases roadmap for cryptocurrency policy
The Australian Prudential Regulation Authority foresees enacting requirements for bank exposure, operational risk and stablecoins by 2025.
Russian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets
Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks. While financial regulators think the idea deserves attention,…
Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing
The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no…
Russian bankers reportedly want to outlaw noncustodial crypto wallets
The Association of Banks of Russia has previously collaborated with Binance as part of its expert center focused on crypto regulation.
Circle to Apply for Crypto Bank Charter Soon: CEO Jeremy Allaire
Circle Internet Financial, the issuer of USDC stablecoin, is planning to apply for a crypto bank license in the US in the near future. According to co-founder and CEO Jeremy…
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