Crypto juggernaut FTX set to snap up Bitvo
FTX, a big player in the crypto industry, has entered a deal to purchase Canadian cryptocurrency firm Bitvo for an undisclosed fee.
Circle set to unveil Euro-backed stablecoin in US market
Circle Internet Financial, the issuer of the USD Coin dollar-pegged stablecoin, is set to introduce a new stablecoin backed by the single European currency.
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.
Could 2022 be the year of the CBDC?
With the rise of cryptocurrencies showing no signs of slowing down, the growth of central bank digital currencies (CBDC) appears to be another trend on the ascendancy. Will 2022 prove to be a red-letter year for CBDC adoption?
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 government has revealed it is planning to enforce all-inclusive regulations for the digital currency industry in 2024.
Crypto banking firm BVNK snares $40m
BVNK, a banking and payments platform targeting firms that are seeking crypto integration, has raised $40m in a Series A funding round.
SEBA Bank, HashKey team up to drive digital assets in Hong Kong & Switzerland
HashKey Digital Asset Group and SEBA Bank have signed a partnership as they look to help accelerate adoption of digital assets in Hong Kong and Switzerland.
SEC to expand crypto, cyber enforcement unit with new appointments
The Securities and Exchange Commission has allocated 20 new positions to the unit focused on protecting investors in crypto markets and from cyber-related threats.