In the next five to ten years, the bank expects blockchain infrastructure and tokenization to transform financial and nonfinancial infrastructure and markets. The rally in
Licenced financial organisations must check customer IDs. LFIs must verify client identification under new CBUAE guidelines. By June, the upgrade will take effect. The CBUAE
The peer-elected signatories for the Tornado Cash community fund have delegated wallet management to the DAO. The signatories of the projects’ multi-signature community fund have
After announcing plans to acquire BitGo in May 2021, Mike Novogratz’s Galaxy Digital later abandoned the acquisition but continues to pursue a U.S. listing. Galaxy
Previously, the Department of Financial Protection and Innovation ordered BlockFi and Voyager to cease offering their services within the state. The California Department of Financial
Gregory Dwyer is the final member of the exchange’s management to plead guilty. Three co-founders of the cryptocurrency exchange BitMEX are joined by a fourth
As the central bank of the 19 nations in the European Union that have embraced the euro, the ECB has a vested interest in developing
Phillip Lowe believes that cryptocurrencies have hazards that can be minimized by tight regulations, but that the technology should be developed by private enterprises. Phillip
The major exchanges in South Africa have welcomed the central bank’s intentions to regulate cryptocurrencies as financial assets. In the next 18 months, South Africa’s
The Reserve Bank of South Africa will regulate cryptocurrencies as financial assets, and new legislation is anticipated within the next 12 months. In order to
The state financial regulator stated that Celsius breached state security regulations by offering customers accounts with high crypto interest rates and unethically investing client cash
The Philippine Department of Trade and Industry rejected a move to prohibit Binance, citing the central bank’s lack of regulatory stance on cryptocurrency. A petition
