BIS Innovation Hub unveils new CBDC prototype
The Bank of International Settlements (BIS) Innovation Hub’s Swiss Centre has launched a new project as a prototype CBDC.
New York Fed, MAS link to explore wCBDCs for cross-border payments
The Federal Reserve Bank of New York and the Monetary Authority of Singapore (MAS) have linked to explore the use of wholesale CBDCs for cross-border payments.
MEPs approve new stricter cybersecurity rules
New rules requiring EU countries to meet stricter supervisory and enforcement measures as well as harmonising sanctions have been approved by MEPs.
Study finds $4bn illicitly laundered through DeFi exchanges
Cryptoasset risk management firm Elliptic has found that criminals have used DeFi exchanges amongst other things to launder more than $4bn in crypto.
Kim Kardashian given $1.26m fine for crypto promotion
Kim Kardashian has been given a $1.26m charge by the SEC for promoting a crypto asset without disclosing the pay-out she received for it.
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.
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).
