Bitcoin

RBI launches Fintech department to deal with Crypto, CBDC challenges

The Reserve Bank of India (RBI) has created a new Fintech department to deal with key challenges in the burgeoning sector.

Cryptocurrency-based crime reached a new high in 2021

A report by Chainalysis has found illicit addresses received $14bn in deposits during 2021, which was almost twice the amount they collected in 2020.

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?

Australia’s CFR backs cryptoasset regulation framework

Australia’s Council of Financial Regulators (CFR) has revealed its support for a government plan to create a new regulatory framework for cryptoassets.

Japan to place new restrictions on stablecoin issuance

Japan’s Financial Services Agency (FSA) has revealed it is proposing new restrictions that would only enable banks and wire transfer services to issue stablecoins.

CertiK continues funding spree as it nets $80m Series B2

Blockchain security firm Certik has bagged $80m from a Series B2 financing raise led by Sequoia Capital China.

US regulatory trio announce plans to establish crypto asset roadmap

Three key regulatory bodies in the US have revealed they are putting together a roadmap to provide greater clarity on a number of areas related to crypto assets.

Zumo eyes decarbonised crypto sector through new purchase pilot program

Crypto wallet and payment platform Zumo has unveiled a pilot renewable energy purchase program aimed at making the crypto sector more sustainable.

Financial inclusion on the mind of Sri Lanka with payment solution launch

The Central Bank of Sri Lanka (CBSL) has introduced LANKAQR, a new digital payment solution focused on reducing cash reliance and bolstering financial inclusion.

Bank of England set to launch CBDC consultation in 2022

The Bank of England (BofE) has revealed it intends to launch a consultation to set out their assessment of the case for a UK central bank digital currency (CBDC) next year.
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