SEC charges Genesis and Gemini for unregistered crypto offer and sale
The SEC has charged Genesis and Gemini for the unregistered offer and sale of securities to retail investors through the Gemini Earn crypto asset lending program.
UK National Crime Agency establishes dedicated crypto cell
The UK National Crime Agency has revealed it is establishing a specialised crypto unit as part of its National Cyber Crime Unit.
US regulators issue warning to banks on crypto exposure risks
Three US regulators have called on banks to be on their guard against crypto exposure risks in the wake of the FTX collapse.
What are the benefits of blockchain in financial services?
With the rise of new digital technologies that are disrupting the financial market, what benefits does blockchain offer?
Central Bank Governors endorse limit on crypto asset bank exposure
The Group of Central Bank Governors and Heads of Supervision (GHOS) has endorsed a finalised prudential standard on banks’ cryptoasset exposures.
CBDC whitepaper unveiled by Indonesian central bank
Bank Indonesia, Indonesia’s central bank, has released a whitepaper that underlines plans for its central bank digital currency (CBDC).
Is 2023 the year of Bitcoin’s death?
A blogpost by European Central Bank representatives has remarked that the current turmoil being seen in the crypto markets is ‘Bitcoin’s last stand’.
France and Luxembourg conclude CBDC project
The central banks of France and Luxembourg have finished an experimental CBDC project to settle a €100m digital native bond, claims Finextra.
ISDA to publish crypto derivatives draft standards by end of 2022
The International Swaps and Derivatives Association (ISDA) is planning to publish its initial set of standards and definitions for the OTC crypto derivatives market by the end of 2022.
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.
