Why the crypto asset meltdown may have far-reaching implications
The collapse of cryptocurrency appears to be underway. Over the past six months, the value of Bitcoin alone has fallen almost 50% - and could be set to fall even further. Will this lead to further-reaching implications?
ECB to issue Eurozone warning on need for crypto regulation
The European Central Bank is expected to issue a warning to Eurozone countries around the need to harmonise cryptocurrency regulation, the Financial Times has reported.
EU lawmakers settle on MiCA regulation for crypto
The Council Presidency and European Parliament have come to an agreement on the Markets in Crypto Assets (MiCA) proposal.
North Korean hackers blamed for $100m heist
North Korean hacking group Lazarus is supposedly the prime suspect in a $100m hack of a cross-chain cryptocurrency bridge called Horizon Bridge.
Soramitsu to undertake CBDC studies with Vietnam and the Philippines
Japanese blockchain firm Soramitsu will undertake feasibility studies for central bank digital currencies (CBDC) with both Vietnam and the Philippines.
Taiwan’s Central Bank issues warning about NFT risks
The Central Bank of Taiwan has issued a warning to its citizens about the risks associated with NFTs as a particular mode of investment.
Elon Musk faces $258bn lawsuit for allegedly defrauding Dogecoin investor
Elon Musk will face a $258bn lawsuit from an investor of the Dogecoin cryptocurrency for defrauding him through a ‘crypto pyramid scheme’.
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.
New York DFS issues regulatory guidance on stablecoins
New York State Department of Financial Services has issued new regulatory guidance on setting foundational criteria for USD-backed stablecoins.
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?
