FDIC Chairman shares views on Crypto’s role in US bank collapses
On May 15, Martin J. Gruenberg, the Chairman of the Federal Deposit Insurance Corporation (FDIC) shared his views…
Samsung and Bank of Korea team up for the future of offline CBDC technology
The Central Bank of South Korea and Samsung Electronics reached an agreement to cooperate on central bank digital…
Chinese government develops national blockchain network amid Crypto ban
After imposing a ban on crypto businesses in September 2021, the Chinese government is looking to expand its…
Silicon Valley Bank collapse: The role of social media and uninsured deposits
Today, Michelle W. Bowman, the Governor and member of the Board of Governors of the Federal Reserve System…
New EU directive to increase monitoring of Crypto markets and combat tax evasion
On May 10, Benjamin Angel, the Director for direct taxation, tax coordination, economic analysis, and evaluation of the…
China’s Crypto ban fails: Digital asset trading continues despite restrictions
In September 2021, China imposed a ban on Bitcoin and crypto trading but a recent report shows that…
Crypto exchanges consider relocating to Asia amid US regulatory uncertainty
A recent report may provide some setbacks to the United States where it’s been mentioned that not only…
Digital Pound to remain separate from Cryptocurrencies, says Bank of England CBDC head
On 9th May, the Bank of England’s central bank digital currency (CBDC) head, Tom Mutton ruled out the…
Hong Kong’s tight regulations for Crypto companies: A step towards a safer digital assets ecosystem
Today, Hong Kong Monetary Authority (HKMA) Chief Executive, Eddie Sue has clarified that Hong Kong is keen to…
Monetary Authority of Singapore presents consultation paper for amendments in Payment Services Act 2019
The Monetary Authority of Singapore (MAS) published a consultation paper to amend the Payment Services Act 2019. On…