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Qatar Central Bank in ‘foundation stage‘ of launching digital currency
The bank is exploring technological solutions and platforms for its own digital currency.
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ECB head calls for separate framework to regulate crypto lending
A week after the major American crypto lending platform Celsius had to freeze the withdrawal option for its users, European Central Bank (ECB) president Christine Lagarde voiced her conviction on the necessity of tighter scrutiny over this…
US lawmaker lays out case for a digital dollar
Connecticut House of Representatives member Jim Himes has released a proposal aiming to start a dialogue on the United States potentially launching a central bank digital currency, or CBDC.In a white paper released on Wednesday, Himes urged…
Crickets on day 1, but Proshares short Bitcoin ETF volume up 380% on day 2
The first short Bitcoin (BTC) exchange-traded fund (ETF) from ProShares got off to a very slow start on its Tuesday launch but gathered pace by increasing trading volume by 380% on day two.On launch day on Tuesday, the ProShares Bitcoin…
Coinbase to track off-exchange transactions from Dutch customers
In a new blog post published Thursday, Coinbase says that starting Monday, all of its customers in the Netherlands will need to complete new Know Your Customer, or KYC, requirements when transferring digital assets to wallet addresses that…
Chainalysis tips Australia will crack down on misleading crypto ads
Chainalysis head of international policy Caroline Malcolm expects Australia’s new rules governing crypto advertising, promotion and consumer safeguards to follow a similar path to the United Kingdom when they come into place within the next…
Former Chancellor says UK is falling behind on crypto opportunity
A former Chancellor of the United Kingdom has raised concerns the country is slipping behind its rivals in the European Union when it comes to the cryptocurrency regulation.Philip Hammond, who served as the U.K.’s Chancellor of the…
Singapore’s changed stance on crypto
As recently as last year, Singapore was positioning itself to become a global crypto hub. But with the downtrend and the liquidity crisis in the market, regulators are hardening their stance.
Sopnendu Mohanty, chief fintech officer of the…
Gensler appeals for ‘one rule book’ in negotiations with CFTC over crypto regulation
United States Securities and Exchange Commission (SEC) chair Gary Gensler is in talks with Commodity Futures Trading Commission (CFTC) officials on a “memorandum of understanding” on the regulation of digital assets. Together, the agencies…
Coinbase introduces KYC rules for its Netherland users to comply with local legislation
Coinbase announced its Netherlands users would have to comply with KYC rules when making transfers to wallets off Coinbase. It stated that the rule would bring its operations in compliance with local regulations.
The country’s 1977…