Crypto Assets
DNB fines Coinbase for ‘severe’ non-compliance
Crypto exchange fined €3.3 million for operating without registration
EU approves ‘prohibitive’ capital rules for banks’ crypto holdings
Draft law implements final parts of Basel III, planned for January 2025
Central Bank of Bahrain governor celebrates Binance launch
Expansion into gulf state comes as other crypto exchanges cut their workforces
Russia and Iran discuss joint gold-backed stablecoin
Digital currency would be used for foreign trade settlements in special economic zone
Ban, contain, regulate: BIS weighs crypto policies
Central banks can do more to address inefficiencies in the monetary system, authors say
Regulators should treat crypto trading as gambling – Panetta
Self-destruction of crypto sector is not assured, says ECB official
Bank of Russia eases disclosure rules on digital asset firms
Moves designed to ease sanction pressure, as Nabiullina signals use of crypto for international trade
Bahamas Securities Commission denies secret agreement with FTX
US liquidator claims millions of dollars were withdrawn with authorities’ agreement
Prosecutors call FTX ‘one of the biggest frauds’ in US history
Sam Bankman-Fried arrested in Bahamas as US authorities file charges
New York Fed advances two digital asset exchange projects
Regional Fed to test cross-border payments with MAS and explore “regulated liability network”
Bahamas regulator clarifies mystery withdrawals after FTX collapse
Court documents reveal sprawling FTX subsidiaries worldwide
BoE’s Cunliffe details ‘familiar’ failings at FTX
Deputy governor says crypto assets need to be regulated
BIS publishes database on bitcoin adopters
Evidence suggests speculation is key motive for holding bitcoin, rather than distrust of traditional institutions
FTX collapse: what went wrong?
Regulators close in as downfall of major exchange rips through crypto sector
Hong Kong consults on allowing retail crypto trading
Officials hope to improve city’s appeal to tech investors as Singapore proposes tougher crypto regulation
Hsu says US needs proper regulation of bank-fintech alliances
Policy-makers focus too much on crypto, says comptroller
NY court orders world’s largest stablecoin issuer to prove reserves
Defendants accused of crypto market price manipulation
Iran legalises crypto for imports
Trading crypto domestically still illegal, central bank tells citizens
Ethiopia tells crypto firms to register with cyber security agency
National Bank of Ethiopia had said transactions using crypto are illegal
Australian government will map crypto asset holdings
Move is necessary to oversee “largely unregulated” crypto sector, finance minister says
UN warns against rapid adoption of crypto in developing nations
Tax evasion depletes resources for development, report finds
Philippine central bank to freeze licensing of digital asset firms
Existing financial institutions under the BSP’s supervision can still apply for a licence
Crypto emissions will lower valuations, says ECB paper
European banks must incorporate crypto into estimates of climate transition risks
Basel Committee proposes capital add-ons for crypto exposures
Committee tightens proposed rules in several areas following high-profile crypto failures