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Latest from Jamie Crawley
French Central Bank Completes First Stage of Its CBDC Experiments
The final stage of the first tranche of experiments consisted of the issuance of a digital bond on a blockchain with settlement in CBDC.

Derivatives Trade Association ISDA to Develop Common Standards for Crypto Assets
ISDA is aiming to characterize the different features of crypto assets and their relevance to contractual standards.

SEBA Bank Offers Token for Digital Ownership of Gold
The token will be backed by physical gold, “ready for anytime, on-demand delivery.”

Animoca Brands Leads $130M Investment in Venture Accelerator Brinc for Web 3 Expansion
The funds will be used to lead Brinc’s expansion into DeFi and crypto gaming.

Germany’s Savings Banks Could Introduce Crypto Trading Next Year: Report
The network of around 400 savings banks across Germany will vote on whether to proceed with the project early in 2022.

Myanmar’s Shadow Government Adopts Tether as Official Currency: Report
The National Unity Government said via a Facebook post that it now accepts USDT.

Crypto Exchange AscendEX Hacked, Losses Estimated at $77M
Assets not affected have been transferred to cold wallets while the investigation is carried out, the exchange said.

SEC’s Gensler Says Crypto ‘Fits in Our Broad Remit’: Report
The U.S. regulator also restated his request to crypto exchanges to “come in, work with the SEC.”

South Africa’s Financial Regulator Is Planning Crypto Rules to Protect Vulnerable Population: Report
The regulations will be unveiled in early 2022 as a response to two major scams that defrauded investors of significant sums earlier this year.

IMF Outlines Need for Global Approach to Crypto Regulation
The IMF called for a “comprehensive, consistent and coordinated” approach to harness the benefits of crypto’s underlying technology while mitigating its risks.
