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Latest from Sandali Handagama
EU Banking Watchdog Seeks Feedback on Draft Liquidity, Capital Rules for Stablecoin Issuers
Consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority said.

Swiss Crypto Bank SEBA Wins Hong Kong License
The bank's Hong Kong unit can now deal in and distribute securities, including products related to virtual assets related.

CBDCs Are 'Central' to Innovating Financial Systems, BIS Chief Says
Central banks will have a limited role to play relative to the private sector in CBDC issuance, BIS general manager Agustín Carstens said.

Coinbase Blocked in Kazakhstan for Breaking New Digital Assets Law: Report
Issuance, circulation, and offering trading of "unsecured digital assets" is prohibited outside the country's financial center under laws that came into effect earlier this year.

What's Next for Sam Bankman-Fried's Legal Case?
The FTX founder still faces potential post-trial motions, sentencing and perhaps another trial.

Indian Police Arrest 8 More in $300M Crypto Scam: Report
Four cops were among those arrested, while the operation's alleged kingpin, Subhash Sharma, remains at large, according to local media reports.

UK Financial Watchdogs Publish Plans to Regulate Stablecoins
Big Tech companies like Meta and PayPal will be able to issue payments-focused stablecoins under the proposed rules provided they meet the criteria.

UK Regulator Publishes Guidance for Crypto Marketing Regime
The Financial Conduct Authority’s new ad regime took effect in October.

PayPal UK Unit Registers as Crypto Service Provider
The Financial Conduct Authority's approval means the payments firm can offer certain crypto services and advertise to local clients.

FTX, Alameda Wallets Move More Than $78 Million in Crypto to Exchanges: Spotonchain
The tokens were moved to Binance and Coinbase overnight in accordance with a bankruptcy court order allowing the sale of some FTX assets, data from Spotonchain show.
