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Regulations
Russia to Test Digital Ruble With Banks, Clients
The country's central bank will begin real-world tests of the digital currency with 13 banks and limited clients on Aug. 15.
Fed Starts New Program to Oversee Crypto Activity in U.S. Banks
Fresh crypto guidance from the U.S. central bank doesn’t represent a departure from previous policy, but it provides more details on what the Federal Reserve expects from banks.
Sam Bankman-Fried Will Still Face Campaign Finance-Related Charge, Justice Department Says
Prosecutors had dropped a campaign-finance charge against the FTX founder last month.
Crypto Brokerage Blockchain.com Receives Institution License From Singapore
The company had received an in-principle approval from the Monetary Authority of Singapore last year.
UK's Central Bank Forges Ahead With Plans for a Systemic Stablecoin Regime
The U.K. recently passed the Financial Services and Markets Act 2023 into law, which gave the BoE powers to set up a systemic stablecoin regime.
Worldcoin Nairobi Warehouse Raided by Kenyan Police: Reports
The project failed to reveal its true intentions when it registered in the country, authorities say.
Hong Kong's New Crypto License Could Cost Exchanges a Pretty Penny
The city’s new licensing regime paves the way for exchanges to operate legally and serve retail clients but tough compliance requirements could cost firms as much as $20 million, industry insiders say.
Coinbase Moves to Dismiss SEC Lawsuit, Alleging Crypto Falls Out of Regulator's Oversight
The agency claims that the exchange operated as an unregistered broker, exchange and clearing agency.
Revolut Suspends U.S. Crypto Platform Over Regulatory Uncertainty
The digital bank said U.S. customers will not be able to access crypto via its platform starting Oct. 3.
Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China
Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges.
