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Regulations
EU Consultation Warns on Risk of Big Players Becoming Metaverse Gatekeepers
The European Commission raised the risks to privacy, openness, cybersecurity and equality in online virtual worlds.
India Targeting One Million CBDC Users in Three Months, Prioritizing Offline Transfers: Sources
Around 100,000 users have participated in the country's central bank digital currency pilot since it kicked off in December.
Japan Approves Web3 White Paper to Promote Industry Growth in the Country
The document proposes more tax reforms, clearer accounting standards and a DAO law.
Singapore Working With Banks to Provide Guidance on Crypto Businesses: Bloomberg
An industry report is expected to outline best practices in areas including due diligence and risk management.
ANZ Bank Completes Carbon Credits Trading as Part of Australia's CBDC Pilot
ANZ partnered with Grollo Carbon Ventures to trade Australian Carbon Credit Units (ACCU).
Major Crypto Firms Need Extra Rules, Global Cooperation, ECB’s McCaul Says
The central banker said firms like Binance should be forced to disclose legal status and lines of accountability, with extra rules on top of the European Union's upcoming MiCA crypto regulation.
NYDFS Chief Dismisses 'Choke Point 2.0' Theory of Signature’s Closure as 'Ludicrous'
Adrienne Harris, the superintendent of the New York Department of Financial Services, said the decision to close the bank was instead due to a “new-fashioned bank run.”
Craig Wright’s UK Contempt of Court Case Over Alleged Embargo Breach Abandoned
Judges at the High Court in London said they didn’t have the resources to explore the issue fully.
The SEC's Beaxy Suit Looks Like a Coinbase Case Preview
The SEC took pains to note the Beaxy exchange did a lot of illegal trading. Is this a preview of its action against Coinbase?
Japan Regulator Flags 4 Crypto Exchanges Including Bybit for Operating Without Registration
Bitget, BitForex and MEXC Global were also named in the Financial Services Agency's warning letter.
