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Regulations
Nigeria's Central Bank in Talks With Blockchain Platform R3 for CBDC Revamp: Bloomberg
The central bank wants full control of the eNaira, and is in early talks with blockchain platform R3 to develop a new system to support the digital currency, according to the report.

FTX Japan Customers Can Begin Withdrawing Fiat, Crypto on Feb. 21
The announcement meets a promise made in December by the ring-fenced exchange.

Many Existing Stablecoins Won’t Meet Forthcoming Global Standards: FSB
The international standard setter's recommendations for regulating crypto and stablecoins are set to be released in July 2023.

Hong Kong Proposes Rules for Crypto Trading Platforms
Service platforms that do not plan to apply for a license should start preparing for closure in the jurisdiction, Hong Kong's securities regulator said.

Custodia Bank Renews Push for Fed 'Master Account' After Rejection
The Federal Reserve and Kansas City Fed rejected Custodia's applications for membership and a master account last month.

Former FTX Executive Nishad Singh Planning to Plead Guilty to Fraud: Bloomberg
Singh, the former engineering director for the collapsed crypto exchange, was a member of Bankman-Fried’s inner circle.

SEC Sues Former NBA Star Paul Pierce Over EthereumMax Promos
The Hall of Famer will pay $1.4 million in penalties and disgorgement to settle charges that he did not disclose payments to promote the token.

Terraform Labs, Do Kwon Transferred More Than 10K Bitcoin Out of Platform Accounts After Collapse: SEC
The securities regulator made the allegation in a court filing as it sued the company for misleading customers.

Crypto Has an Incest Problem
Court filings reveal complex interlocking relations between major crypto firms – with implications for the ecosystem’s resilience, and for customers owed money.

Celsius Failed to Record Some 7,000 Intercompany Transfers Worth Billions Leading Up to Bankruptcy
A lack of record-keeping could make it impossible to "fully reconstruct" the bankrupt crypto lender's multi-billion-dollar intercompany claim, court filings show.
