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Regulations
European Banks Must Fully Cover Crypto Holdings With Capital, Draft Text Says
A leaked proposal that faces a vote on Tuesday deems crypto assets to be the riskiest kind, in line with emerging international guidelines
Indian Government Launches Blockchain Initiative With 5ire, Network Capital
5ire said in July it raised $100 million in Series A funding from U.K.-based conglomerate Sram and Mram.
Digital Euro Will Never Be Programmable, ECB’s Panetta Says
Some observers have touted restrictions on how people can spend their money as an advantage of a central bank digital currency.
In Wake of FTX, New York Reminds Crypto Firms to Segregate Customer Funds
The crypto exchange's bankruptcy proceedings revealed poor segregation of customer funds, so the New York regulator is reminding service providers to keep clean records.
Crypto Exchange Bitzlato Converted Over $1B in Crime-Linked Assets, Europol Says
Several senior executives have been arrested in Spain, Europol announced, following founder Anatoly Legkodymov's arrest in Miami.
Central African Republic Forms Committee to Draft Crypto Bill
The country, which made bitcoin legal tender in April, wants to pave way for broader crypto adoption.
South African Self-Regulatory Body Mandates Risk Warnings in Crypto Ads
Under the industry’s self-regulation code, advertisements must clearly warn users of investment risk and social media influencers shouldn’t offer trading advice.
World Economic Forum Wraps Up Davos 2023 With Sparks
The WEF's annual meeting closed with a fiery panel on the role of regulators in crypto.
At Davos, Dutch Central Bank Chief Takes Aim at Jurisdictions That Attract Bad Crypto Actors
Klaas Knot called the appealing localities with lax restrictions "sunny places for shady people." He was part of the only mainstage panel focused explicitly on crypto at this year’s World Economic Forum.
‘No Point’ to European Union's Crypto Rules Unless World Follows Suit, Official Says
FTX's collapse may have added fuel for those seeking stricter crypto rules, but even the good guys may get it wrong, Mairead McGuinness told CoinDesk.
