Regulations
Boris Johnson's Brother Quits as Binance Adviser
Binance has struggled launch operations in the U.K. and may be facing money laundering charges from the U.S.
UK's Financial Services and Markets Bill Should be Passed by Spring 2023, Treasury Says
The Financial Services and Markets Bill that is currently being debated will give regulators more power over crypto.
Kazakhstan to Press On With CBDC Development Until 2025
For the next two years the country will work on developing industrial operations and cooperate with other central banks on cross-border and currency-exchange applications.
Nigeria to Recognize Crypto as Investment Capital: Report
A proposed bill will lay out crypto supervisory powers of the Central Bank of Nigeria and the country's securities regulator, an official has said.
Sam Bankman-Fried Won’t Contest US Extradition: Reports
The change of heart suggests the founder of the crypto exchange founder could leave his notorious Bahamas jail.
Japan to Exempt Token Issuers From Corporate Tax on Unrealized Gains
Project founders will no longer be subject to hefty taxes which forced them abroad from next April onwards.
Basel Committee Endorses Global Crypto Banking Rules to Be Implemented by 2025
The rules suggested that a bank's exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%.
US Rings Crypto Warning Bell That Regulators Say Only Congress Can Silence
The latest report of the Financial Stability Oversight Council says the risky sector needs Congress to intervene, though crypto hasn’t yet posed a danger to the wider financial system.
Media Groups Win Right to Argue for Publication of FTX’s Million-Strong Creditor List
A final decision on whether to publish the names, which the collapsed crypto exchange says could advantage competitors and breach privacy laws, will follow in January.
DeFi Can Exacerbate Volatility Without Even Avoiding Middlemen, BIS Reports Say
The group of central banks continues its pessimism, as crypto innovations seek to make financial markets more efficient.
