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Regulations
Financial Stability Board to Extend Its Work on Stablecoin Risks in Emerging and Developing Economies
Members of the global financial stability body discussed areas that "warrant further attention" in the crypto sector during a meeting in Toronto last week.

South Africa Re-Elects Cyril Ramaphosa of the ANC as President
The election results are not expected to have much of an impact on South Africa's crypto industry.

Two Men Charged With Running Darknet Marketplace Empire Market
Thomas Pavey and Raheim Hamilton were previously arrested and charged with selling counterfeit currency on AlphaBay, another darknet marketplace.

Nigeria Drops Tax Charges Against Binance Executives
The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case.

More Central Banks Are Exploring a CBDC, BIS Survey Finds
There's a greater chance of a wholesale CBDC being issued within six years than a retail one, according to the report.

Taiwan Crypto Advocacy Body Becomes Formally Active With 24 Entities
The body will act as a bridge between the private sector and the government in supervising the industry.

Former Goldman Sachs Exec Joins Anchorage Digital Bank’s Board of Directors
Connie Shoemaker currently serves as the COO and CFO of asset management firm Bridgewater Associates’ parent company.

EU Body Publishes Final Draft Technical Standards for Prudential Matters: MiCA
The European Union's MiCA legislation - the wide-ranging package of bespoke rules for the crypto sector - was enforced last year.

Ether ETFs Should Be Fully Approved by September, Says SEC Chair Gensler
The chair of the Securities and Exchange Commission told senators in a budget hearing that the applications to run ether spot ETFs should be finished this summer.

Swiss Regulator Shutters Crypto-Linked FlowBank, Begins Bankruptcy Process
FINMA announced Thursday that FlowBank’s minimum capital requirements were found to have been “significantly and seriously breached.”
