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Regulations
Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDCs
The Bank for International Settlements has been calling on countries to prepare for CBDCs as governments face backlash over privacy concerns.
Changpeng 'CZ' Zhao Steps Down From Binance.US Board
CZ will transfer his voting shares to a proxy, the U.S. affiliate of the global exchange said.
Digital Euro Can End Bank Crises, Is Better Than Deposits, Ex-Bank of Spain Chief Says
A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.
Failure of Multi-Function Crypto Firms a Limited Threat to 'Real Economy': FSB
A new report by the Financial Stability Board said further assessments of possible implications are required because "significant information gaps remain."
EU Lawmakers Call to Reduce Tech Dependency on Other Countries With Metaverse Strategy
The European Parliament's Committee on Internal Market and Consumer Protection wants the bloc to take the lead on shaping virtual worlds according to EU values.
TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams
The program will trial an apparent global first in which Aussie crypto users who activate two-factor authentication on their cryptocurrency accounts will be paid AUD $10 worth of Bitcoin.
Binance Founder CZ Stuck in U.S. for the Moment
Changpeng Zhao was set to return to the UAE, where his wife and children live, but a district judge stayed this part of his bond release for now.
UK Regulator Welcomes Fund Tokenization Plan Proposed by Industry Leaders
The Financial Conduct Authority (FCA) is currently exploring whether it could determine money laundering registration applications more quickly for firms already authorized, the report said.
Binance Founder Changpeng 'CZ' Zhao Isn't a Flight Risk, His Attorneys Say
The Department of Justice wants him to stay in the U.S. prior to sentencing.
Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications
"This shows that MAS is listening, and is willing to consider industry feedback, even if they do not always agree," said Angela Ang, a senior policy adviser for blockchain intelligence firm TRM Labs and a former MAS regulator.
