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Regulations
Kraken Accused by SEC of Operating Unregistered Platform, Improperly Mixing Customer Funds
The U.S. crypto exchange is the latest targeted by the Securities and Exchange Commission in a series of similar actions being fought in court by other companies.
CBDCs Like a Digital Dollar Face Doubts Without Privacy Protections, Key Organization Finds
A Bank for International Settlements, or BIS, study found that privacy increases participants' willingness to use a CBDC by up to 60% when purchasing privacy-sensitive products.
Mastercard Says Customers Are Too Comfortable With Today's Money for Adoption of CBDCs: CNBC
The payments giant has a CBDC Partner Program that includes participants such as Ripple, Fireblocks and Consensys.
Global Standards Setter for Securities Regulation Publishes Crypto Markets Policy Recommendations
IOSCO denied crypto industry requests for a bespoke regime for stablecoins while requiring closer cooperation between regulators in promotional material.
California, Texas Among States Accusing GS Partners of Misleading Crypto Investors
Offers of a tokenized Dubai skyscraper and assets in the metaverse were fraudulent and unregistered, state regulators say, and boosted by celebrities such as boxer Floyd Mayweather.
UK's Proposed Crypto Rules Could Drive Away Foreign Firms, Lawyers Say
The government has said it won't extend certain regulatory exemptions reserved for foreign TradFi firms to crypto, potentially making it tougher for companies to enter the market.
Ramaswamy Shares Crypto Plan, Making Him the Only GOP Candidate Who Has One
The 2024 U.S. presidential candidate would fire most of the SEC, direct the government to back off crypto software developers and ease a path for digital assets as commodities.
Head of Dubai Crypto Regulator to Quit to 'Pursue Other Interests'
VARA also plans to fine at least 12 crypto companies for failing to comply with guidelines by a Nov. 17 deadline, Bloomberg reported.
Singapore Central Bank to Start 'Live' Wholesale CBDC Trials
The trials are part of a broader initiative to set up infrastructure for digital money transfers, including tokenization of banking assets.
Do Kwon's Appeal in Fake Passport Case Denied by Montenegro High Court
The founder of Terraform Labs was sentenced to four months in prison, and faces extradition following the completion of his sentence.
