China’s central bank plans digital yuan pilot for payments to Hong Kong
China’s central bank and the Hong Kong Monetary Authority, or HKMA, are in the preliminary stages of piloting the digital yuan for cross-border payments —...
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SEC lands $700K victory in another ICO court case
After years of legal action from United States governing bodies, Blockvest, a 2018 initial coin offering, or ICO, has received its final orders. “The SEC,...
Execs from ‘99% fake’ exchange face charges over market manipulation
Police have charged Coinbit chairman Choi Mo and two unnamed executives with fraud and forgery related to market manipulation and prosecutors are preparing the case.
German government unimpressed by Facebook stablecoin’s rebrand
Facebook’s Diem stablecoin, which recently changed its name from Libra, is still failing to impress German regulators. As reported by Reuters, German Finance Minister Olaf...
Canada could launch CBDC sooner than expected, central bank exec says
Timothy Lane, Deputy Governor of the Bank of Canada and head of research at the bank’s fintech and crypto department, claimed that Canada’s central bank...
Cayman Islands introduce regulations for virtual asset service providers
The Ministry of Financial Services of the Cayman Islands Government announced that it has commenced a regulatory framework for virtual asset service providers, or VASPs....
Binance US on track to launch in all 50 states by 2021
New legislation may make it possible for Binance US, the American branch of crypto exchange Binance, to open its doors to all traders in every...
Congresspeople speak out against Tlaib’s anti-stablecoin bill
On Wednesday night, Congresswoman Rashida Tlaib introduced a bill before the U.S. House of Representatives looking to make fiat-pegged stablecoin operators abide by the same...
‘New rules’ for SEC could follow example set by Wyoming, says Hester Peirce
Hester Peirce, commissioner for the United States Securities and Exchange Commission and best known by the affectionate nickname “Crypto Mom,” says the regulator may not...
Christine Lagarde invites public comments on eurozone CBDC
In a Twitter thread on Sunday, Christine Lagarde, former Managing Director of the IMF and current President of the European Central Bank, invited public commentary...
