The United Arab Emirates’ (UAE) Securities & Commodities Authority has announced that it is now accepting applications for licenses by crypto firms wanting to set up offices in the country.
A Bank of England (BoE) official has said that a digital version of the British pound could soon be used in wholesale markets, potentially taking the UK one step closer to a central bank digital currency (CBDC).
Crypto investors in the US are finding themselves in tricky tax situations, with many of them still struggling with losses from last year’s market downturn and the many bankruptcies that occurred.
A couple at the center of a crypto murder-kidnap case that has rocked South Korea have reportedly confirmed that they gave money to the suspected killer of a 48-year-old woman.
The EU’s new regulatory framework for crypto, known as MiCA, is expected to be debated in the European Parliament on Tuesday or Wednesday next week, with a final vote expected to follow one day later.
US Senator and well-known crypto-critic Elizabeth Warren has joined hands with Congresswoman Alexandria Ocasio-Cortez in asking for more details about Silicon Valley Bank’s (SVB) dealings with crypto companies.
With the aim to further boost the crypto-friendly nation’s exposure to cryptocurrencies, El Salvador has handed its first digital asset license to Bitfinex. The latest move by the country’s regulator National Digital Asset Commission (NDAC) makes the exchange the first international digital asset platform to obtain approval under El Salvador’s Digital Assets Issuance Law.
According to reports, the Group of Seven (G7) organization has set its sights on aiding developing countries in the introduction of central bank digital currencies (CBDCs) that adhere to international standards.