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Reserve Bank of India ‘exploring the possibility’ of a digital currency
Less than a year after the Indian supreme court overturned the Reserve Bank of India’s ban on crypto businesses, the bank’s position on digital assets is looking…
Bitkub submits improvement plans to Thai SEC and resumes trading
Bitkub, Thailand’s largest cryptocurrency exchange, resumed its services on Jan. 23 following a brief period of shutdown enforced by the country’s Securities and…
Bahrain central bank licenses Sharia-compliant crypto exchange
CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB.The…
Breach at Indian exchange BuyUCoin allegedly exposes 325K users’ personal data
Users of Indian crypto exchange BuyUCoin have reportedly been affected by a breach compromising personal data of more than 325,000 people.According to a report…
Cryptocurrency makes World Economic Forum’s Davos Agenda
The World Economic Forum’s upcoming Davos Agenda will feature two separate sessions on cryptocurrency, offering another compelling sign that digital assets have…
The United States updates its crypto AML/CFT laws
Against great push back from the crypto industry and as the price of Bitcoin (BTC) reached new all-time highs several times during the last couple of months, the…
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BitMEX operator joins digital finance standards and advocacy organization
100x Group, BitMEX’s parent company and the holding structure for its platform, has joined Global Digital Finance, or GDF, a major industry association advocating…
While China’s CBDC sets the pace, the yuan stumbles in usage abroad
Despite rapid advancement of a digital yuan, China's progress in internationalizing its currency has stalled out in recent months. Per data from SWIFT's RMB…
Tarbert makes way for Biden’s CFTC chair, but will remain a commissioner
Heath Tarbert is no longer the chairman of the Commodity Futures Trading Commission, but he will remain one of its five commissionerIn a CFTC announcement on…
Treasury Secretary nominee says crypto has potential to improve the financial system
U.S. President Joe Biden's pick for Treasury Secretary Janet Yellen may see more benefits to cryptocurrency than her previous testimony indicated. After a virtual…
Bank payments going global with stablecoins and CBDCs, Jan. 15–22
Editor's noteIt may be too late for resolutions and too early for Lent, but lacking any discrete occasion, I would still like to give up United States political…
Senate committee votes unanimously in favor of Yellen as Treasury Secretary
Janet Yellen, the former Chair of the Federal Reserve, is one step closer to earning the nomination of Treasury Secretary. The Senate Committee on Finance voted…
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VanEck files with SEC for ETF that tracks crypto companies’ performance
VanEck, a major American investment management firm, is making another attempt to launch a digital asset-related exchange-traded fund, or ETF.According to a Jan.…
Komainu to store crypto confiscated by UK law enforcement
Digital asset custodian Komainu is working with authorities in the United Kingdom to store crypto confiscated as part of criminal investigations.Komainu is a…
Upbit launches in Thailand just days after regulators suspended Bitkub
Crypto exchange Upbit is entering the Thai market at a fortuitous time when the kingdom’s most popular exchange, Bitkub, remains suspended by government…
Japanese police are investigating 30 people allegedly involved in the 2018 Coincheck hack
Authorities in Japan are reportedly targeting individuals for their alleged involvement in the January 2018 hack of the Coincheck crypto exchange.According to a…
NYDFS hosts crypto industry competition to get real-time data on Bitlicensees
New York's financial regulator is asking for new tools to gather real-time financial data. On Thursday, the New York Department of Financial Services announced new…
Former Ripple advisor set to become Comptroller of the Currency: WSJ
According to the Wall Street Journal, a former member of Ripple’s board of advisors directors is likely to become the next Comptroller of the Currency.The report…
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President Biden freezes FinCEN’s proposed crypto wallet regulations
One of the first actions President Joe Biden has taken on his first day in office is to freeze Federal regulatory process, including the controversial self-hosted…
Sweden is working with DLT for its CBDC proof-of-concept
Central Bank Digital Currencies, or CBDCs, were the talk of the town for many in crypto and banking in 2020, with Sweden's prospective e-krona one of the…