Regulators Not Afraid to Take Action Against Crypto Rule Breakers, NYDFS Chief Says
The regulator has brought enforcement actions against Coinbase and Robinhood.
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...
ECB Probes Decentralized Settlement for Wholesale Financial Markets
Euro regulators are looking again at their centralized settlement systems as they explore innovative central bank digital currencies.
Robinhood Faces $10.2M Penalty From Multiple U.S. States Over Technical Failures, Investor Harm
The settlement follows an investigation into Robinhood platform outages in March 2020 spearheaded by a regulators in seven states...
Singapore Banks’ Exposure to Bitcoin ‘Insignificant’ but Subject to Highest Risk Weight
Singapore's banks are required to hold $125 of capital against an exposure of $100 to risky cryptocurrencies like bitcoin...
Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
Global payment standard-setters want to slash the cost of sending money abroad – and on Monday, an intergovernmental group...
EU Lawmakers Seek to Cap Banks’ Bitcoin Holdings
European Union (EU) banks that are exposed to cryptocurrencies like bitcoin would face caps and hefty capital requirements under...
A16z Says DAOs May Be Better Off Filing Legal Papers, Paying Taxes
The rise of decentralized autonomous organizations (DAOs) has corresponded with legal headaches over how to formally establish an entity...