Japanese Financial Watchdog Appoints New Commissioner
Ryozo Himino, the International Financial Deputy Counselor at Japan’s financial watchdog, will take over as the agency’s new commissioner. Go to Source Powered by WPeMatico
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CoolBitX Partnering with Elliptic to Address FATF’s Travel Rule
CEO Michael Ou says Elliptic’s wallet screening tools with CoolBitX’s Sygna Bridge could help firms comply with the FATF travel rule. Go to Source Powered by WPeMatico
Russia Shelves Plans to Criminalize Bitcoin Transactions – For Now
Russia has dropped plans to criminalize bitcoin transactions – for now, according to local media reports. The Digital Financial Assets Bill (DFA), due to be read for the second time in the Russian parliament – or State Duma – on July 21, has removed references to administrative and criminal liability for dealing in bitcoin (BTC). … Read more
Global Banks Reportedly Limit Service in Hong Kong for Political Reasons
Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law. Go to Source Powered by WPeMatico
Updated Russian Crypto Bill Defangs Punishments for Using Crypto
Newest version of Russian bill “On Digital Financial Assets” does not criminalize crypto usage, but there is one more bill that might. Go to Source Powered by WPeMatico
French Central Bank Picks Accenture, HSBC and Others for Digital Euro Pilot
The central bank of France is about to start several experimental trials centering the digital euro. Go to Source Powered by WPeMatico
Romania Is on the Way to Blockchain and Crypto Regulation
The European Union’s 5AMLD has been adopted as the first regulation in Romania of virtual currencies, crypto-wallets and fiat-crypto exchange platforms. Go to Source Powered by WPeMatico
Korean Exchanges Struggle With Expansion Amid Uncertain Regulations
Cryptocurrency exchanges in Korea shrink within national boundaries due to lack of regulatory clarity. Go to Source Powered by WPeMatico
Bank of Japan Has New CBDC Research Team But No Plans to Launch
Bank of Japan has announced the launch of a new CBDC research team, which will continue the work of its previous CBDC research team. Go to Source Powered by WPeMatico
Second Lawsuit Filed Against Plaid
Another class action lawsuit against Plaid has been filed citing the company violated user data privacy. Go to Source Powered by WPeMatico