Mauritania commissions Germany’s G+D to design CBDC
The prospective CBDC, called the digital ouguiya, will “advance the digital transformation” and boost financial inclusion in Mauritania, the central bank says.
Search Results for: Financial Services Commission
Consensys sues SEC over plans to label ETH an unregistered security
Drawing from previous cases involving securities, Consensys struck the SEC with a complaint as it seeks protection from the U.S. regulator's "administrative state to control innovative technologies."
Roger Ver’s arrest is bad news for some, good news for the rest of us
Roger Ver’s arrest by U.S. authorities on tax evasion charges could signal a turning point in the digital asset sector’s history as ‘crypto’ crooks turn on each other to save their own skins.
Coca-Cola inks $1.1 billion AI partnership with Microsoft
Coca-Cola first announced the partnership in 2020, back then worth $250 million, but is scaling it up to include testing Microsoft’s Copilot AI chatbot.
Terraform and Do Kwon argue fines should be $1 million, not the SEC’s proposed $5.3 billion
Lawyers representing Terraform Labs and its disgraced co-founder Do Kwon have filed a motion opposing U.S. SEC’s request for $5.3 billion in disgorgement and civil penalties, arguing for substantially reduced fines.
Republicans beat up SEC’s Gary Gensler but can’t crimp ‘crypto’ crook crackdown
U.S. SEC Chair Gary Gensler came in for more bashing on Capitol Hill from Republicans, some of whom are planning a symbolic vote to bring him down.
IRS bares new digital asset reporting form for US taxpayers
Under the IRS' latest tax rule, anyone considered a digital asset broker must prepare Form 1099-DA for customers who sell or exchange digital assets to ensure all gains and losses are being reported.
PSAC outlines bold digital transformation strategies for President Marcos
PSAC presented a strategic proposal to President Ferdinand Marcos Jr. that aims to enhance internet connectivity in the Philippines and create one million digital jobs.
Gate2Chain closes new financing led by Ayre Ventures; announces several enterprise clients using its B2B product suites
Gate2Chain has closed a new financing round led by Ayre Ventures and is building a global partner distribution network in collaboration with consulting companies and systems integrators like IBM.
Mixerdämmerung: Samourai Wallet arrests herald twilight of the ‘crypto bros’
The Samourai Wallet founders were charged over conspiracy to commit money laundering and operate an unlicensed money-transmitting business.
South Africa issues digital currency licenses to Luno, VALR
The Financial Sector Conduct Authority announced in 2023 that all VASPs had to obtain a license or shut down by the end of the year.
IRS warns ‘crypto’ fans to include digital asset income on tax return … or else
Partnering with Chainalysis, the IRS insisted on the need for digital asset sales to be reported on businesses' tax returns, threatening evaders with repercussions for non-compliance.