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Article by Steve Kaaru

China’s banking regulators issue warning against NFTs
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18 April, 2022

China’s banking regulators issue warning against NFTs

The three watchdogs warned against including securities as underlying commodities for NFTs, using digital currencies to pay for them, or...
South Africa completes second phase of wholesale CBDC trials
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16 April, 2022

South Africa completes second phase of wholesale CBDC trials

Project Khokha 2 involved the country’s top banks, which experimented on a wCBDC for interbank payments settlement, but SARB says...
NYDFS gets additional oversight authority over digital currency firms
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15 April, 2022

NYDFS gets additional oversight authority over digital currency firms

The New York financial watchdog was assigned the responsibility of developing a new assessment mechanism for VASPs in the state’s...
European Commission launches consultation on digital euro
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15 April, 2022

European Commission launches consultation on digital euro

The commission wants to hear from finance specialists on their needs and expectations for a digital euro, its role in...
Georgia now working towards FATF-compliant digital currency regulations
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15 April, 2022

Georgia now working towards FATF-compliant digital currency regulations

Georgia’s central bank is working with the IMF on the regulations, which will include registration of VASPs, compliance testing, and...
Philippines: PayMaya’s parent firm achieves ‘unicorn’ status after raising $210M in new funds
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15 April, 2022

Philippines: PayMaya’s parent firm achieves ‘unicorn’ status after raising $210M in new funds

PayMaya’s parent company Voyager Innovations raised the funds from SIG Venture Capital and others as it branches into lending and...

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