Article by Steve Kaaru
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17 December, 2021
Cyprus gov’t to regulate the ‘risky’ digital currency space
The Finance Ministry in Cyprus noted there are several risks with digital currency trading, but commended local law enforcement authorities...
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17 December, 2021
Bank of England warns digital currency growth could pose financial stability risks
In a recent report, the bank said that digital currencies make up a small percentage of assets in the U.K.,...
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16 December, 2021
AscendEx exchange loses $77M in hack, promises full compensation
Formerly known as BitMax, AscendEx lost several coins, including Ether and Polygon, with Bitfinex and Binance being the biggest destinations...
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16 December, 2021
Kazakhstan completes CBDC prototype, but has yet to decide if there’s need for digital tenge
The Kazakh central bank worked with local banks and international partners on the prototype, but it will decide on the...
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15 December, 2021
South Africa to introduce digital currency regulations in early 2022
The country’s top financial regulator believes that while they don’t pose systemic risk, digital currencies are still a risky sector...
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15 December, 2021
Global digital currency regulation should be ‘comprehensive, consistent and coordinated’: IMF
Three officials from the IMF believe that the cross-border and cross-sector nature of digital currencies renders the varying national regulatory...
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