Central African Republic postpones Sango coin public listing to 2023
The ill-fated currency won’t be publicly listed just yet, with the government citing current market conditions and the holiday season as the main reasons.
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Nigeria to legalize digital assets with new bill
The bill recognizes digital assets and gives the apex bank and SEC jurisdiction over the sector, months after CBN banned VASPs from accessing banking services.
BIS wants banks digital asset exposure limited to 2% by 2025
The BIS wants central banks to set the standard for commercial banks’ involvement with stablecoins, tokenized assets, and “unbacked digital assets” by 2025.
BlockFi seeks to reopen withdrawals, but there’s a catch
The defunct digital asset lender will only reopen withdrawals for Wallet Accounts, and just as with Celsius, users with interest-earning accounts won’t benefit.
BTC miner Core Scientific files for bankruptcy
Despite the filing, Core Scientific expects to continue operating normally, won’t liquidate assets and has entered into restructuring support agreement with creditors.
Stefan Matthews: Philippines has the chance to leapfrog developed nations through blockchain
While developed nations must follow systematic steps as they adopt new technologies, Stefan Matthews noted that developing countries could just leapfrog to the latest tech.
Microsoft bans cloud mining
Microsoft quietly updated the terms of use of its online services to prohibit block reward mining effective December 1, claiming it’s to protect its users.
BTC miner Bitfarms faces NASDAQ delisting over share price deficiency
NASDAQ has issued a warning to Bitfarms, giving it 180 days to correct its share price, which has been trading below the $1 mark for more than 30 days.
Hong Kong’s securities watchdog warns of losses from digital asset saving and deposit products
The Securities and Futures Commission clarified that it doesn’t regulate the industry and urged caution from investors, reminding them they risk losing all their money amid FTX collapse.
Apple to permit third-party apps for iPhone users, signals potential boom for NFTs
Apple is reportedly complying with the European Union’s directive to open up its walled-garden app ecosystem in a move that could bring NFTs and Bitcoin to 1.2 billion iPhones.
Germany’s financial regulator calls for global-scale digital asset regulation
BaFin president Mark Branson says that regulators have tried a hands-off approach to regulations, and judging by recent collapses, it clearly doesn’t work.
Australia digital asset regulations coming in 2023
Australia's Treasury plans to establish a framework for the regulation and licensing of digital asset firms, as the government decries the poor policies of the previous regime.