Business

FDIC joins ‘crypto sprint’ as it sets sights on digital currency regulation
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29 October, 2021

FDIC joins ‘crypto sprint’ as it sets sights on digital currency regulation

The FDIC is working with the Federal Reserve and other agencies on how to regulate the digital currency industry, with...
Saudi Arabia exploring blockchain and CBDC to reduce cash usage
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29 October, 2021

Saudi Arabia exploring blockchain and CBDC to reduce cash usage

Saudi Arabia Monetary Authority has been active in CBDC research as it seeks to digitize payments, although it has no...
French central bank completes CBDC bonds pilot
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29 October, 2021

French central bank completes CBDC bonds pilot

Working alongside some of the country’s biggest private banks, the Banque de France ran over 500 transactions during the CBDC...
Federal Reserve governor questions need for CBDCs
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28 October, 2021

Federal Reserve governor questions need for CBDCs

The senior official argued that central bank digital currencies are costly and difficult to manage, would deter private-sector innovation, and...
Dubai watchdog introduces regulatory framework for investment tokens
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28 October, 2021

Dubai watchdog introduces regulatory framework for investment tokens

The Dubai Financial Services Authority has launched a framework that defines and regulates investment tokens, as well as offers guidance...
India’s securities watchdog warns against investing in unregulated assets
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28 October, 2021

India’s securities watchdog warns against investing in unregulated assets

The securities regulator reiterated its stance that investment advisors must not engage in buying and selling of unregulated assets such...
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