
Decentralized Finance
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7 October, 2023
BIS completes wholesale CBDC trial for FX, cross-border payments
In Project Mariana's proposed design, central banks do not need to control the underlying platform but will rely on smart...
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5 October, 2023
BIS concludes wholesale CBDC experiment for FX, cross-border payments
The Bank for International Settlements has released the Project Mariana report, exploring challenges and solutions in a wholesale CBDC pilot...
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19 September, 2023
CFTC says existing regulations sufficient for ‘crypto,’ pledges to crack down on DeFi
In a recent speech, CFTC Director Ian McGinley said the existence of DeFi exchanges is a threat to the markets...
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12 September, 2023
IMF, FSB joint paper outlines digital asset policy recommendations
With the newly released joint paper, FSB and IMF encourage nations to "address data gaps necessary to understand the rapidly...
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11 September, 2023
DeFi firms Opyn, ZeroEx, Deridex face charges over illegal retail commodity offerings
The CFTC charged three DeFi protocols for illegally offering leveraged retail commodity transactions, with the regulator claiming using smart contracts...
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29 August, 2023
Treasury’s digital currency tax reporting rules aim to combat tax evasion in US
As the crackdown on tax evasion continues, the U.S. Treasury Department is lobbying for stringent regulations, which would include the...