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Regulation

Hong Kong Monetary Authority skeptical against algorithmic stablecoins
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5 February, 2023

Hong Kong Monetary Authority skeptical against algorithmic stablecoins

In the "Conclusion of Discussion Paper on Crypto-assets and Stablecoins," HKMA confirmed that it received 58 submissions, urging it to...
US officials call on Congress to ‘step up’ its digital asset efforts
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3 February, 2023

US officials call on Congress to ‘step up’ its digital asset efforts

Four U.S. officials urged Congress to heighten its regulatory approach toward the digital asset industry by laying out specific recommendations,...
Gemini lied about FDIC insurance in emails to Earn customers: report
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3 February, 2023

Gemini lied about FDIC insurance in emails to Earn customers: report

In legally ambiguous and vague language, Gemini repeatedly told its customers that funds were FDIC-insured, giving them false hope that...
UK details comprehensive plans to regulate digital assets as it kicks off public consultation
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2 February, 2023

UK details comprehensive plans to regulate digital assets as it kicks off public consultation

The plans by the HM Treasury are intended to make the U.K. a digital asset hub while giving due recognition...
Nigeria’s central bank launches fintech regulatory sandbox
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2 February, 2023

Nigeria’s central bank launches fintech regulatory sandbox

The Central Bank of Nigeria has called on innovators in the fintech space to apply with the recently launched regulatory...
China’s Hainan urges service providers to seek approval from regulators amid renewed interest in NFTs
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2 February, 2023

China’s Hainan urges service providers to seek approval from regulators amid renewed interest in NFTs

NFT firms in China are mandated to register before offering their products to the public—a move claimed will prevent the...
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