Financial Services Committee approves bill prohibiting CBDC in US
The U.S. House Financial Services Committee has approved the CBDC Anti-Surveillance State Act, which will now be put before the House of Representatives.
The U.S. House Financial Services Committee has approved the CBDC Anti-Surveillance State Act, which will now be put before the House of Representatives.
Competition and Markets Authority, the U.K.'s anti-trust regulator, calls for AI guardrails to prevent monopolies as it leads efforts to regulate the AI industry before a global AI summit.
HSBC and HKUST Business School collaborate on a hypothetical e-HKD pilot to aid Hong Kong Monetary Authority in CBDC development, exploring programmable features and potential retail use cases.
Bangko Sentral ng Pilipinas has granted UnionBank of the Philippines with a VASP license, allowing it to provide wide range of digital asset services to customers.
Coinbase is trying to rally support for reducing regulatory oversight of its operations, even as U.S. regulators warn that additional oversight is in the mail.
The new legislation amends several acts to, among other things, insert digital asset-related definitions and mechanisms to extend existing powers to the digital asset context.
The MFSA has launched a public consultation on proposed changes to its digital asset regulations to align them with the European Union's MiCA regulations, which will come into force in 2024.
Startups in Japan are now allowed to issue digital assets, including digital currency tokens, as the country aims for a $72 billion annual startup funding goal by 2027.
The Hong Kong Monetary Authority warned Virtual Asset Service Providers against using the term “deposits” to describe funds placed with them by their clients amid liquidity struggles of JPEX.
Brazil's Senate Commission on AI embarks on a plan for comprehensive AI regulations, initiating the rollout of inaugural AI law with a 90-day public consultation involving AI experts and executives.
IMF seeks to guide banking regulators on CBDCs for local economies, emphasizing phased, iterative, and jurisdiction-specific approaches.
In a recent speech, CFTC Director Ian McGinley said the existence of DeFi exchanges is a threat to the markets as he pledged heightened crackdown.