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The Reserve Bank of India (RBI) has issued an official notice telling banks to stop quoting or referring to its 2018 crypto circular. The central bank explained that with the countrys Supreme Court decision last year, the...
Japans Financial Services Agency (FSA) has issued a warning to crypto derivatives exchange Bybit for allegedly running unregistered crypto services in the country. The move came after Bank of Japan Governor Haruhiko Kuroda...
The Financial Supervisory Services (FSS) has been chosen as the main agency responsible for overseeing South Koreas crypto market. The government reached its decision after prolonged discussions that lasted for...
Bank of America, Citigroup, and Wells Fargo have recently revealed their crypto policies before the U.S. Senate banking committee. Though lagging behind Goldman Sachs and Morgan Stanley, which are already offering...
The Sveriges Riksbank, Swedens central bank, is moving ahead with the next phase of its central bank digital currency (CBDC) project called the e-krona. This time, the bank has invited two participants from the countrys...
Governments and monetary authorities in most countries are trying to come up with an appropriate regulatory framework to counter what they see as potential risks posed by the rising usage and trading of cryptos. However,...
Chinas call for a crackdown on crypto mining and trading last week has worried players in the industry. Just days after Chinese Vice Premier Liu Hes statement, crypto exchanges Huobi and OKEx likewise announced the...
The Bank of Canada does not see a strong case for issuing its central bank digital currency (CBDC) at the moment. The central bank is viewing it in more concrete terms,such as how it would connect with the existing...
Crypto investors have criticized the proposal made by Hong Kongs Financial Treasury and the Treasury Bureau that would limit crypto investing to people with around $1 million portfolios. Critics pointed out that if passed...
Bank of Korea expressed its concern about the negative impact leveraged crypto trading might have on individual traders and the countrys financial system as a whole. Bank of Korea Gov. Lee Ju-yeol is concerned that the...
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