South Africa’s central bank says no ‘strong immediate need’ for CBDC
In recent developments, the South African Reserve Bank found no short-term need for a retail CBDC, saying wholesale or cross-border uses should be explored instead. Looking closer, market participants highlight…
South Africa’s central bank flags crypto, stablecoins as financial risk
In recent developments, the bank cited increasing trading volume and the number of users among large exchanges, as well as gaps in South Africa’s regulatory framework on crypto. Looking closer,…
South Africa’s central bank flags crypto, stablecoins as financial risk
In recent developments, the bank cited increasing trading volume and the number of users among large exchanges, as well as gaps in South Africa’s regulatory framework on crypto. Looking closer,…
South Africa’s central bank flags crypto, stablecoins as financial risk
In recent developments, the bank cited increasing trading volume and the number of users among large exchanges, as well as gaps in South Africa’s regulatory framework on crypto. Looking closer,…
Crypto bank AMINA gets Hong Kong license to launch institutional trading
In recent developments, crypto-friendly AMINA Bank has secured a license to expand its institutional crypto services in Hong Kong, a market where crypto trading volumes rose 233% in the first…
Crypto firm LevelField secures Illinois approval to buy Chicago bank
In recent developments, levelField could become the first crypto-friendly FDIC-insured bank to offer crypto services after receiving approval from the Illinois financial regulator to acquire Burling Bank. Looking closer, market…
Crypto firm LevelField secures Illinois approval to buy Chicago bank
In recent developments, levelField could become the first crypto-friendly FDIC-insured bank to offer crypto services after receiving approval from the Illinois financial regulator to acquire Burling Bank. Looking closer, market…
Draft Law Accuses Central Bank of Brazil of ‘Overreaching’ With Stablecoi…
In recent developments, a draft introduced in the Brazilian Congress seeks to void the recently issued stablecoin rules, arguing they represent regulatory overreach by the central bank. The proposal also…
UK central bank still ‘disproportionately cautious’ about stablecoins
In recent developments, some crypto industry observers believe that the Bank of England’s new proposed regulations for stablecoins are unnecessarily restrictive. Looking closer, market participants highlight key drivers such as…
Czech National Bank tests Bitcoin, crypto reserve with historic $1M buy
In recent developments, the Czech National Bank invested $1 million to test a crypto reserve that includes Bitcoin, a stablecoin and tokenized bank deposits. Looking closer, market participants highlight key…
