Regulatory Updates
Bank of Russia Analyzes Global Trends and Regulatory Approaches to Stablecoins
On 10 July, 2024, the Bank of Russia published an analytical report examining the economic and legal nature of stablecoins, alongside international...
Bank of Italy to Release Comprehensive Guidelines for Implementing EU Crypto Regulations
On 9 July, 2024, Bank of Italy Governor Fabio Panetta announced that the central bank will soon release guidelines to facilitate the implementation...
TON Network Integrates EVM Functionality in Collaboration with Polygon Labs
The TON Application Chain (TAC) and Polygon Labs have announced a strategic partnership to integrate Ethereum Virtual Machine (EVM) functionality...
Ethereum ETFs Near Approval as SEC Discussions Progress
The long-anticipated approval of spot Ethereum exchange-traded funds (ETFs) in the United States appears imminent, with several recent developments...
Paxful Co-Founder Artur Schaback Pleads Guilty to Money Laundering Conspiracy
On 8 July, 2024, Artur Schaback, co-founder and former chief technology officer of Paxful Inc., pleaded guilty to conspiracy to operate a crypto...
DigitalX Receives Regulatory Approval to Launch Bitcoin ETF on ASX, Trading starts July 12
According to Bloomberg, Blockchain-focused asset manager DigitalX has secured regulatory approval to launch its spot Bitcoin exchange-traded fund...
Dubai Customs launches Blockchain Platform for Efficiency and Transparency in Trade
In a move aimed at enhancing efficiency and transparency in commercial operations, Dubai Customs has announced the launch of its blockchain...
Governor Cooper Vetoes North Carolina Bill Banning Federal Digital Currency (CBDCs)
On 5 June, 2024, North Carolina Governor Roy Cooper vetoed a bill that would have prohibited the state from implementing a US Federal Reserve-issued...
Russia Expands Digital Ruble Project for International Payments Starting September 1
In a recent development, the Russian Central Bank announced on Thursday that it will accelerate and expand its digital ruble project, with the next...
Taurus Partners with UAE’s Zand Bank to Revolutionize Digital Banking and Crypto Services
Swiss cryptocurrency infrastructure platform Taurus has announced a strategic partnership with Zand Bank in the United Arab Emirates (UAE). This...
Russia Advocates Crypto Solutions for International Payments Amid Sanctions
Amid escalating Western sanctions, Russia’s central bank is advocating the use of cryptocurrencies and other digital assets to facilitate...
EU-U.S. Financial Regulatory Forum: A Milestone in Transatlantic Cooperation
On 25-26 June, 2024, the EU–U.S. Joint Financial Regulatory Forum concluded a productive meeting hosted by the European Commission and the U.S....