The partnership was originally announced in mid-2023 ahead of the launch of FedNow.
Regulation news
The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges.
In an interview with Bloomberg, Gary Gensler suggested he had no plans to alter the SEC’s course on its “regulation by enforcement” approach to crypto.
Minneapolis Federal Reserve President Neel Kashkari said crypto is “almost never” used outside of drugs and criminal activity — but evidence points to the contrary.
The dodgy transaction happened just two months before the firm went bust in September 2022, says the Australian financial regulator.
The exchange asked regulators to disclose documents relating to an ongoing crackdown on crypto companies among US banks.
Chainalysis faces a $650 million defamation lawsuit, the EU’s ESMA pushes for MiCA amendments, Cyprus and Ireland scramble to align with regulations, and Italy plans to hike tax on Bitcoin.
The group of scammers has been under investigation by Japan’s newly formed cybercrime unit since August.
The Federal Reserve Bank of Minneapolis suggests that a ban or tax on Bitcoin could ensure its ability to run permanent budget deficits.
Since its introduction in 1999, the euro has lost approximately 85% of its value against gold due to monetary inflation.