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In addition to seeking public feedback on questions of financial stability, privacy, and usage of CBDCs, the Fed examines the uses, functions, potential benefits, and risks of potential U.S. CBDCs.
The Hong Kong Monetary Authority released a discussion paper giving insights into its regulatory approach for crypto assets and stablecoins, specifically payment-based stablecoins.
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The panelists discussed opportunities and challenges faced by insurers in insuring the cryptosphere
Almost $200 million was stolen from cryptocurrency exchange BitMart caused by a stolen private key that compromised two hot wallets on Ethereum and Binance Smart Chain
To fulfill the gap created by the lack of commercial insurance products, attract more institutional investors and keep investor funds safe, the crypto industry is proactively coming up with innovative insurance solutions
The EU Council approves two proposals that are a part of a digital finance package seeking to create an overall framework for crypto assets and strengthen the digital operational resilience of financial-sector entities.
As supervised institutions begin to engage in crypto-asset related activities, the U.S. Federal banking regulatory agencies plan to provide coordinated interagency and timely clarity on the regulation of crypto-assets.
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