Denmark orders Saxo Bank to erase cryptocurrency holdings
Financial regulators in Denmark are coming after cryptocurrency service providers, declaring that local banks are not allowed to hold cryptocurrency to hedge against trading risks.On...
US reportedly plans to restrict China’s access to cloud computing services
Officials in the United States are considering restricting China’s access to cloud computing services in an effort to safeguard the country’s advanced technology, according to...
UAE free zone teams up with HBAR Foundation to support Web3 startups
RAK Digital Assets Oasis (RAK DAO), a free zone in the United Arab Emirates dedicated to crypto companies, has signed a memorandum of understanding (MOU)...
India negotiates cross-border CBDC payments with global central banks
The Reserve Bank of India (RBI) is currently in discussions with its counterparts from at least 18 other countries on the possibility of cross-border payments...
Clarity needed on crypto lending regulations — UK Law Commission
A lawyer leading the United Kingdom’s Law Commission’s review of the application of British laws toward digital assets has stressed the need for further clarity...
Singapore bank DBS allows e-CNY settlements
The DBS bank has started an e-CNY collection platform. The platform will enable automated settlement of e-CNY into businesses’ CNY bank deposit accounts. The bank...
South Africa to mandate crypto exchange licenses by year-end: Report
South Africa's financial regulator has announced that all crypto exchanges in the country will be required to obtain licenses by the end of the year,...
Binance Australia offices reportedly searched by local regulator
Binance Australia is working with local authorities on meeting compliance requirements amid reports alleging that the company’s offices were searched on July 4."We are cooperating...
Mark Cuban, John Reed Stark clash over the cause of FTX’s collapse
Billionaire entrepreneur Mark Cuban has again locked horns with former securities chief John Reed Stark, this time over who was ultimately to blame for FTX’s...
UK government moves forward on bill aimed at empowering authorities to seize crypto
Lawmakers in the upper house of the Parliament of the United Kingdom are moving forward with legislation aimed at expanding authorities’ ability to target cryptocurrencies...