Policy
India’s Central Bank to Launch CBDC Pilot Soon: Report
India's central bank is planning to initiate the pilot launch of its CBDC for specific use cases, according to a concept paper released on Friday.
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Policy
BoE Doubles Bond Buying Limit to £10B in Bid to Protect Pension Funds
The Bank of England (BoE) doubled its government bond purchases from £5 billion to £10 billion a day to protect pension funds from market turmoil.
Policy
Belarus to Stop Inflation by Simply Banning Consumer Price Increases
Belarus' president Alexander Lukashenko banned consumer price increases in Belarus due to "exorbitant" inflation in the country, according to state media reports.
DeFi
Judge Dismisses Terra-Related Arrest Warrant, Doubts LUNA is a Security
A South Korean judge dismissed an arrest warrant related to the current Terraform Labs investigation.
Policy
Congress Committee Asks the DoJ for Legal Assessment of CBDCs in the US
A Congress Financial Committee sent a letter asking the DoJ to provide its assessment of the need for a legal framework with regard to a US…
Policy
EU MPs Vote in Favor of a New European Crypto Tax Resolution
The non-binding resolution on crypto taxation in Europe was passed with 566 votes in favor, and 7 against on October 4th.
Policy
FSOC Publishes a Report Identifying 3 Key Weaknesses in Crypto Regulation
The Treasury's FSOC convened on Monday to issue an improved framework for the future of digital assets regulation.
Policy
Firms Flock to Ripple’s Banner After a Major Victory Against SEC
Two companies that utilize Ripple’s XRP in their business have come out in support of the company on trial.
Policy
CFTC Sues Digitex For Manipulating the Price of DGTX and Failing to Register
Digitex LLC allegedly failed to register with the CFTC “in any capacity” throughout the two years it was operational.
Policy
SEC Sues Arbitrade Over Allegedly Gold-Backed Token Offer
The SEC sued Arbitrade and several affiliated companies for offering digital assets falsely marketed as being gold-backed.
Policy
Two US Senators Want to Update a 2015 Cybersec Bill to Include Crypto
Two US senators recently proposed changes to a 2015 cybersecurity bill that could help crypto companies cooperate more easily with the authorities.
Policy
Crypto.com Wins Regulatory Nod to Offer Services in France
Crypto.com won the approval to provide its crypto products and services in France, after undergoing a strict review by the country's regulators.
Policy
California’s DFPI Targets 11 Crypto Firms Calling Them Ponzi Schemes
DFPI likened the behavior of 11 sued companies as reminiscent of pyramid, and Ponzi Schemes.