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Latest from Sandali Handagama
DeFi’s Decentralization Is an Illusion: BIS Quarterly Review
The BIS review dedicated a special feature to discussing decentralized finance and its implications for financial stability.

NY Fed Launches Fintech Research Wing With BIS Help
The NYIC will be led by PwC alum Per von Zelowitz, who joined the New York Fed in July.

Tanzania Plans to Launch CBDC After eNaira Launch: Report
The country’s central bank has reportedly begun preparations for its own CBDC.

European Council Takes One Step Closer to Ratifying Landmark Crypto Regulation
The European Council and Parliament will now negotiate the rules set out in the framework.

EToro to Limit Cardano and Tron for US Customers, Coin Prices Fall
The prices of the cryptocurrencies’ tokens have taken a hit following the announcement.

French Fintech Lydia Taps Bitpanda to Let 5.5M Users Trade Crypto
Users of French payments app Lydia will now be able to trade over 170 crypto assets.

Nigerian Payments App Reportedly Suspending Operations Due to Government Crackdown on Crypto
Payments platform KurePay plans to suspend services to Nigerian users starting in 2022.

Indian Government Submits Bill to Ban Most Cryptocurrencies, Dashing Hopes for Friendlier Measure
While the bill might be the same as the draft submitted in January, expectations had grown that the government would submit a final version that would be accommodative to crypto.

Crypto Heavyweight Moshe Hogeg Reportedly Arrested in Israel
The extensive list of allegations against Hogeg include misleading investors, theft, money laundering and sexual assault

Israel’s New AML Rules May Help Banks Onboard Crypto Clients
Regulators still need to issue guidance for banks on how to deal with crypto-related transactions
