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Crypto
Crypto Firms That Act Like Banks Should Be Regulated Like Them, ECB Official Says
But supervision of bank-like crypto firms could be a pain for regulators, said Andrea Enria, chair of the supervisory board at the European Central Bank.
UK to Hit Crypto Users With Penalties for Unpaid Taxes
The Treasury encouraged users to voluntarily disclose unpaid income or capital gains tax from crypto, NFT and utility token holdings.
Central Bank Project Shows CBDC Payments Can Be Private
The BIS project is a first step in exploring privacy, security and scalability for central bank digital currency design, a report on the initiative said.
Hong Kong Chief Says Regulators May Get Powers to Crack Down on Unlicensed Crypto Exchanges: Report
The Securities and Futures Commission said it does not have the power to close unlicensed crypto exchanges.
Central Banks Have No Interest in Personal Data, BIS Official Says While Promoting CBDCs
The Bank for International Settlements has been calling on countries to prepare for CBDCs as governments face backlash over privacy concerns.
Failure of Multi-Function Crypto Firms a Limited Threat to 'Real Economy': FSB
A new report by the Financial Stability Board said further assessments of possible implications are required because "significant information gaps remain."
TRM Labs Partners With Aussie Crypto Exchange Swyftx to Combat Scams
The program will trial an apparent global first in which Aussie crypto users who activate two-factor authentication on their cryptocurrency accounts will be paid AUD $10 worth of Bitcoin.
