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Regulations
Wholesale CBDC Would Improve Cross-Border Payments, French Central Bank Tests Show
Banque de France said it ran multiple experiments to test central bank digital currencies for wholesale payments, issued "directly on" distributed ledger technology.
Indonesia's New Crypto Exchange Opens After Long Delays
The long-awaited national bourse for crypto has been operational since July 17, according to an official announcement from Thursday.
UK's FCA Is Designing Prudential Requirements for Firms Carrying Out Crypto Activities
The Financial Conduct Authority will consult on rules once the government gives it the necessary powers, the regulator said in its annual report.
Fed Dramatically Speeds Up U.S. Payments With FedNow, but Downplays Any Tie to CBDCs
Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar.
UK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling
The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks.
SEC’s Stuttering Litigation Strategy Draws Comment From France
French officials boast of crypto-ready laws that contrast with a stuttering enforcement campaign from the U.S. SEC – and are looking to the next generation of Web3 gaming rules.
Kuwait Cracks Down on Crypto, Banning Payments, Investment and Mining
The prohibitions are an effort to meet requirements set by the FATF on preventing money laundering via crypto, the Capital Markets Authority said.
UK FCA Chief Warns Against Judging Crypto Firms by Size for Approval Decisions
The Financial Conduct Authority has turned down some of the largest crypto firms in the world in the last two years, its CEO Nikhil Rathi told lawmakers at a hearing.
RFK Jr. Vows to Back Dollar With Bitcoin, Exempt BTC From Taxes
The Democratic presidential hopeful also reiterated a May stance defending the right to self-custody bitcoin, run blockchain nodes at home and promising industry-neutral energy regulation.
Unpacking the Latest Lummis-Gillibrand Bill Draft
Senators Cynthia Lummis and Kirsten Gillbrand unveiled a new version of their crypto bill, which could define more of the conversation around digital asset legislation.
