Mitsubishi UFJ Financial Group (MUFG), the largest banking institution in Japan, announced on June 2 that its “Progmat Coin” platform
Category: Central Banks
Central Bank of Georgia Set to Launch AML Investigations on Crypto Firms
A statement issued by the Georgian authority reveals that the crypto-friendly country in the Soviet bloc plans to supervise crypto
Central Bank of Hong Kong and UAE Collaborates to Formulate Crypto Regulations
An official report issued by the central bank of Hong Kong in partnership with the UAE apex bank revealed two
Crypto Exchange Bybit Receives Pre-Approval in Kazakhstan for Providing Custodial Services
The Dubai-based crypto exchange Bybit announced on Monday to receive license pre-approval from the Kazakhstan regulators. As part of Bybit’s
Russian Policy Makers Proposes Amendment of Digital Ruble Bill
On May 22, the Russian law makers agreed to amend the digital ruble bill. Based on Russian law, the bill
Malaysia Regulators Orders Huobi to Cease Operation Cites Non-Compliance Issue
The Securities Commission of Malaysia (SCM) has issued a report demanding Huobi to seize operations after failing to comply with
Ripple Launching CBDC Platform to Support Issuance of Digital Currency
On May 18, the US-based blockchain firm Ripple revealed plans to launch a new platform for central bank digital currency
Central Bank of Argentina Prohibits Payment App From Using Crypto Assets
On May 4, Argentina’s monetary authority issued a report revealing restrictive measures on crypto assets. The policymakers announced that the
Hong Kong’s High Court Recognizes Cryptocurrencies as Property in Gatecoin Case
Hong Kong has classified cryptocurrencies as property during the case proceedings for a defunct exchange called Gatecoin. The high court
Former Presidential Candidate Says FedNow is Working with the US Government to Pursue Anti-crypto Agenda
Former presidential candidate Robert F. Kennedy Jr. or Bobby Kennedy has recently sounded alarmed on the matter of FedNow’s collaboration