Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a tweet on May 12, governor Ron DeSantis of Florida voiced his backing for a proposed bill that seeks to prohibit the use of Central Bank Digital Currencies...
Following a calm week, there were more regulatory actions, especially in the United States. Meanwhile, more hacks and rug-pull spilled over from the previous week. The buzz surrounding meme coins, fueled by the success of PEPE, created an opening for malicious actors who...
As debates on digital currencies persist, several U.S. states are making strides in exploring a gold-backed state digital currency, regulating bitcoin mining, and addressing legal challenges in the cryptocurrency realm. Amid ongoing discussions among notable U.S. politicians regarding central bank digital currencies, Texas...
The Utah State Legislature, recently passed the Utah Decentralized Autonomous Organizations (DAO) act, otherwise known as under Act HB 357, Reported at the beginning of March by the National Law Review, the Act resulted from combined efforts between the Digital Innovation Taskforce and...
Hong Kong-based crypto platform CoinEx is facing a lawsuit from New York Attorney General Letitia James, who accuses the firm of falsely presenting itself as an exchange by not registering as a securities and commodities broker-dealer in the state. The petition, filed on...
The Federal Reserve System stated that it intends to presumptively prohibit state banks from holding crypto-assets as principals without permission from the Fed and OCC. In an updated guide issued on the Federal Register, the Board of Governors of the Federal Reserve System said...
The Eurogroup reaffirmed its support for digital euro research but underlined that some of the design and application features under consideration would necessitate political decisions. Following a meeting in Brussels, the eurozone finance ministers issued a statement on the launch of the digital...