Agustín Carstens called CBDCs the “central element” of central bank leadership in innovation. Central banks have a responsibility to keep pace with the digital age and lead innovation, Agustín Carstens, general manager of the Bank for International Settlements (BIS), believes. In his opening remarks at a conference in Basel, Switzerland, on Nov. 8, Carstens called...Continue Reading

The statement released by the CFTC shows that about 50% of the cases brought to its attention in 2023 involved crypto. The Commodity Futures Trading Commission (CFTC) has unveiled its enforcement outcomes for Fiscal Year (FY) 2023. It highlights a historic surge in digital asset cases, actions to enforce regulatory obligations for registrants, manipulation and...Continue Reading

Robinhood attributed the decline in its transaction-based revenue to reduced cryptocurrency trading volumes on the platform. Trading platform Robinhood has revealed its intentions to expand into Europe in the coming weeks. The company is exploring establishing brokerage operations in the United Kingdom. It made this decision known on Tuesday, Nov 7. The commission-free trading app...Continue Reading

SEBA Bank began its quest for Hong Kong expansion in late 2022, setting up an office in November, with the firm obtaining an in-principle approval to offer virtual asset trading services by August 2023. Switzerland-based crypto bank SEBA Bank has become the latest crypto-centered firm to obtain a license from the Hong Kong Securities and...Continue Reading

HSBC has partnered with Ripple-owned tech firm, Metaco, to allow institutional investors hold tokenized securities on its new custody platform. HSBC has partnered with Ripple-owned tech firm, Metaco, to integrate its institutional platform Harmonize with HSBC’s new custody service for digital assets, the firm announced on Nov. 8. The bank expects to roll out the...Continue Reading

Regenerative economy and finance projects are tapping into blockchain technology for increased utility, transparency and decentralization. Blockchain technology is having a tangible positive influence on environmental stewardship through innovative projects that are retiring carbon credits, generating staking yields to support ecological initiatives and incentivizing communities to monitor and protect natural resources. Cointelegraph delved into the...Continue Reading

Cardano Foundation CEO Frederik Gregaard told Cointelegraph that the pieces of research that the network has “spent years of doing and implementing” are already being used by some of the fast-moving blockchain platforms. Cardano has come under fire from critics for delays in the rollout of features and network upgrades. This slower-paced cadence, however, appears...Continue Reading

Athena Bitcoin plans to integrate the Lightning Network into 100 of its machines in the next couple of months. Athena Bitcoin, the company operating a state-owned chain of crypto ATMs in El Salvador, plans to integrate the Lightning Network into 100 of these machines in the next couple of months. According to the press release...Continue Reading

European crypto-banking platform Bitwala, formerly known as Nuri, is coming back after ceasing operations in 2022. European cryptocurrency banking platform Bitwala, formerly known as Nuri, is coming back after ceasing operations and returning customer funds last year. Bitwala is relaunching operations under its original name, in partnership with the support of the banking infrastructure company...Continue Reading

UAE lawyer Irina Heaver explained that the new guidance is part of the UAE’s efforts to be removed from the Financial Action Task Force’s (FATF) “grey list.” The Central Bank of the United Arab Emirates (CBUAE), along with other regulators in the country, has recently published new joint guidance for virtual asset service providers (VASPs)...Continue Reading