This is the CBI's first major public enforcement action against a crypto-services provider, underscoring the increasing regulatory scrutiny on digital asset firms operating in Europe.
The United States and the United Kingdom have announced a comprehensive new cooperation agreement aimed at unifying regulatory oversight for the cryptocurrency sector.
Visa has announced the development of a programmable financial platform for Real Digital - a digital currency of the Central Bank of Brazil (CBDC) that is scheduled for launch in 2024.
Zimbabwean authorities have decided to introduce a new digital currency that will be backed by gold. The new central bank digital currency (CBDC) can be used as a means of payment within the country and to maintain its stability.
Finance ministers and central bank governors discussed the issue of cryptocurrency regulation during the G20 meeting in the United States on April 12-13, 2023.