Breaking the Barriers of Traditional Banking With Digital Assets

Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A number of banks have failed recently due to mismanagement, poor risk management, and other factors which are leading

Do Kwon Challenges SEC’s Jurisdiction in Multibillion-Dollar Crypto Securities Fraud Case

Attorneys defending the co-founder of Terraform Labs, Do Hyeong Kwon, also known as Do Kwon, have presented their argument that says the U.S. 証券取引委員会 (SEC) has no jurisdiction in the matter. The legal team asserts that U.S. law

報告する: Korean Central Bank to Gain Right to Probe Virtual Asset Entities After Financial Regulator Drops Opposition

The South Korean central bank is set to be granted the right to investigate virtual assets after the Financial Services Commission (FSC) dropped its opposition to the move. 報告によると, the FSC dropped its opposition to the central bank’s

Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Inflation in Argentina goes over 100%, El Salvador issues its first digital assets licenses, and the

G7 to Discuss More Crypto Regulation and How to Help Developing Nations Introduce Central Bank Digital Currencies

The G7 countries are discussing more crypto regulation and ways to help developing nations introduce central bank digital currencies (CBDC). “As a priority of this year, the G7 will consider how best to help developing countries introduce CBDC consistent with appropriate

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries givenso many collapses and shocks in cryptocurrencies.She stressed: “We seek to

Committee Advises SEC to ‘Aggressively Assert Authority’ Over Crypto — Says Virtually All Crypto Tokens Are Securities

アメリカ. Securities and Exchange Commission’s Investor Advisory Committee has advised the SEC toaggressivelyassert authority over crypto assets that are securities. The advisory committee believes thatvirtually all, if not all, crypto tokens are securities,” urging the regulator to

US Dollar Could Lose Most of Its Value in 5 年, Investment Manager Warns

Investment manager Larry Lepard has warned that the U.S. dollar could lose most of its value within five to 10 年. Following the onset of the Russia-Ukraine war, “アメリカ. did something which I perceived to be very stupid, これは…

ECB Board Member Warns EU’s New Crypto Rules Not Sufficient

A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (雲母) 明細書 “will not be sufficient on their own.While emphasizing thatMiCA will set out important safeguards to prevent incidents similar

US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto

アメリカ. Treasury has released a 42-page report assessing the risks of decentralized finance (定義). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi totransfer and launder their illicit proceeds.The Treasury’s report