Crypto

As Hong Kong paves its path to becoming a crypto hub, the city's regulators issue crucial warnings, urging the public to discern the differences between crypto companies and traditional banks.

Deutsche Bank takes a significant step in digital transformation by joining forces with Taurus for robust crypto custody and tokenization, signaling stronger institutional trust in digital assets.

EU parliament reinforces its stance on crypto taxation by approving DAC8. Dive into the details, implications, and what this means for the crypto world.

Gensler provides a cautionary note on crypto, stressing its potential ripple effects on the broader economy and the need for adherence to existing laws.

Société Générale, one of Europe's largest banks based in France, has become the first company to obtain a license to offer crypto services in France.

In Australia, which holds significant importance in the crypto market, the country's four major banks have blocked payments to crypto exchanges due to "increased cryptocurrency fraud."

Temasek, Singapore's state fund, is currently not considering investments in the cryptocurrency sector due to regulatory uncertainties.

The International Monetary Fund (IMF) has reiterated its call for regulation in the cryptocurrency sector, highlighting that outright banning may not be the most effective approach. In a recent report published on its official website, the IMF discussed the use of cryptocurrencies and central bank digital currencies (CBDCs) in Latin America and the Caribbean (LAC). The institution reiterated its regulatory recommendations while suggesting that banning may not have a long-term impact.