IOSCO, the international regulatory body overseeing securities markets, has released its conclusive report containing policy suggestions for crypto and digital asset (CDA) markets. The suggestions within this report play a crucial role in formulating a unified global regulatory approach to address the substantial risks to investor protection and market integrity posed by centralized crypto asset intermediaries known as crypto asset…
Fourteen Ukrainian officials received advanced training on investigating new-age financial crimes in a training course held from Nov. 14 to Nov. 17 in Vienna. According to a report released by the Organization for Security and Co-operation in Europe (OSEC), the select supervisory and law enforcement officials from Ukraine learned about advanced techniques and tools required to investigate financial crimes using virtual…
With more than a month left before the end of 2023, the United States crypto industry has already spent $20 million on lobbying efforts. In the last year, the total sum stood at $22.2 million. According to the CoinGecko report, published on Nov. 14, the U.S. crypto lobby has spent $20.19 million in 2023 to date, and this data doesn’t…
The Canadian Security Intelligence Service — Canada’s primary national intelligence agency — raised concerns about the disinformation campaigns conducted across the internet using artificial intelligence (AI) deepfakes. Canada sees the growing “realism of deepfakes” coupled with the “inability to recognize or detect them” as a potential threat to Canadians. In its report, the Canadian Security Intelligence Service cited instances where…
DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin swaps for its users across 30 different blockchain networks. Sushi’s deployment of its decentralized exchange (DEX) on ZetaChain is touted to enable trading of BTC without wrapping across several blockchains in what the team describes as a “native, decentralized and permissionless manner”. The integration…
European Union lawmakers anticipate the arrival of the digital euro, but German politician Joana Cotar is pushing back against the currency and fighting in favo… Source: https://cointelegraph.com/app/public/index.php/news/german-parliament-member-staunch-opponent-of-digital-euro-all-in-on-bitcoin
Bitcoin remains prone to volatility, while further downside offers the “path of least resistance” for BTC price next, analysis warns. Source: https://cointelegraph.com/app/public/index.php/news/btc-price-dips-4-bitcoin-analysis-low-liquidity-33k
Using Web3 and NFTs to create another slate of millionaires isn’t a good use of the technology, says EndeavourXR CEO Amy Peck. Source: https://cointelegraph.com/public/index.php/news/build-web3-for-newcomers-not-money-grabs-amy-peck
A pilot program for a live Singapore dollar-based central bank digital currency (CBDC) was unveiled by Singapore’s central bank with a wholesale CBDC to be used by local banks for settlements. “I am pleased to announce that MAS will pilot the ‘live’ issuance of wholesale CBDCs to instantaneously settle payments across commercial banks,” MAS Managing Director Ravi Menon said on…
European digital asset management firm CoinShares secured the exclusive option to acquire the exchange-traded fund (ETF) unit of its United States competitor Valkyrie Investments, including the Valkyrie Bitcoin Fund that’s awaiting approval in the U.S. CoinShares said on Nov. 17 that the move helps it expand to the U.S., which could soon become the epicenter for ETF offerings. The firm’s…
