Regulation
IMF says common global CBDC platform, rules needed for international transactions: Reuters
Central banks need to agree on a common global platform and rules to ensure international use of CBDCs, IMF's Kristalina Georgieva said.
Danny Park
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Archived coverage · Forkast crypto archive
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Montenegro sentences Terraform Labs founder Do Kwon to four months’ jail for passport forgery
A Montenegro district court on Monday sentenced Terraform Labs chief executive officer Kwon Do-hyeong to four months’ jail for forging travel documents.
Zoltan Vardai
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Regulation
Hong Kong’s Cyberport signed up 150 Web3 firms in past year, says city’s financial secretary
Paul Chan, Hong Kong’s financial secretary, said more than 150 Web3 companies had registered at the Cyberport business park.
Timmy Shen
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Regulation
Independent Reserve plans Hong Kong office, explores further Southeast Asia expansions
Independent Reserve may have a new Hong Kong office in the “next few months,” the Singapore chief of the Australian crypto exchange said in an exclusive interview. Focusing on institutional clientele, the exchange aims to double trade volumes and expand its user base this year.
Pradipta Mukherjee
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Regulation
Binance France under investigation for money laundering: CoinDesk
Binance France is reportedly under investigation for “aggravated” money laundering and the illegal provision of digital asset services.
Zoltan Vardai
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Regulation
Asia lays out a welcome mat for crypto, while US bars its door
As the US escalates its crackdowns on digital asset companies, it’s also losing its dominance in crypto — to Asia’s advantage, writes Henry Liu of BTSE.
Henry Liu
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Regulation
SEC lawsuit sees Binance.US wobble, trading platforms delist cryptos
Top blockchain and crypto news: Binance.US at risk. Ex-SEC official’s comments complicate Ripple suit. Hong Kong lawmaker aims to entice exchanges.
Forkast.News
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Regulation
Hong Kong Monetary Authority urges banks to service crypto firms: Financial Times
HKMA is urging lenders including HSBC, Standard Chartered and Bank of China to service crypto exchanges. Financial Times reported on Thursday.
Tom Zuo
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Regulation
XRP reverses gains after document release in SEC lawsuit vs Ripple
Prices of XRP, which powers some of Ripple Labs’ payment services, reversed gains that followed the release of internal SEC documents related to the lawsuit against Ripple.
Timmy Shen
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Regulation
Binance.US says SEC’s motion to freeze exchange’s assets may end its operations
The operations of cryptocurrency trading platform Binance.US, “would quickly grind to a halt” if a court rules in favor of an SEC request last week to freeze the firm’s assets, the company said Monday in a court filing.
Timmy Shen
