Australia’s Reserve Bank has released a White Paper on its upcoming central bank digital currency. The pilot version of the CBDC is expected to be completed by mid-2023.

The Federal Reserve Board argued that Custodia Bank’s proposed business model was “inconsistent” with approval in an order explaining its denial of the Wyoming-based crypto bank’s application for membership. Custodia’s membership application, as...

U.S. law enforcement has jurisdiction over Singapore-based Terraform Labs and its founder Do Kwon because they knowingly marketed their LUNA and terraUSD (UST) coins to U.S. investors, said Lisa Braganca , a former enforcement branch chief at th...

U.S. accounting standards may be overhauled to specifically factor in crypto accounting, establishing a fair-value approach that would demand certain digital assets be measured at what they would go for in the markets, according to a change prop...

Terraform Labs founder Do Kwon has been charged with forgery in Montenegro and is due in court later Friday for extradition proceedings, according to a report by AFP . The South Korean national has been on the run following the collapse of stab...

Nayib Bukele on Thursday night said he will be proposing a bill to El Salvador's congress eliminating all taxes on both software and hardware technology innovations. Next week, I’ll be sending a bill to congress to eliminate all taxes (income, ...

The United Arab Emirates expects to complete the first phase of its central bank digital currency strategy around mid-2024, its central bank announced on Thursday. This includes proof-of-concept work for a wholesale and retail CBDC. The Centra...