The non-profit organization advocating for a U.S. central bank digital currency plans to work with crypto platforms like Digital Asset and Ripple to explore technical and policy aspects of a digital dollar. Author: Camomile Shumba
Digital Dollar Project Plans to Explore CBDC Technical Solutions With New Sandbox
California Assembly Passes Crypto Regulation Bill That Requires Bank-Issued Stablecoins
The Digital Financial Assets Law, which is similar to New York’s BitLicense, has been criticized by industry stakeholders. Author: Sam Reynolds
FASB Crypto Accounting Review Won’t Include NFTs, Certain Stablecoins: Report
The accounting standards body outlined its criteria for crypto assets that would be covered by a forthcoming rule regarding companies and their digital assets. Author: Nelson Wang
Binance Froze Russian Gun Maker’s Crypto Assets, Likely at Ukraine’s Request
Vladislav Lobaev, a Russian gun manufacturer, raised $21,000 in crypto for the war in Ukraine before the world’s largest crypto exchange locked down the funds. Author: Anna Baydakova
S. Korean City Busan Taps FTX to Develop Crypto Exchange, Promote Blockchain Businesses
Busan aims to position itself as a blockchain hub in the coming years and signed on crypto exchange Binance for similar efforts last week. Author: Shaurya Malwa
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