Day: 31 May 2023

John Reed Stark, a former director at the United States Securities Exchange Commission (SEC), has issued a warning to social media crypto influencers on Twitter, alerting them to the potential consequences of their actions. Attention all crypto promoters who use social media to manipulate the price of crypto-securities: Fail not ...

The Central Bank of the United Arab Emirates (CBUAE) has announced new guidelines on anti-money laundering and counter-terrorism financing for financial institutions involved in transactions with virtual assets, including cryptocurrencies and non-fungible tokens (NFTs). The Guidance will assist LFIs’ understanding of risks and effective implementation of their statutory AML/CFT obligations, ...

A senior government official representing the Reserve Bank of India (RBI) has advocated for banks' adoption of blockchain and artificial intelligence (AI) technologies to ensure sustainable growth and stability. Governance in Banks: Driving Sustainable Growth and Stability - Speech delivered by Shri M K Jain, Deputy Governor, Reserve Bank of ...

The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) held a meeting on May 30, 2023, to discuss collaboration in the development of financial technology and cryptocurrency regulations. The goal of this meeting was to strengthen cooperation and provide the groundwork for collaborative ...