EU Regulator Expands Oversight to Address Risks from Non-Bank Financial Institutions
The move is prompted by concerns over contagion and aims to delve deeper into the interconnectedness between banks and other financial entities.
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Director of the Korean Financial Supervisory Service: Will guide information disclosure by formulating accounting standards related to virtual assets
16/01/2023 15:38
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Interpretation of the People's Bank of China's "China Financial Stability Report (2023)"
Recently, the People's Bank of China released the "China Financial Stability Report (2023)". In the chapter on other industries and emerging risks, the report points out that crypto-assets have both financial and digital technology risks.
JinseFinanceCentral Bank Digital Currencies: South Korea's New Financial Frontier
South Korea's central bank stresses immediate action on CBDCs amidst rising stablecoin popularity, aiming to address financial system challenges.
Cheng YuanSouth Korean Crypto Lender Suspends Withdrawals
Delio is suspending withdrawals on its platform following its exposure to Haru Invest, which previously halted its services.
cryptopotatoSupervision of the Global Crypto Situation
The US remains as the one having the most eyes on them, totalling 22 regulatory policies in place with other federations and states.
Coinlive Korean financial watchdog to block tens of unregistered exchange websites
Korea's Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country.
CointelegraphSouth Korea's financial watchdog wants to 'quickly' review crypto legislation: Report
The FSC will reportedly “make institutional supplements that will take a balanced approach to blockchain development, investor protection and market stability" on bills proposed.
CointelegraphUS Senate confirms Michael Barr as Fed vice chair for supervision
Michael Barr was on the advisory board of Ripple Labs from 2015 to 2017 and has called on lawmakers to create a regulatory framework on stablecoins to prevent the risk of runs.
CointelegraphGolden Observation | UST crash triggers supervision, many countries emphasize strengthening supervision of DeFi and encryption
Since May 10, the largest algorithmic stablecoin, UST, has seriously de-anchored, and the overall market has been unstable, and the chain reaction has also attracted the attention of regulators from various countries.
FtftxKookmin Bank to Launch South Korea's First Crypto Investment Fund
The investment fund, which will be the first in the country to be offered by a bank, is expected to include a cryptocurrency index and ETF.
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