Crypto
Basel Committee Endorses Global Crypto Banking Rules to Be Implemented by 2025
The rules suggested that a bank's exposure to certain crypto assets must not exceed 2% and should generally be lower than 1%.

Incoming FCA Chair Calls Crypto Firms Like FTX 'Deliberately Evasive'
Ashley Alder, who is currently the CEO of Hong Kong’s Securities and Futures Commission, will be commencing his role with the Financial Conduct Authority on Feb. 20, he told the Treasury Committee.

Indian Crypto Traffic Took a Nosedive as Tax Regime Tightened
The government's two taxes have cut usage of Indian crypto platforms, although interest in Binance has remained steady because that exchange is out of the country's jurisdiction.

Australia Moves to Tighten Safety Around Crypto in 2023
Australia's Treasury has invited feedback for a consultation paper that will include a framework for regulating crypto service providers.

Brazil Central Bank Plans to Launch a CBDC in 2024
The central bank sees a digital currency as a way of increasing participation in the financial system.

How Crypto Can Avoid the Next FTX
Blockchain technology and cryptographic standards like ZK-proofs can help crypto companies and protocols prove they are solvent – even in times of crisis.



