Policy
RBA Steps Up CBDC Research but Is Not Convinced There Is a Policy Case Yet: Official
The Reserve Bank of Australia thinks it’s plausible that crypto becomes “niche” once stablecoins and CBDCs are in full force.
India’s Modi Asks Democracies to Cooperate on Crypto
The Indian Prime Minister said crypto can “spoil our youths.”
India to Ban Crypto as Payment Method but Regulate as Asset: Report
The Modi government will also ban active solicitation from crypto firms, such as ads.
Argentina to Tax Crypto Exchanges
The Latin American country will levy a 0.6% tax on the exchanges on cryptocurrency purchases and sales.
Some Chinese Crypto News Sites Appear to Go Dark as Crackdown Continues
ChainNews, Odaily and Block123 were unavailable on Nov. 17.
Nigeria’s eNaira Wallet Nears 500,000 Downloads in First 3 Weeks: Report
Africa’s first CBDC launched in late October.
Russian Ministries, Duma Want to Legalize Crypto Mining: Report
The Russian central bank opposes the measure.
European Commission Urges Members to Agree on Crypto Regulations
The commission is hoping to finalize its proposed regulatory sandbox for financial products based on distributed ledger technology by the end of the year.
