They also want the government to tweak plans to make sure the CBDC’s design won’t preclude the possibility of paying interest on the digital pound.
FCA Right to Propose Stop to Marketing Crypto as ‘Inflation Resistant,’ UK Industry Members Say
A long-running industry narrative is that limited-supply cryptocurrencies like bitcoin can hold their value against inflation – similar to gold or bonds.
Kim Kardashian EMAX Suit to Proceed as Court Considers Updated Complaint
A California judge backtracked on a tentative ruling to dismiss the allegations against the reality TV star after receiving a more detailed complaint.
International Securities Regulator IOSCO Proposes Policy Recommendations for Crypto
The consultation period closes on July 31.
Nigeria Picks Bola Tinubu as President Amid Cash Shortages
Tinubu will replace outgoing President Muhammadu Buhari, under whose government the country issued the eNaira and banned banks from interacting with crypto firms.
FATF Agrees on Action Plan to Drive Implementation of Global Crypto Norms
The global financial crime watchdog’s plenary, made up of 206 members of observer organizations like the IMF and the UN, will also take stock of what jurisdictions have been doing so far.