March 2023

• The United States Treasury recently released a study that showed the potential benefits and drawbacks of introducing central bank digital currency (CBDC). • Lawmakers have expressed concern over the potential impact of introducing CBDCs on privacy protection and the banking sector. • According to the research, CBDCs could potentially reduce asset price volatility and […]

• The U.S. Department of Justice is currently investigating Signature Bank over potential shortcomings in its efforts to stop money laundering. • The investigations are taking place in both Washington and Manhattan, and the SEC is also “taking a look” at the bank as part of a separate investigation. • If found guilty, Signature Bank […]

• Australian authorities are looking to release clear legislation for cryptocurrencies. • The government aims to roll out consultation papers in the second quarter of 2023 and hold roundtable meetings in the third quarter of 2023. • Decisions regarding Australian crypto legislations could take time, extending beyond 2024. Australian Crypto Legislation Could Extend Beyond 2024 […]