# Dubai financial regulator working on regulations for cryptocurrencies

# Dubai financial regulator working on regulations for cryptocurrencies

“# Dubai financial regulator working on regulations for cryptocurrencies ” The Dubai Financial Services Authority, the financial regulatory agency for the special economic zone, the Dubai International Financial Centre, is looking to enhance local cryptocurrency-related regulations. The DFSA is planning to introduce a regulatory framework for diverse digital assets as part of its 2021–2022 business…

Read More
# Bakkt has no plans to support XRP, says CEO

# Bakkt has no plans to support XRP, says CEO

“# Bakkt has no plans to support XRP, says CEO ” Bakkt, one of the biggest cryptocurrency companies in the United States, will not support XRP as part of its further product development, according to the CEO. On Jan. 11, Bakkt CEO Gavin Michael sat down with the Axios Re:Cap podcast to discuss the mainstream adoption of…

Read More
# Japanese SBI and Swiss SIX plan joint crypto venture in Singapore

# Japanese SBI and Swiss SIX plan joint crypto venture in Singapore

“# Japanese SBI and Swiss SIX plan joint crypto venture in Singapore ” Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture. According to a Dec. 8 announcement, the firms’ digital asset-related subsidiaries, SIX Digital Exchange and SBI Digital Asset Holdings, are launching a new…

Read More
# Russian central bank opposes ruble-pegged stablecoins

# Russian central bank opposes ruble-pegged stablecoins

“# Russian central bank opposes ruble-pegged stablecoins ” Senior officials at the Bank of Russia have come out against the issuance of private stablecoins pegged to the Russian ruble. Sergei Shvetsov, a first deputy governor of the Russian central bank, said that the bank aims to ban private firms from offering stablecoins backed by the…

Read More