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Article by Steve Kaaru

Central Bank of Kenya: State-backed digital currency won’t solve all financial challenges
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2 April, 2022

Central Bank of Kenya: State-backed digital currency won’t solve all financial challenges

The CBK governor believes that central banks must address their financial challenges directly before launching a digital currency as it...
6 US regulators crackdown on Voyager Digital over interest-bearing accounts
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1 April, 2022

6 US regulators crackdown on Voyager Digital over interest-bearing accounts

The regulators filed a mix of show cause and cease and desist orders against Voyager, which replied by saying that...
Bank of Japan begins second phase of CBDC testing
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1 April, 2022

Bank of Japan begins second phase of CBDC testing

The BOJ completed the first phase, which started in April last year, in which it focused on the basic functions...
LG Electronics ventures into blockchain and digital assets
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1 April, 2022

LG Electronics ventures into blockchain and digital assets

LG is expanding beyond the scope of its traditional businesses, looking to digital assets and blockchain as it leaves areas...
Japan to revise digital asset exchange laws to plug Russia’s sanction evasion loophole
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1 April, 2022

Japan to revise digital asset exchange laws to plug Russia’s sanction evasion loophole

Top government officials have pledged to revise the Foreign Exchange and Foreign Trade Act to ensure Russia doesn’t get a...
B Venture Studio launching in Saudi Arabia, Jimmy Nguyen announces on CoinGeek Backstage
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31 March, 2022

B Venture Studio launching in Saudi Arabia, Jimmy Nguyen announces on CoinGeek Backstage

Jimmy Nguyen, founding president of the BSV blockchain’s association, announced that they have partnered with a Saudi firm to launch...
Bank of Thailand to limit banks’ exposure to digital assets
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31 March, 2022

Bank of Thailand to limit banks’ exposure to digital assets

The central bank says it’s fully behind fostering the growth of the digital assets industry, but banks must be cautious...
Bank of England partners with MIT for 12-month CBDC research project
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31 March, 2022

Bank of England partners with MIT for 12-month CBDC research project

The BoE joins the U.S. Federal Reserve and the Bank of Canada, which has been working with MIT, but it...
South Korean exchanges begin a new Travel Rule era, with DeFi and NFTs taking biggest hit
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31 March, 2022

South Korean exchanges begin a new Travel Rule era, with DeFi and NFTs taking biggest hit

All South Korean exchanges now adhere to the FATF Travel Rule, with transfers above $821 being flagged as DeFi and...
Vietnam’s deputy PM calls for legal framework targeting digital assets
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31 March, 2022

Vietnam’s deputy PM calls for legal framework targeting digital assets

Deputy Prime Minister Le Minh Khai appointed the Ministry of Finance to oversee digital assets and explore and amend laws...
BIS partners with Australia, Singapore on multi-CBDC platform pilot
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30 March, 2022

BIS partners with Australia, Singapore on multi-CBDC platform pilot

The Bank for International Settlements also partnered with South African and Malaysian central banks to develop the prototypes for an...
Low smartphone penetration will hinder CBDC adoption, Kenya central banks says
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30 March, 2022

Low smartphone penetration will hinder CBDC adoption, Kenya central banks says

The central bank governor believes it may be wise to delay the possible rollout of a digital shilling as those...

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