The new “credit currency” will allow users to rely on cryptocurrencies as collateral without needing to obtain loans from other institutions.

DFSA’s decision about Saxo Bank’s crypto holdings will have a “very limited impact” on its business and its customers will not experience any significant changes, the lender said.

A report says sources close to the situation have said U.S. officials plan to restrict Chinese companies’ access to cloud computing services as a security measure.

The collaboration will give startups access to a grant program and support in areas such as technology, marketing and business development.

The CBDC aims to enhance the country’s potential for foreign trade with nations that lack U.S. dollar reserves.

The Law Commission’s recommendations highlight the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations.

South Africa reportedly becomes the first country on the continent to require digital asset exchanges to be licensed.

Binance said it is cooperating with Australian regulators to meet local regulatory requirements amid reports of office searches.

Mark Cuban thinks the SEC could have saved U.S. customers from FTX had it adopted Japan’s approach to crypto regulation, but John Reed Stark disagrees.

Following a third reading in the House of Lords, the Economic Crime and Corporate Transparency Bill will return to lawmakers to consider changes before being signed into law.