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Singapore bank DBS uses DeFi to trade FX and state securities

Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore.

Research report outlines why the crypto market might be on the verge of a reversal

The bottom might not be in, but a report from Arcane Research outlines how the crypto market could perform in the short, medium and long-term.

Crypto regulation is 1 of 8 planned priorities under India's G20 presidency, says finance minister

Nirmala Sitharaman's comments came amid the Reserve Bank of India launching its digital rupee pilot program for the wholesale segment.

38% of US voters will consider candidates' position on crypto in midterms: Survey

Initiated by Grayscale, the survey suggested crypto regulation was a bipartisan issue, with the majority of Democratic and Republican respondents saying they wanted clarity.

Andy Warhol would have loved (or possibly hated) NFTs

Chinese central bank exec says digital yuan will offer ‘controllable anonymity’

China’s digital yuan is one of the earliest CBDCs whose pilot phase has expanded to include millions of users and billions in transaction volume.

South Korean regulators aim to toughen crypto fraud punishments

The legislation, separate from the upcoming Digital Asset Basic Act, may came into force already in 2023.

El Salvador's Bitcoin purchase information can't be made public: Trustee

As a development bank for El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for citizens and merchants.

Coinbase seeks to join Ripple’s legal fight against the SEC

Crypto exchange Coinbase has filed documentation asking permission to help Ripple Labs in its ongoing legal battle with the SEC.

Stablecoins have a new name in Great Britain: Law Decoded, Oct. 24–31

From El Salvador and Lugano’s collaboration to yet another lawsuit against Do Kwon, this is what the last week in regulation looked like.

Hong Kong financial regulator issues guidelines for crypto futures ETFs

The Securities and Futures Commission hinted it would follow in the CME’s footsteps by only initially allowing listings of ETFs linked to Bitcoin and Ether futures.

Luiz Inácio Lula da Silva wins Brazil’s presidential race — What does this mean for crypto?

The future president reportedly said that cryptocurrencies “deserved the attention of authorities,” calling for Brazil’s central bank to create a framework for digital assets.

Reserve Bank of India to reportedly launch digital rupee pilot in November

Now debuting the wholesale CBDC, the RBI plans to launch the digital rupee for the retail segment within a month in select locations.

EU crypto sanctions against Russia has an unexpected enforcer

The Monetary Authority of Singapore says crypto exchanges in the country must comply with financial sanctions against Russia.

Terrorists are funding their horrible deeds with crypto: UN officials

Cash and hawala remain the “predominant methods of terror financing,” according to a UN official, however, "advanced" terror organizations are turning to cryptocurrencies.

The state of crypto in Northern Europe: Hostile Scandinavia and vibrant Baltics

The Nordics remain a cold place for crypto, but Estonia still leads as the public blockchain adopter.

Vitalik Buterin ‘kinda happy’ with ETF delays, backs maturity over attention

Sharing his opinion around crypto regulations, Buterin spoke against the regulations that have an impact on the inner workings of a crypto ecosystem.

Musk fires Twitter execs, research stirs blockchain energy debate and CFTC brass shares crypto concerns: Hodler’s Digest, Oct. 23-29

Terra co-founder Do Kwon faces $57-million lawsuit in Singapore

The lawsuit alleged Kwon and others made fraudulent claims on UST "either well knowing that they were false and untrue, or recklessly not caring whether they were true or false."

Pro-crypto city of Lugano and El Salvador sign economic agreement based on adoption

As part of the agreement, El Salvador will establish a physical government presence in an effort to “foster cooperation with educational and research institutions.”

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