Regulation

National Australia Bank ceases stablecoin AUDN development, shifting focus to a new project, Ubiquity, supported by notable blockchain entities.

Japan’s FSA warns LBank for unregistered operations, raising significant concerns about transparency and accountability in cryptocurrency transactions.

The 2023 BIS survey shows only 12% of central banks plan to issue retail CBDCs in the mid-term, with more interest in wholesale CBDCs for cross-border payments.