OMGFIN Daily News

CFTC commissioner calls for global industry standards in crypto regulation
CFTC commissioner Caroline Pham said that there are advanced discussions on global standards happening outside of the United States. Caroline Pham,...
Thu, 19 Jan, 2023 at 1:48 AM
China’s digital yuan gets smart contract functionality alongside new use cases
China's central bank digital currency (CBDC) has seen new use cases in recent days, including buying securities and making offline payments.  C...
Fri, 20 Jan, 2023 at 1:14 AM
Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight
Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Ag...
Fri, 20 Jan, 2023 at 2:18 AM
Ukraine to Be Best Crypto Jurisdiction With New Tax Rules, Digital Minister Says in Davos
Ukraine will become the world’s best jurisdiction for crypto assets, the minister overseeing the country’s digital transformation promised. Speaking with me...
Sat, 21 Jan, 2023 at 12:59 AM
Crypto to play 'major role' in UAE trade: foreign trade Minister
UAE’s minister of state for foreign trade Thani Al-Zeyoudi noted that as the country has attracted a lot of talent from the crypto sector, the UAE now needs...
Sat, 21 Jan, 2023 at 2:18 AM
Switzerland Less Affected by Crypto Industry Crisis, Study Finds
While the global industry built around digital assets is losing funds and jobs are dropping off, Switzerland seems to be weathering the storm relatively wel...
Mon, 23 Jan, 2023 at 12:39 AM
Central African Republic eyes legal framework for crypto adoption
A 15-member committee is tasked with working on a legal framework that will allow cryptocurrencies to operate in the Central African Republic and expedite t...
Mon, 23 Jan, 2023 at 1:40 AM
ECB executive board member outlines plans for digital euro to European Parliament
ECB board member Fabio Panetta affirms the ECB’s digital euro privacy policy and says the digital currency will never be programmable, but it may have an ap...
Tue, 24 Jan, 2023 at 12:44 AM
Japan’s FSA expects to allow certain stablecoins by June 2023
There is yet no opportunity to know whether US dollar-backed stablecoins like USDT or USDC will be allowed in Japan by June 2023, the FSA said. Ja...
Tue, 24 Jan, 2023 at 5:06 AM
Saudi Central Bank still researching CBDC, but no decision on deployment
Saudi Arabia's central bank stressed that no decision has been made to launch a CBDC in the Kingdom, but it will continue to research use cases.  ...
Wed, 25 Jan, 2023 at 1:23 AM