OMGFIN Daily News

Australian Government Says It Is Working to Ensure 'Regulation of Crypto Assets Protects Consumers'
The Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the refo...
Wed, 8 Feb, 2023 at 6:40 AM
North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils
The regime in North Korea managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference be...
Fri, 10 Feb, 2023 at 12:52 AM
Nigerian City of Lagos Among the World's Top 20 Crypto Hub Cities — Study
According to the findings of a study, the Nigerian city of Lagos is ranked among the world’s top 20 crypto hub cities. Besides Lagos, five more African citi...
Fri, 10 Feb, 2023 at 1:03 AM
Brazil’s oldest bank allows residents to pay their taxes using crypto
The move will allow Brazilian taxpayers to easily settle their tax liabilities while expanding “access” to the digital asset ecosystem. A major Brazil...
Mon, 13 Feb, 2023 at 12:53 AM
Consumer Federation of California reattempts to regulate crypto companies
Assemblymember Timothy Grayson introduced the Digital Financial Assets Law to protect Californians from financial hardship and foster responsible innovation...
Mon, 13 Feb, 2023 at 1:28 AM
Proposed EU parliament rule could have banks apply 1,250% risk weight to crypto exposure
The proposed rule change, putting crypto at one of the highest risk ratings at financial institutions, could go into effect until December 2024.  T...
Tue, 14 Feb, 2023 at 1:47 AM
UAE central bank to issue CBDC as part of its financial transformation program
The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments.  The Central Bank of the...
Tue, 14 Feb, 2023 at 2:11 AM
UK FCA to take action against unregistered, illegal cryptocurrency ATMs
According to the FCA, all crypto ATM operators in the United Kingdom are currently illegal because none of them is registered with the regulator. The Un...
Wed, 15 Feb, 2023 at 1:48 AM
SEC to target crypto firms operating as ‘qualified custodians’ — Report
If a majority of the five-member SEC panel votes in favor of the draft proposal, it will proceed to the next stage, which will be reviewed by other members ...
Wed, 15 Feb, 2023 at 2:04 AM
India Having 'Detailed Discussions' With G20 Members on Crypto Regulation
India is having “detailed discussions” with other G20 members about forming a collective standard operating procedure (SOP) to regulate crypto assets, India...
Thu, 16 Feb, 2023 at 1:18 AM