OMGFIN Daily News

IMF reiterates call for crypto regulation after the ecosystem's ‘rough year’
According to the IMF, regulations should include “ strict prudential conditions ” for stablecoin issuers following the de-pegging of USD Coin and Dai. T...
Wed, 12 Apr, 2023 at 2:06 AM
Wyoming defends crypto-friendly bank charter regime in Custodia Bank’s lawsuit with Fed
“ The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framewor...
Wed, 12 Apr, 2023 at 2:07 AM
French central bank looks at certification, incorporation as part of DeFi regulation
The Banque de France offered a well-written consideration of issues related to DeFi and the upcoming MiCA regulation, with suggestions. The Banque ...
Wed, 12 Apr, 2023 at 4:21 AM
Zambia’s crypto regulation tests to be wrapped by June: Report
According to Zambia Tech Minister Felix Mutati, the country needs digital identities and different necessary digital infrastructures before it introduces cr...
Fri, 14 Apr, 2023 at 1:27 AM
Montana ‘right to mine’ crypto bill passes the House
The legislation had earlier passed in the Senate in February and will now make it to the table of Governor Greg Gianforte. The bill, seeking to enshrine ...
Fri, 14 Apr, 2023 at 5:13 AM
IMF to publish CBDC handbook in response to increasing demand for guidance
The handbook will be descriptive and instructional, while the IMF offers advice tailored to specific, prioritized countries. With interest in central bank ...
Fri, 14 Apr, 2023 at 5:13 AM
Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions
Analysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise...
Sat, 15 Apr, 2023 at 6:12 AM
SEC targets DeFi in vote to revisit proposal concerning the definition of ‘exchange’
“ It seems perverse to me that we'd be encouraging centralization, ” told SEC Commissioner Hester Peirce previous to a vote on the proposal.  The Uni...
Sat, 15 Apr, 2023 at 6:12 AM
Bank of Russia Analysts Note Ditching US Dollar Is 'Hardly Possible' Without Structural Changes to Foreign Trade
A report from the research department of the Bank of Russia shows that, due to the structure of foreign trade contracts, it'll be delicate to ditch the ...
Sat, 15 Apr, 2023 at 6:12 AM
G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required
The G20 finance ministers and central bank governors have agreed that crypto rule can not be confined to one slice of the world, told India’s finance minist...
Mon, 17 Apr, 2023 at 2:03 AM