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G20 Leaders Release Statement on Digital Assets and Central Bank Digital Currencies (CBDCs)

G20 leaders have issued their statement following a two-day summit in New Delhi, with India presiding over the G20 this year. The 37-page statement includes a section on the policy and regulation of digital assets and central bank digital currencies (CBDCs). Regulation of Digital Assets...

Federal Reserve Tightens Supervision on Banks Involved in Crypto and Stablecoin Activities

The Federal Reserve has initiated the Novel Activities Supervision Program to enhance the supervision of all banking organizations involved in crypto, distributed ledger technology, and technology-driven partnerships with nonbanks. The move is to ensure that regulation and supervision allow for innovations that improve financial...