BITS OF BLOCKS
BLOCKCHAIN, LAW AND REGULATION
Steven Pettigrove, Partner, Piper Alderman
Michael Bacina, Partner, Travers Thorp Alberga
NAB to launch AUDN stablecoin
National Australia Bank (NAB) is set to join big-four competitor ANZ in launching its own stablecoin called AUDN by mid-2023. AUDN will...
RBA bags bumper response to CBDC pilot
in a speech last week, Brad Jones, the Assistant Governor (Financial System) of Australia's central bank (the RBA) examined the risks and...
Kiwis consult on the future of money
New Zealand's central bank (the RBNZ) has launched a consultation on the future money focusing on the risks and opportunities posed by...
Debate heats up over digital assets industry standards
CEO and co-founder of FTX, Sam Bankman-Fried, has released a draft set of possible digital asset industry standards that could be enacted...
Singapore consults on retail crypto and stablecoin regulations
The Monetary Authority of Singapore (MAS) has proposed new measures regulating cryptocurrency exchanges and retail crypto offerings as...
Do you need a token dealing policy? Managing insider trading, fraud and conflicts risk
The past year has seen two high profile incidents involving buying or selling crypto-assets (tokens and NFTs) based on information...
EU releases full MiCA text: Are NFTs in or out?
Members of the European Council have approved the full text of the Markets in Crypto Assets Regulation (MiCA), which will shape the...
Tether loan to Celsius could be tested by crypto creditors
The application of insolvency principles to digital assets has come under speculation after stablecoin issuer Tether recovered a USD$840...
A lot at stake with interest bearing staking products
Coinbase has issued a statement saying that it is currently being probed by the US Securities and Exchange Commission (SEC) over its...
Stablecoins lead the regulation race
It is a momentous time for global financial markets. Interest rates continue their ascent followed swiftly by inflation and business...
Reserve Bank Governor reserves crypto praise for stablecoins
At a G20 finance officials meeting on Sunday, the Governor of the Reserve Bank of Australia (RBA), Dr Philip Lowe, made comments...
US and Korea to collaborate on Terra/Luna investigations
Representatives of the US and the Republic of Korea (South Korea) have agreed to collaborate and share investigation data regarding...
A$DC used in Carbon Credit purchase
On Monday, the Australia and New Zealand Banking Group (ANZ) announced the first purchase of tokenised Australian carbon credits using...