International

Crypto / Digital Assets

Moody’s is Developing a Scoring System for Stablecoins – Report

By Editors | 31/01/2023

The project, still in the early stages of development, will produce scores for up to 20 stablecoins based on reserve attestation quality.

ESG / Sustainability

Climate Consultancy South Pole Accused of Over-issuing Carbon Credits

By Editors | 30/01/2023

South Pole is alleged to have oversold 27 million tonnes of carbon credits and then failed to notify clients when the mistake was discovered.

AML / KYC

US, EU Authorities Take Down HIVE Ransomware Gang

By Editors | 30/01/2023

“Simply put, using lawful means, we hacked the hackers,” said deputy attorney general Lisa Monaco.

Crypto / Digital Assets

Allowing Self-Custody Should be Considered in CBDC Design

By Sanday Chongo Kabange | 30/01/2023

World Economic Forum article suggests CBDC designers should consider allowing self-custody as an option to increase overall user dignity and welfare.

Sanctions

West Imposes More Iran Sanctions in Response to Protest Handling

By Editors | 29/01/2023

Iran responded with sanctions against EU and UK individuals and entities. IAEA director general Rafael Grossi plans to visit Iran in February for “much needed” political dialogue.

Crypto / Digital Assets

ISDA Launches Standard Definitions for Digital Asset Derivatives

By Editors | 27/01/2023

ISDA says the definitions set clear provisions for execution and settlement and will help to reduce credit and market risk in digital asset trading.

Fintech / Regtech

New Network Launches to Facilitate Stablecoin, CBDC Transfers

By Editors | 27/01/2023

Several Tier 1 banks are participating in POCs to test the Universal Digital Payment Network (UDPN) for cross-border transfers and swaps.

Big Picture

Regulation Increasingly Seen as Effective Way to Boost Cyber Resilience

By Manesh Samtani | 25/01/2023

New report by World Economic Forum and Accenture finds that 73% of business leaders think regulations are effective in reducing cyber risks.

Crypto / Digital Assets

BISIH London Invites Firms to Test Retail CBDC API Platform

By Editors | 25/01/2023

Project Rosalind’s phase one work will be complete within Q1 and be followed by a further phase focused on testing and validating API functionality.