South Korea is to Create a Committee to Monitor the Crypto Market
The authorities in South Korea intend to establish a temporary Digital Assets Committee after the collapse of the Terra ecosystem.
Fidelity Digital Assets to Hire More Employees to Meet Crypto Demand From Institutions
Fidelity Investments has announced it has plans to attract additional specialists to expand its product line.
Armenia’s Central Bank Intends to Develop Crypto Regulation
The State Revenue Committee of Armenia has tasked the Central Bank of the country to develop a regulation of the cryptocurrency sector.
Singapore’s Financial Regulator Wants to Explore DeFi Protocols
The Monetary Authority of Singapore (MAS) will explore the possibilities of DeFi protocols and tokenization.
South American Countries Are Turning to BTC
Due to the fact that 37.3% of South America’s population is below the poverty line, the crypto provides them with insurance against inflation.
Basel Committee Discusses Cryptocurrency Document Again
The Basel Committee on Banking Supervision has published an update on its May 27 meeting.
