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SAMA is Ramping Up Its Research into Central bank digital currencies
The Saudi Arabian Monetary Authority (SAMA) is stepping up its investigation into central bank digital currencies (CBDCs), although it has not yet disclosed any plans to implement such a currency.
The bank announced that it was working on a…
Several Crypto Exchange Websites Taken Down in Kazakhstan
Financial authorities in Kazakhstan have targeted at least five online platforms exchanging cryptocurrencies outside the law. Documents, computer equipment, and cryptocurrency wallets have been seized during searches in the northern part…
Coinbase fined €3.3M by the Dutch central bank
The Dutch central bank has fined the US-based crypto exchange on registration grounds.
Coinbase has a significant number of customers in the Netherlands.
Authorities claim the exchange was non-compliant between November 2020 and August…