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Policy
Central Bank of Chile Sets Up Team to Study CBDC Issuance
The team will present a white paper in first-quarter 2022 stating the objectives, requirements and regulations for the development of a digital currency.

China Tightens Crypto Mining Crackdown, Bans Trading
The country’s top regulators are not done with crypto.

BitMEX Joins Binance, Bybit in Removing Korean Language Ahead of Regulatory Deadline
South Korean regulators have asked exchanges to register by Friday.

Panamanian Congressman Presents Bill to Regulate Crypto
Gabriel Silva drafted legislation proposing the use of cryptocurrency as a means of payment for civil and commercial operations.

Hong Kong SFC Should Regulate Crypto, Says Official: Report
The city’s government is expected to propose a bill that would require virtual asset services providers to apply for licenses.

China to Pilot Blockchain-Based Green Power Trading
The world biggest CO2 emitter is using blockchain to transition into carbon neutrality.

Singapore Issues Investor Alert for Binance
The crypto exchange is unregulated in Singapore and may have broken the law, according to the city-state’s financial watchdog.

Singapore Grants Digital Token Payment Licenses to FOMO Pay
The city-state granted an “in principle” license to Independent Reserve in August.

China’s 9F to Become Crypto Brokerage After State Cracks Down on P2P Lending
The financial technology firm had to abandon its biggest revenue stream because China wanted to eradicate the industry.

China to Build Global Clearing Network for Mobile Payments, Using Digital Yuan: State Media
RMB internationalization is inevitable, wrote People’s Daily.
