Project Dunbar is jointly led by the BIS Innovation Hub, the Reserve Bank of Australia, Bank Negara Malaysia, the Monetary Authority of Singapore and the South African Reserve Bank

The sector posted net outflows of $47 million in the week ended March 18, after experiencing outflows of $110 million the previous week

The country’s cryptocurrency exchanges say the move is a ‘backwards step’ and will deter investors

The Financial Stability Board is closely scrutinising the use of cryptoassets during the war in Ukraine after concerns they could be used to evade Western sanctions on Russia

The Reserve Bank of India said the spiralling oil and gas prices and unsettled financial market conditions pose fresh headwinds to the global recovery

The advertisements for cryptocurrency or money-making schemes could have misled users into believing they were promoted by celebrities, ACCC said

At least eight highly valued crypto startups — ranging from exchange Gemini to peer-to-peer payments group Circle — have launched VC arms

Binance, the world's biggest crypto exchange, gained a licence to operate in Dubai, bolstering the UAE's aim of becoming a crypto hub. 

The unit said it is looking to invest in technology startups in Web3, gaming and fintech – especially those in the metaverse, NFT, blockchain and e-sports

The US said John Barksdale, a former resident of Thailand, lied about the value and profitability of Ormeus Coin's mining assets, including that the coin was backed by a $250m mining operation

Rules allow traders to offset annual losses against gains for taxes due on cryptocurrency investments, and exempt a value-added-tax of 7% for cryptocurrency trading on authorised exchanges

Russia is facing a barrage of sanctions following its invasion of Ukraine. Governments are concerned it may use cryptocurrencies to evade them