FMA said Bay Exchange provides services not compliant with the financial markets legislation, while Krypto Security is posing as an entity to help residents recover stolen assets.
RBA's Brad Jones said while CBDCs present an array of use cases that could promote financial stability, they also exhibit risks in the monetary system, such as impeding the ability of central banks.
A local environmental group criticized the discounts and urged the state to reconsider, saying Kentuckians will be left stuck with the bill for the BTC miners.
Eddie Yue of the HKMA says reducing risks associated with digital assets can be achieved by regulating off-chain activities, while BOK's Rhee is skeptical of whether these assets truly have benefits.
The securities regulator says it will not include ‘crypto’ in its regulatory framework until it’s better regulated, despite Nigeria being one of the world’s biggest digital currency hubs.