The UK's Financial Conduct Authority (FCA) providing additional guidance to crypto firms on new promotional rules, extending compliance deadlines to January 2024. Switzerland launching a pilot project (Helvetia Phase III) for a wholesale central bank digital currency (wCBDC) for settling digital securities transactions. The UK's National Crime Agency (NCA) establishing a dedicated team to address crypto-related crimes and enhance cybersecurity. Tether providing a $610 million debt financing facility to German Bitcoin mining firm Northern Data AG to support its expansion. Switzerland's St.Galler Kantonalbank (SGKB) partnering with SEBA Bank to offer Bitcoin and Ether trading services, reflecting a trend in Swiss banks embracing cryptocurrencies.
