The Treasury of the United Kingdom is open to regulating fiat-backed stablecoins for payments and wants them under the watch of the FCA.
Legal & Compliance
With the partial revision of the Money Laundering Act, FINMA is increasing the regulatory gap between crypto and traditional currencies.
The International Monetary Fund (IMF) marks in its latest Global Financial Stability report that DeFi is a concern for global markets.
The U.S. government remains divided on the issue of stablecoin regulation, particularly the Democratic administration under Biden.
Cryptocurrencies are becoming increasingly important. Regulations could make an important contribution to the final acceptance and legitimacy.
The two teams combine efforts to bring wide scale compliance with FATF recommendations, specifically the so-called Travel Rule.
As the conflict between Ukraine and Russia drags on, Russia’s largest bank Sberbank has received authorization to issue digital assets.
The Commission for Economic Policy (ECON) of the European Parliament just voted against a Proof-of-Work (PoW) ban on cryptocurrency mining.
U.S. President Biden’s Executive Order calls for acceleration of crypto regulatory and CBDC development efforts.
The Russian government and its central bank remain split over the legality of crypto even though Putin requested consensus.
A report by the US Treasury Department claims that the burgeoning non-fungible token (NFT) space could be a conduit for money laundering.
Hardware wallet firm Trezor is looking to simplify the process of non-custodial wallet ownership proof for VASPs in Switzerland with AOPP.
A forecast of regulatory developments and a unified approach to crypto regulation in the US for the year 2022.
The regulation of fiat-backed stablecoins remains a widely discussed topic as it’s still uncertain how regulators will approach the asset class.
The European Union (EU) has proposed guidelines for the regulation of crypto assets. An extensive overview of these rules and their flaws.
The Securities and Exchange Commission of the United States (SEC) has rejected eleven bitcoin spot ETFs. A criticism of the SEC’s approach.
Cardano’s Chang hard fork and Bitcoin integration milestones, sparked an ADA surge amid rumors of Hoskinson as US crypto advisor.
Emerging markets, particularly Africa, Asia, and Eastern Europe, show substantial potential for cryptocurrency adoption, driven by Telegram.
