The Russian government and its central bank remain split over the legality of crypto even though Putin requested consensus.
Legal & Compliance
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.
The U.S. House of Representatives Financial Services Committee invited several CEOs of large crypto firms in the United States.
The government of India plans to regulate cryptocurrencies as a new asset class, but maintains strong restrictions, especially for payments.
Global regulatory agencies are cooperating to integrate crypto assets and DeFi applications into the current financial system.
New laws regulating stablecoins are intended to effectively integrate them into the current regulatory environment of banks.
An interagency team of U.S. banks regulators will come up with a regulatory roadmap for banks to incorporate cryptocurrencies into their service offerings.
The CFTC has fined largest stablecoin issuer Tether $41 million over “misleading” claims that USDT was fully backed by the dollar.
At the Fourth G20 Finance Ministers and Central Bank Governors meeting, authorities called for more oversight on the stablecoin niche.
DeFi is a new financial paradigm that generates significant benefits. As of September 2021, DeFi…
Especially in the United States an increasing institutional adoption of cryptocurrencies could be observed recently.…