Category: Regulations
Auto Added by WPeMatico
The Alameda gap and crypto liquidity crisis explained
The November 2022 Alameda gap exposed vulnerabilities in the crypto market, shedding light on FTX and Alameda Research’s fraud.
UK’s FinProm a welcome change, but challenge persists: Transak compliance head
Transak’s compliance chief James Young told Cointelegraph that while the U.K.’s new crypto marketing rules are good for the industry, they still pose challenges to some firms operating in the decentralized space.
Canadian regulatory body clarifies stablecoin rules for exchanges and issuers
The umbrella organization for Canada’s securities regulators has set out conditions for the trading and issuance of stablecoins.
Bitget mandates KYC requirements in line with tightening global regulations
The exchange operator is instituting new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines.
Canada’s regulatory clarity is bringing institutions to crypto – WonderFi CEO
Dean Skurka stated that although regulations have increased cost, they have also led to greater interest in crypto from institutions.
US regulatory clarity has begun in court after Ripple win: CFTC commissioner
CFTC Commissioner Caroline Pham said recent court opinions around digital assets and securities are a first step to crypto regulatory clarity.
Powered by WPeMatico
Crypto firm Gemini picks Ireland as European base amid US crypto blues
Cameron Winklevoss has predicted a “Cambrian explosion” in European innovation once regulations are rolled out.
Powered by WPeMatico
Japan’s crypto anti-money laundering measures to start in June: Report
The Japanese parliament has decided to roll out tougher AML procedures in line with the “travel rule.”
Powered by WPeMatico
Stablecoin issuers have spent over $1.3M lobbying Congress since 2022
Tether and Circle have been leading lobbying efforts among stablecoin issuers as they push for legislation and regulations for stablecoins.
Powered by WPeMatico