Global Banking Authorities Extend Crypto Regulatory Framework Deadline

Global Banking Authorities Extend Crypto Regulatory Framework DeadlineThe Group of Central Bank Governors and Heads of Supervision (GHOS) has reviewed the implementation of Basel III reforms and postponed the crypto asset standard implementation date to January 1, 2026. Basel III, finalized in 2017, continues to see widespread adoption, with two-thirds of member jurisdictions expected to implement the reforms fully or partially by […]

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Biden Orders Chinese-Backed Crypto Mining Firm to Divest Land Near US Missile Base

Biden Orders Chinese-Backed Crypto Mining Firm to Divest Property Near US Missile BasePresident Joe Biden has issued an order that blocks Mineone Partners Ltd., a Chinese-backed cryptocurrency mining company, from owning land near Wyoming’s Francis E. Warren Air Force Base, which is a strategic missile base. This measure requires the divestment of land used for crypto mining and the removal of surveillance-capable equipment, citing national security risks. […]

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