The November 2022 Alameda gap exposed vulnerabilities in the crypto market, shedding light on FTX and Alameda Research’s fraud.
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.
The umbrella organization for Canada’s securities regulators has set out conditions for the trading and issuance of stablecoins.
The exchange operator is instituting new KYC requirements for users from September 2023 to comply with developing global regulatory guidelines.
Dean Skurka stated that although regulations have increased cost, they have also led to greater interest in crypto from institutions.