regulatory arbitrage – DIGIT INFO

Nigerian minister urges SEC to tackle crypto regulation challenges

DIGIT — Wed, 10 Jul 2024 07:36:27 +0000

Nigeria’s cryptocurrency regulations are currently in the process of being updated.

Binance Sued by CFTC for Alleged Violations of Trading and Derivatives Rules

DIGIT — Mon, 27 Mar 2023 16:30:56 +0000

The world’s largest crypto exchange by trade volume, Binance Holdings Ltd., has been sued by the U.S. Commodity Futures Trading Commission. Binance CEO Changpeng Zhao has been named in the lawsuit and the charges claim the crypto exchange broke several trading and derivatives rules. The lawsuit also names Binance’s former chief compliance officer, Samuel Lim, […]

Go to Source

US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities

DIGIT — Sat, 28 Jan 2023 19:30:45 +0000

The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a state member bank or prospective applicant from providing crypto-assets safekeeping services. Limiting Regulatory Arbitrage The […]

Go to Source

FSB releases recommendations to regulate ‘global stablecoins’ such as Libra

DIGIT — Wed, 14 Oct 2020 03:46:15 +0000

The Financial Stability Board has warned that global stablecoins could pose systemic risks to the monetary systems of nation-states.

Go to Source