REGULATIONS
ECB Publishes New Stablecoin-Featured Framework for Overseeing Payments
The European Central Bank (ECB) has released a new framework geared towards overseeing all forms of electronic payments in the region, including those bordering on stablecoins.
Coinbase and Binance Amongst the 70 Crypto Firms Awaiting Licensing, Said by MAS
American cryptocurrency trading platform, Coinbase and Binance exchange, two of the world’s largest digital currency brokerages are notably amongst the few platforms awaiting license approval from the Monetary Authority of Singapore (MAS).
First China, Now Singapore; Local Regulations Pushing Huobi Out of Asian Markets
Digital currency trading platform, Huobi Global is shutting its doors to its Singapore-based users in a bid to comply with local regulations in the country.
Huobi Global Moves its Central Operating Base to Gibraltar
Huobi Global, one of the world’s largest digital currency trading platforms has announced the move of its operational headquarters to Gibraltar, a small British enclave in the Southern part of Spain.
Brazilian Lawmaker Advocates for Workers to Receive Payment in Crypto
Brazilian Federal lawmaker, Luizão Goulart has proposed a bill that will see both government and private employees receive their remuneration in digital currencies.
New York State Watchdog Orders Two Crypto Firms to Close Operations, Launching Further Investigations
The Office of the New York Attorney General (NYAG) has directed two unnamed crypto lending firms to halt their operations in the state, indicating these firms are involving ineffective registration.
US DOJ Launches National Crypto Enforcement Team
The US DOJ has unveiled establishing a National Cryptocurrency Enforcement Team (NCET), a law enforcement task force fighting crypto crime.
Over 2.2M Crypto Accounts Set to Trade With Restrictions in South Korea as Exchange’s Deadline Looms
As the South Korea crypto registration deadline looms, over 2 million accounts will be subject to restrictions in trading on multiple exchanges.
Bitcoin ATM Operators Joins Forces to Float New Compliance Cooperative
A group of crypto industry Bitcoin ATM operators and firms have floated the Cryptocurrency Compliance Cooperative to bolster regulatory compliance.
Infrastructure Bill: Is Treasury Sec Against the Proposed Amendments?
US Treasury Sec is opposed to the pro-Bitcoin amendments to the infrastructure bill. Here are some insights behind the story.
US Senators Made Bipartisan Compromise on Crypto Clause in Infrastructure Bill
The group of Senators pushing for amendments to the Infrastructure Bill has arrived at a compromise as confirmed in a press conference held on Monday.
European Commission Moves to Tighten Rules on Cryptocurrency Transfers
The European Commission has announced that firms transferring Bitcoin and other cryptocurrencies must collect details of payers and payees to help regulators prevent the flow of dirty money.
Binance Temporarily Suspends SEPA Euro Bank Deposits, Citing Events Beyond Its Control
Cryptocurrency exchange Binance is facing increasing hurdles in Europe. The financial institution announced to temporarily suspend Euro bank deposits through the Single Euro Payments Area (SEPA) network.
UK NatWest Bank Restricts Daily Transfer Amount to Crypto Exchanges, Including Binance
To prevent the occurrence of fraud-related incidents, NatWest bank has tightened restrictions on crypto-related activities followed by the U.K. financial watchdog imposing restrictions on crypto exchanges.
Norway's Financial Regulator Seeks Legal and Investor Protection for Crypto Consumers
The Norwegian Financial regulator intends to strengthen supervision by protecting investors of crypto consumers.