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Global Crypto Regulations for DeFi Backed by France's Markets Regulator
20.6.2023
France's markets watchdog, the Autorité des Marchés Financiers (AMF), said it fully supports globally coordinated, clear regulation for decentralized finance (DeFi) in order to protect users while fostering the novel and innovative sector's growth.
The AMF published its paper on DeFi on Monday...
Australia's crypto laws risk being outpaced by emerging markets: Think tank
20.6.2023
Bermuda and Nigeria are moving faster on crypto than Australia and the land Down Under will soon “need to be up to speed,” says Loretta Joseph
UK Crypto, Stablecoin Laws Approved by Parliament's Upper House
19.6.2023
The Financial Services and Markets Bill stands to recognize crypto as a regulated activity and stablecoins as a means of payment
EU Legislation for Digital Euro Is Put on Hold: Source
19.6.2023
A bill covering privacy and distribution of the central bank digital currency, originally scheduled for June 28, will be delayed
Do Kwon Sentenced to 4 Months Jail in Montenegro Document Forgery Case
19.6.2023
The court has also ordered the confiscation of two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and fellow Terra executive Han Chang-Joon
UK Financial Watchdog Cancels Binance Permissions on Firm's Request
19.6.2023
U.K.'s Financial Conduct Authority said Binance's local unit is no longer authorized to provide any regulated services in the country
IMF Official Presents Blueprint for Cross-Border CBDCs
19.6.2023
The international organization wants to help cut the cost of cross-border transactions, without abandoning compliance checks or capital controls
France's Markets Regulator Backs Global Rules for DeFi
19.6.2023
The AMF wants industry stakeholders to contribute to a discussion about its views on supervising DeFi, DAOs and associated risks
Crypto Market Regulatory Uncertainty Overshadows Blockchain Development: Bank of America
19.6.2023
The bank said it expects blockchain infrastructure and tokenization to transform financial and non-financing infrastructure and markets over the next five to 10 years
Crypto Conglomerates Should Be Regulated, MiCA 2 Needed, Bank of France Governor Says
19.6.2023
International cooperation is necessary to regulate crypto conglomerates, according to the head of the central bank of France. Speaking at a tech forum in Paris, Governor Villeroy de Galhau also suggested that a new version of the EU’s recently adopted crypto law may be needed to deal with...
Binance Pulls Out of Netherlands, Seeks to Deregister Cyprus Unit
17.6.2023
The world’s largest crypto exchange, Binance, said it’s exiting the Dutch market as it has been unable to obtain registration as a crypto service provider. The news comes after Binance’s entity in Cyprus applied to be removed from the country’s register of digital asset service providers. Binance...
Binance, SEC Strike Deal to Move All U.S. Customer Funds, Wallet Keys Back Onshore
17.6.2023
Binance, Binance.US and the Securities and Exchange Commission (SEC) announced a deal to ensure that only Binance.US employees could access customer funds late Friday
CFTC to Review Prediction Market Kalshi’s Contracts to Bet on Control of Congress
17.6.2023
The Commodity Futures Trading Commission will decide on June 26 whether to start a formal 90-day review of prediction market provider KalshiEX’s contract that allows users to bet on which party takes control of the U.S. Congress
U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains
16.6.2023
Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement
SEC Enforcement Director: 'We're Not Concerned With the Labels' in Crypto Cases
16.6.2023
Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
16.6.2023
Tether's banking relationships were detailed in a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin, in documents obtained by CoinDesk under a Freedom of Information Law request
Blockchain Anti-Counterfeiting Trials ‘Promising,’ EU Agency Says
16.6.2023
The European Union's intellectual property office EUIPO wants traders and customs authorities to use open-source tools to authenticate branded goods
Binance Under Investigation in France for 'Aggravated' Money Laundering
16.6.2023
Binance is accused of illegally canvassing local customers outside of the legal framework, and for implementing poor money laundering checks
Central Banks Successfully Test Over 30 CBDC Use Cases, Including Offline Payments
16.6.2023
An API layer could facilitate a wide range of central bank digital currency payment scenarios, a Bank for International Settlements and Bank of England experiment has shown
OKCoin Accused by FDIC of Making False Claims About Customer Protections
16.6.2023
OKCoin must scrub misleading statements that suggest its customers’ accounts are protected by the U.S. Federal Deposit Insurance Corp. (FDIC), the U.S. banking regulator ordered late Thursday, complaining the company is making false claims