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UK’s FCA provides more guidance on crypto promotion compliance
7.8.2024
The financial regulator is trying to bring companies offering crypto services into line with requirements that came into force in October
Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism
19.7.2024
The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations that impact stablecoins. The updated standard favors permissioned stablecoins, such as JPM Coin, over those issued on public chains. This has elicited...
U.S. House Fails to Override Biden's SEC Veto of Bill That Would End Controversial SEC Guidance
11.7.2024
Bitcoin Waits for Guidance From U.S. Inflation Data, Bond Market
11.7.2024
Increased prospects of Fed rate cuts could bode well for BTC's recovery
New York Tightens Customer Service Regulations for Crypto Companies
1.6.2024
The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement customer service policies and procedures. Crypto entities must collect data to ensure timely and fair resolution of issues, maintain records for regulatory...
U.S. President Biden Vetoes Resolution Overturning SEC Guidance
1.6.2024
U.S President Joe Biden signed a veto of a House Joint Resolution that would have repealed the Securities and Exchange Commission's (SEC) Staff Accounting Bulletin 121
NYDFS Issues New Crypto Firm Guidance for Consumer Complaints
30.5.2024
New York’s top financial regulator has issued new guidance which requires cryptocurrency service providers to collect relevant data to assess whether they are resolving customer service requests and complaints in a timely and fair manner, it announced Thursday
House overturns SEC’s anti-crypto guidance, Biden to veto: Law Decoded
13.5.2024
U.S. President Joe Biden may block the U.S. House of Representatives’ decision
House votes to nullify SEC’s anti-crypto banking guidance SAB 121
9.5.2024
The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets
Bank of England and FCA Launch Digital Securities Sandbox Consultation for DLT Testing
4.4.2024
The Bank of England and the UK’s FCA have commenced a consultation process regarding the draft guidance for their Digital Securities Sandbox.
The post Bank of England and FCA Launch Digital Securities Sandbox Consultation for DLT Testing appeared first on Cryptonews
UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT
3.4.2024
The DSS will last five years and could lead to a new regulatory regime for securities settlement
UK Ad Rules Apply to Influencers, Crypto Memes, Regulator Confirms in New Guidance
27.3.2024
"The use of memes in promotions is particularly prevalent in the crypto-asset sector," the FCA's guidance said
Paradigm Supports Coinbase’s Case Against the SEC, Files Amicus Curiae Brief
19.3.2024
Paradigm has filed an amicus curiae brief supporting Coinbase in its legal battle against the SEC. The crypto investment firm argues that the SEC's refusal to provide clear regulatory guidance for digital assets is hindering compliance efforts and pushing businesses overseas. Coinbase's case...
Andorra Receives Technical Assistance From IMF on Bitcoin Transactions
14.3.2024
The International Monetary Fund (IMF) has issued technical guidance, charging Andorra with tracking and recording Bitcoin transactions. This follows the European country's seeking guidance from the IMF.
The post Andorra Receives Technical Assistance From IMF on Bitcoin Transactions appeared first...
U.S. House Panel Votes to Disapprove of Controversial SEC Custody Guidance
29.2.2024
The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes
Hong Kong's Central Bank Issues Guidance for Firms Offering Crypto Custodial Services
20.2.2024
Hong Kong's central bank issued guidance for authorized institutions interested in providing custody services for digital assets
Trump Reiterates Anti-CBDC Stance, Credits Vivek Ramaswamy for Policy Guidance
23.1.2024
The Republican frontrunner credited former candidate Vivek Ramaswamy for the policy
IRS Delays Enforcement of Digital Asset Reporting Rules, Awaiting Regulations
18.1.2024
On Tuesday, the U.S. Internal Revenue Service (IRS) and Treasury provided transitional guidance on digital asset reporting, postponing enforcement pending regulation issuance. IRS Temporarily Halts Enforcement of Digital Asset Reporting The U.S. Treasury Department and the Internal Revenue Service...
Hong Kong Regulators Unveil Public Consultation Paper on Stablecoin Regulation
28.12.2023
Hong Kong Monetary Authority (HKMA) and Financial Services and the Treasury Bureau have released a public consultation paper to gather residents’ opinions on the proposed regulatory regime for stablecoin issuers. The HKMA also announced the introduction of a sandbox arrangement whose purpose will...
New York Offers New Virtual Currency Guidance
22.12.2023
On Nov. 15, 2023, the New York Department of Financial Services (NYDFS) issued new standards for virtual currency (coin) listings and delistings. These new regulations apply to Bitlicensees and limited-purpose trust companies and include business model considerations for virtual currency entities...