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Nalezeno "EU watchdog": 434

CFA Renews Accusations Against Circle, Says CCTP May Be Funding Terrorism via Tron

15.12.2023
Nonprofit watchdog CFA alleged Circle’s blockchain protocol CCTP enables money laundering and funding of terrorism through Tron network. Image by Kerem Goktug Kaya, DALL-E 3. The Campaign for Accountability (CFA), a nonprofit ethics watchdog, renewed its accusations against Circle on December...

FCA Slow to Take Crypto Enforcement Action, UK's Public Spending Watchdog Says

11.12.2023
Even when the financial regulator has the power to act, years can go by before it takes enforcement action, the U.K.'s National Audit Office said

Ripple’s CLO Says SEC Is Anything But Infallible — Advises ‘Don’t Be Intimidated When They Come Knocking’

2.12.2023
Ripple’s chief legal officer says the U.S. Securities and Exchange Commission (SEC) is “anything but infallible,” emphasizing that the regulator is “bloated, broken, and beleaguered.” He advised investors not to be intimidated when having to deal with...

Ethics watchdog rats out Circle for links to Tron in letter to Sens. Warren, Brown

11.11.2023
The Campaign for Accountability wanted to let the anti-crypto senators know that the threat of terrorist financing with crypto was worse than they thought

Spanish Watchdog Initiates Sanctions Against Miolos for Violating Crypto Ad Rules

9.11.2023
Source: Pixabay The National Securities Market Commission (CNMV) of Spain has opened its first crypto infringement case against local technology provider Miolos. CNMV, the Spanish securities markets regulatory body, released an agreement on Wednesday, announcing “sanctions proceedings” against...

EU Banking Watchdog Issues Draft Liquidity Rules for Stablecoin Issuers

8.11.2023
Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said

EU banking watchdog proposes liquidity rules for stablecoin issuers

8.11.2023
The proposed guidelines are currently in the public consultation phase for the next three months, and if approved, it will come into effect starting in June 2024

U.S. Consumer Finance Watchdog Wants to Oversee Major Tech, Some Crypto Payments

7.11.2023
A proposed rule would let the CFPB supervise nonbank payment providers and transactions between people, including some crypto transactions

U.S. Banking Watchdog Hsu Says Tokenization Promising, But Crypto Full of Fraud

7.11.2023
Tokenization of assets could be the answer to the risky complexities of settling the movement of funds and securities, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency

U.S. SEC's Knock From Congressional Watchdog May Not Budge Crypto Accounting Policy

2.11.2023
As the U.S. Securities and Exchange Commission (SEC) Chair keeps chasing non-compliance in crypto, his agency was slammed by the watchdog Government Accountability Office (GAO) for its own compliance failure in issuing crypto accounting standards without treating the policy as a formal rule....

Turkey Aims to Leave FATF Grey List with Proposed Crypto Asset Legislation

1.11.2023
Turkey is taking steps to toughen its crypto regulations in an effort to convince the Financial Action Task Force (FATF), an international financial crime watchdog, to remove it from the “grey list” of countries that have not done enough to combat money laundering and terrorist...

Bitfinex Lands on UK Financial Watchdog’s Warning List for Unauthorized Promotion of Financial Services

31.10.2023
The Financial Conduct Authority (FCA) in the UK has raised concerns about Bitfinex, a cryptocurrency exchange, that it may be promoting financial services or products without the FCA’s permission. On October 27, the FCA in the UK issued a public warning regarding Bitfinex, expressing concerns...

Drawbacks of Stablecoin Cross-Border Use Outweigh Benefits: Global Payments Watchdog

31.10.2023
Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said

UK Issues Over 200 Alerts Against Crypto Firms Allegedly Breaking Promotion Rules

27.10.2023
Britain’s Financial Conduct Authority (FCA) has issued hundreds of alerts regarding companies “illegally promoting crypto assets to U.K. consumers.” The regulator also highlighted several “common issues” with crypto promotions it has identified since it imposed stricter marketing rules earlier this...

UK Financial Watchdog Flags “Common” Failures in Crypto Marketing

25.10.2023
The Financial Conduct Authority (FCA) has identified some recurring issues in the marketing of cryptoassets following the implementation of new regulations on October 8. In a Wednesday blog post, the FCA highlighted three primary problems, which include misleading claims regarding...

EU Privacy Watchdog Takes Aim at ‘Excessive Centralization’ of Digital Euro

18.10.2023
The central bank digital currency has met significant opposition from lawmakers worried over excessive state snooping

Defi Not a Risk to Financial Stability Yet, EU Securities Regulator Reports

13.10.2023
Decentralized finance (defi) brings risks for investors but is yet to pose “meaningful risks” to financial stability, according to Europe’s securities watchdog. The agency believes, however, the phenomenon deserves attention in light of the EU’s new crypto rules as well as growing user base and...