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Nalezeno "regulatory": 1896

Standard Chartered: Bitcoin Could Hit $125K Under Trump, $75K Under Harris

13.9.2024
Standard Chartered has reaffirmed its projection that bitcoin will hit new all-time highs by the end of 2024, regardless of the U.S. election outcome. The bank’s digital assets head predicts bitcoin could reach $125,000 under Trump or $75,000 under Harris, with temporary drops under a Harris...

Regulators Partner to Bolster UAE’s Crypto Hub Status

11.9.2024
United Arab Emirates (UAE) regulators, SCA and VARA, have signed a cooperation agreement to strengthen the country’s position as a virtual assets hub. The agreement outlines licensing requirements for VASPs, establishes mutual supervision mechanisms, and aims to foster a stable and regulated...

Lawmaker Criticizes Biden-Harris Administration’s Approach to Defi Regulation

11.9.2024
House Financial Services Subcommittee Chairman French Hill emphasized the need to understand decentralized finance technologies during a hearing. He criticized the Biden administration’s regulatory approach and urged Congress to keep discussions open on supporting defi innovation. Hill noted...

Accenture invests in Emtech to strengthen CBDC, fintech solutions

10.9.2024
The deal will see Emtech’s CBDC solutions and its regulatory and compliance sandboxes integrated into Accenture’s offerings

CFTC Loses Round One: Kalshi Cleared to Offer US Election Bets

8.9.2024
A federal judge this week sided with the prediction market Kalshi’s motion for summary judgment in its legal battle with the U.S. Commodity Futures Trading Commission (CFTC). This decision opens the door for U.S. citizens to place bets on the upcoming November election. However, the ruling isn’t...

Binance Kazakhstan Receives Formal Consent for Regulatory License

7.9.2024
Binance Kazakhstan received formal consent from the Astana Financial Services Authority (AFSA) for a full regulatory license, marking a major step toward becoming Kazakhstan’s first fully regulated Digital Asset Trading Facility (DATF). The approval followed rigorous evaluations, including...

United Texas Bank Faces Regulatory Action for AML Failures Linked to ‘Virtual Currency Customers’

4.9.2024
United Texas Bank has been issued a cease and desist order by the U.S. Federal Reserve and the Texas Department of Banking due to significant compliance deficiencies. The bank must take immediate action to rectify issues related to its anti-money laundering (AML) program and corporate governance...

Qatar introduces regulatory framework for digital assets

2.9.2024
Qatar’s central bank governor believes that the framework will bring opportunities to the country’s financial sector.

Nigerian Blockchain Leader: Approval of 2 Crypto Exchanges Brings Much-Needed Regulatory Clarity

31.8.2024
A Nigerian blockchain industry leader has described the recent approval of two crypto exchanges by the securities regulator as a positive step that improves the image of Nigeria’s crypto space. The leader believes clear regulations will attract foreign investors and benefit Nigerian...

Cryptocurrency Regulation: Global Perspectives

31.8.2024
As cryptocurrencies continue to gain prominence, governments and regulatory bodies around the world are grappling with how to manage this […] The post Cryptocurrency Regulation: Global Perspectives appeared first on WINBTC.NET

Crypto ATMs: A Hotbed of Illicit Activity and Regulatory Crackdowns, Says Report

30.8.2024
A recent TRM Labs report reveals that crypto ATMs have processed at least $160 million in illicit transactions since 2019, with 2023 alone seeing over $30 million directed to known scam addresses. The rate of illicit activity at crypto ATMs is double that of the overall crypto industry, standing...

Binance Research Report: Blockchain Could Transform Cross-Border Transactions

30.8.2024
Blockchain technology is set to transform the payments industry by tackling persistent issues in cross-border transactions. A detailed report by Binance Research suggests that incorporating blockchain into payment systems could substantially lower costs and speed up settlements, offering a...

Bank of Russia Eyes Stablecoins for Cross-Border Transactions

27.8.2024
The Bank of Russia is exploring the use of stablecoins in cross-border transactions, considering them as digital financial assets (DFAs) under existing regulations if they have a responsible entity. The initiative may involve a limited group of qualified investors and would require testing...

Stakeholders urge Nigeria to adopt compliance-focused crypto regulation

25.8.2024
While the government’s concerns are valid, industry stakeholders agree that a more measured approach could yield better outcomes

Ripple, Kraken Legal Chiefs Weigh in on Court Decision in SEC’s Crypto Securities Lawsuit

25.8.2024
The chief legal officers at Kraken and Ripple have weighed in on the Federal Court for the Northern District of California’s recent decision in the U.S. Securities and Exchange Commission’s lawsuit against Kraken. “Another court, this time in the Kraken case, confirms...

Kraken Crypto Exchange Fined by Australian Court

24.8.2024
The Federal Court of Australia has ruled that Bit Trade Pty Ltd., operating crypto exchange Kraken in Australia, failed to meet regulatory obligations for its margin trading product. The product was offered without a required market determination, breaching the Corporations Act. ASIC emphasized...

Binance Unveils Plan to Hire 1,000 Employees This Year, Prioritizing Compliance Amid Regulatory Pressure

24.8.2024
Crypto exchange Binance plans to hire 1,000 new employees this year, primarily for compliance roles, as regulatory spending exceeds $200 million. CEO Richard Teng highlighted the company’s commitment to bolstering its compliance operations amid increased regulatory scrutiny and ongoing legal...