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Nalezeno "g7 regulations": 3784

Hong Kong's OSL Crypto Exchange Explores Sale at $128 Million Valuation

16.10.2023
Hong Kong-based BC Technology Group Ltd. is reportedly in the early stages of considering the sale of its crypto exchange platform OSL.  OSL is one of only two exchanges in Hong Kong licensed under the digital-asset rules introduced by the city in June.  As per the Bloomberg report, BC Technology...

Saudi Central Bank Calls IMF for “Good Supervision” of Crypto Activities

16.10.2023
Ayman Alsayari, Governor of the Saudi Central Bank (SAMA), has warned against the potential dangers and risks of cryptocurrencies and their brokers. Addressing at a session on the global economy and crypto assets at the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Morocco...

Crypto Exchange Upbit Receives In-Principle License Approval from Singapore

16.10.2023
South Korea's leading cryptocurrency exchange Upbit by volume has secured in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS).  The initial approval will enable Upbit Singapore to continue to provide digital payment token services...

SEC Suffers Another Setback Against Ripple — What Next?

14.10.2023
On October 3, U.S. District Judge Analisa Torres denied the Securities and Exchange Commission’s (SEC) interlocutory appeal of her July 13 decision. Judge Torres’ decision marked another public defeat for the SEC, and if you haven’t read about the case, check out our earlier...

India’s Central Bank RBI Launches CBDC Pilot in Call Money Market

14.10.2023
India’s central bank, the Reserve Bank of India (RBI), has initiated a pilot for a second use case of its wholesale central bank digital currency (CBDC), focusing on the call money market. The Indian central bank reportedly plans to expand its e-rupee testing to cover the entire wholesale...

Coinbase Raises Concerns Over Proposed IRS Tax Regulations on Crypto

13.10.2023
Coinbase, the largest cryptocurrency exchange, argues that the U.S. Internal Revenue Service (IRS) proposal regarding cryptocurrency tax regulations could potentially harm both the cryptocurrency industry and the privacy of American citizens.... Read More: Coinbase Raises Concerns Over Proposed...

Hamas' Crypto Ties May Lend Energy to Sen. Warren's Money Laundering Bill

13.10.2023
The revelations that the terrorist group behind last week’s attack on villages in southern Israel that left more than 1,200 Israelis dead was partially funded with cryptocurrency may lend additional weight to an effort from Sen. Elizabeth Warren (D-Mass.) and others to push for a law targeting...

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...

7 Senators Urge Treasury and IRS to Rapidly Implement Crypto Tax Reporting Rule

13.10.2023
Seven U.S. senators have called on the Treasury Department and the Internal Revenue Service (IRS) to “implement the proposed crypto broker reporting rule as rapidly as possible.” The lawmakers stressed: “We are alarmed by the self-inflicted two-year delay for the rule’s implementation.” Senators...

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