Per a recent report from the Wall Street Journal, crypto companies are strengthening their legal departments. As a reaction to an increase in regulatory and political pressure on blockchain-based comp...
Tag: Regulatory
expert reveals potential regulatory delays ahead
Elon Musk has succeeded in buying Twitter Inc (NYSE: TWTR). The social media and microblogging company confirmed just moments ago that its board, after a comprehensive review, has unanimously approved...
ECB needs ‘globally coordinated regulatory action’ on crypto, says official
European Central Bank executive board member Fabio Panetta said lawmakers across the world must decide how to regulate cryptocurrencies based on potential risks. In a written statement for a speech to...
Kraken secures regulatory approval to set up shop in Abu Dhabi
Another leading crypto exchange, Kraken, will begin operations in the United Arab Emirates, having secured a license to set up regional trading headquarters in Abu Dhabi, Bloomberg News reported. Krak...
Kraken gets a regulatory license to operate in the UAE
Kraken has announced its expansion into the United Arab Emirates (UAE). The cryptocurrency exchange plans to launch its regional headquarters in Abu Dhabi after getting full regulatory approval to ope...
CAR unveils its crypto regulatory framework 1
TL; DR Breakdown CAR announces crypto regulatory framework The country wants a safe space for crypto Offenders will face up to 20 years in jail Over the last few days, the Central African Republic has...
Crypto exchange Kraken to launch in UAE after full regulatory approval
Jack Guez | Afp | Getty Images ABU DHABI, United Arab Emirates — U.S. cryptocurrency exchange Kraken is expanding into the Middle East and will open its regional headquarters in Abu Dhabi after receiv...
Indian Banks Seek Regulatory Clarity Over UPI Support For Crypto Trading
Indian Banks have asked the National Payments Corporation of India (NPCI) to clarify its stance on the use of UPI and IMPS for crypto trading. At a recent meeting, banks raised concerns over a lack of...
Goldman Sachs looking to advise FTX on IPO, regulatory discussions
Goldman Sachs is looking to form a partnership with FTX, one of the largest bitcoin exchanges, the Financial Times reported on April 21. According to the report, Goldman Sachs CEO David Solomon met wi...
Australia’s Financial Regulator Issues First Regulatory Roadmap for Crypto Assets
The Australian Prudential Regulation Authority (APRA), a major regulator of the Australian financial services industry, announced on Thursday that it has issued a policy roadmap for implementing regul...
Cardano Announces Partnership to Integrate On-Chain KYC in Compliance with Regulatory Requirements
Tomiwabold Olajide Through this collaboration, Blockpass will add Cardano crypto addresses to Blockpass App Cardano’s commercial arm, EMURGO has unveiled its partnership with Blockpass to onboar...
Former FCA Regulator Becomes New Binance Director of Regulatory Policy
Binance, a major cryptocurrency exchange, said on Thursday that it appointed Steven McWhirter as its new Director of Regulatory Policy. According to the press release, McWhirter comes from the UK Fin...
South Korea Exchange Faces New Regulatory Scrutiny
The Korea Fair Trade Commission (KFTC) is considering bringing the operator of South Korea’s largest exchange, Upbit, under “large business” regulations. The Korea Herald reported that Dunamu’s reclas...
European Crypto Industry Leaders Ramps up Efforts to Influence EU Regulatory Crypto Policy
According to Reuters, the European Union is working to regulate the cryptocurrency industry, advocating for relevant cryptocurrency exchange companies to disclose relevant details. Still, it has been ...
Robinhood awaits regulatory approval to acquire London-based Ziglu
Robinhood has announced plans to acquire Ziglu Limited, a cryptocurrency exchange based in the UK. Robinhood hopes that this acquisition will support the firm’s expansion in the UK and the European Un...
New tough regulatory measures on Aussie Cryptocurrency Influencers
The cryptocurrency market is growing in popularity as more consumers and businesses turn to digital assets. Every day, the number of new crypto fans grows exponentially. More people and companies are ...
QMALL Crypto Exchange Obtained a Regulatory License from the EU
The Ukraine-based QMALL crypto exchange obtained a crypto license from the European Union (EU) and payment gateway. The cryptocurrency license is providing QMALL with access to European clients and bu...
Half of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF
The Financial Action Task Force, or FATF, reported that many countries, including those with virtual asset service providers (VASPs), are not in compliance with its standards on Combating the Financin...
Binance makes strides in the MENA region with its regulatory and compliance efforts
In its efforts to create a global environment for wider crypto adoption, Binance has been working continuously in various regions around the world. Recently, it received its In-Principal Approval (IPA...
ConsenSys Objects to SEC’s Regulatory Amendments
Key Takeaways ConsenSys has objected to regulatory amendments proposed by the SEC that would expand the definition of “exchange.” The Ethereum development firm believes that the language o...
LINE’s NFT Marketplace is Live Despite Regulatory Uncertainty
Uncertainty regarding how cryptocurrencies will be regulated is likely the most troubling topic recently across regions and countries, particularly in Asia. While authorities continue to work on legal...
Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework – Coinotizia
Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)’s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real e...
Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework – Regulation Bitcoin News
Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)’s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real e...
Bitstamp asks users to update the source of their crypto, citing regulatory compliance
Major global cryptocurrency exchange Bitstamp continues increasing compliance efforts by requesting its users to provide more data like their source of wealth. In an email notification to users on Wed...
Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper – Regulation Bitcoin News
The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (...
After Coinbase, Top Indian Crypto Exchanges Disable Deposits Citing Regulatory Hurdle
Two of India’s largest crypto exchanges – CoinSwitch Kuber and WazirX – have halted deposits in Indian rupees citing regulatory problems, triggering a wave of angry protests by investors on social med...
Major crypto exchanges in India disable fiat deposits amid regulatory uncertainty
Some of the biggest crypto exchanges operating in India have disabled the option to deposit fiat via the United Payments Interface (UPI) amid regulatory uncertainty after its operator denied knowledge...
Major Indian Crypto Exchanges Halt Deposits Amid Regulatory Uncertainty: Report
In brief Two major exchanges in the country have now disabled deposits via a popular payment system. Cryptocurrency regulation in India has been unclear for a while now. Two major Indian cryptocurrenc...
China-based regulatory and trade associations target NFTs in latest risk notice
The China Banking Association, the China Internet Finance Association and the Securities Association of China issued a joint statement warning the public about the “hidden risks” of investing in nonfu...
Prime Trust Hires Former Secret Service Veteran as VP of Regulatory Affairs
Prime Trust, a Les Vegas-based technology-driven trust company that provides financial infrastructure for fintech and digital asset firms, announced Tuesday that it has appointed Jeremy Sheridan, the ...
Prime Trust Hires Secret Service Veteran to Head Regulatory Affairs
For his part, Sheridan spent more than two decades working for the United States Secret Service, including the presidential protective detail for President George W. Bush. Toward the end of his Secret...