Tag: Regulatory compliance

Coinbase UK, a subsidiary of the Coinbase Group, has been fined £3.5 million ($4.5 million) by the Financial Conduct Authority (FCA) for repeatedly breaching anti-money laundering regulations. This marks the first time the FCA...

Staking in the US Crypto Landscape: Navigating Regulatory ChallengesStaking has become a cornerstone of blockchain innovation, revolutionizing the way digital assets are secured and maintained since the dawn of Bitcoin. This proof-of-stake (PoS) mechanism...

Navigating Regulatory Challenges: The Role of Sandboxes in InnovationIn the ever-evolving landscape of the crypto industry, regulatory clarity is key to fostering innovation, ensuring consumer protection, and maintaining market stability. However, traditional regulatory approaches...

SEC Fines DCG $38 Million, Sanctions Genesis CEO for Negligence: Investor Fraud CaseThe Securities and Exchange Commission (SEC) has made a significant move by initiating enforcement actions against Digital Currency Group (DCG) and its...

The Hong Kong Monetary Authority (HKMA) recently announced a new collaboration with Banco Central do Brasil (BCB) to further advance cross-border tokenization initiatives. This partnership aims to explore payment and delivery systems for trade...

As crypto giant Tether faces increased scrutiny, CEO Paolo Ardoino shared with CoinDesk that the company is committed to complying with international sanctions and working closely with law enforcement. However, he acknowledged that Tether...

The Satoshi Action Fund is pushing for state-level protections for Bitcoin custody, drawing inspiration from the success of the cannabis industry in navigating federal regulations. The goal is to create "safe haven" states for...

The future of stablecoins looks promising, according to Circle CEO Jeremy Allaire. He predicts that stablecoins could capture 5%-10% of the global money supply over the next decade. This growth could lead to the...

SEC Commissioners Debate on the Necessity of Securities Laws for NFTsIn a recent case involving the Flyfish Club non-fungible token (NFT) collection, SEC Commissioners Hester M. Peirce and Mark T. Uyeda have sparked a...

France has taken a significant step in the world of cryptocurrency by launching the MiCA application process, making it the first major European Union economy to do so. The French markets regulator, Autorité des...