Tag: Regulatory compliance
HKMA Collaborates with Brazilian Central Bank for Cross-Border Tokenization Test
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...
The Impact of US Government Regulation on Tether: Insights from Paolo Ardoino
As crypto giant Tether faces increased scrutiny, CEO Paolo Ardoino shared with CoinDesk that the company is committed to complying with international sanctions and...
Creating Safe Havens for Bitcoin Custody: Satoshi Action Fund Aims to Replicate Success of...
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...
The Future of Stablecoins: Allaire Predicts Trillion-Dollar Expansion in 10 Years
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...
Are Securities Laws Necessary for NFTs? SEC Commissioners Debate in Flyfish Case
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...
France Launches MiCA Application Process, Leading EU’s Largest Economies
France has taken a significant step in the world of cryptocurrency by launching the MiCA application process, making it the first major European Union...
Silvergate Bank Successfully Resolves Federal Reserve Enforcement Action
Silvergate Bank has successfully resolved a Federal Reserve enforcement action after undergoing liquidation to protect its depositors. The action, which began in May 2023,...
Coinbase UK Fined $4.5 Million for Customer Breaches – CoinJournal
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...
Reassessing SEC’s Allegations Against Binance for Third-Party Tokens
Last week, the U.S. Securities and Exchange Commission (SEC) case against Binance was discussed in a hearing before a federal judge. Binance, Binance.US, and...
Fusing Digital Assets with Mainstream Services: Taiwan Mobile’s VASP License Bid
Taiwan Mobile, one of the major telecom operators in Taiwan, has taken a significant step in the crypto regulatory landscape by applying for a...
Gary Gensler Will Step Down as SEC Chair When Trump Assumes...
Gary Gensler, the Chair of the U.S. Securities and Exchange Commission, has announced that he will be leaving the agency completely on the day...
