Tag: Regulatory compliance

news-29102024-050529

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...
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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...
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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...
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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...
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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...
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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...
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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,...
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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...
news-19072024-081905

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...
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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...
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Tether Plans to Launch AI Platform in Q1 2025, Reveals CEO...

Tether CEO Paolo Ardoino Teases AI Platform Targeting Early 2025 DebutTether, the renowned crypto company behind the $140 billion USDT stablecoin, is set to...