In brief The country’s Senate Economics committee has recommended the bill proceed, saying it would modernize digital-asset oversight and close gaps in consumer protection. The framework would classify digital-asset platforms and tokenized custody services …
Tag:
Regulatory
“`html The UK’s cryptocurrency market stands at a pivotal moment. After years of operating in a regulatory grey zone, digital assets are about to enter the mainstream financial system through a comprehensive oversight framework. …
Bithumb, South Korea’s second-largest crypto exchange, is closing its USDT market and order-book-sharing with Australia’s Stellar Exchange after only two months, amid regulators’ scrutiny of anti-money laundering controls. The shutdown took effect at 11:00 …
During D.C. Fintech Week in Washington, D.C. this past week, I moderated a conversation about how decentralized finance (DeFi) projects could be compliant with different regulations. You’re reading State of Crypto, a CoinDesk newsletter …
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FSB Warns of ‘Cascading Failures’ Due to Crypto Regulatory Arbitrage
by adminby adminIn brief The Financial Stability Board’s review of nearly 40 jurisdictions found “significant gaps and inconsistencies” in crypto regulations that threaten financial stability. A separate European Banking Authority report revealed crypto firms engaging in …
Ant Group, the financial technology giant backed by Alibaba, has registered a trademark for “Antcoin” in Hong Kong, signaling a renewed push into blockchain-based finance even as Chinese regulators step up pressure on crypto …
