Switzerland regulator warns of rising crypto money laundering risks

Switzerland’s Financial Market Supervisory Authority (FINMA) has raised concerns about increasing money laundering risks in the crypto sector. The warning, detailed in FINMA’s 2024 Risk Monitor report, highlights the growing misuse of digital assets like cryptocurrencies and stablecoins for illicit activities. дальше »

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Switzerland’s FINMA warns of money laundering risks with crypto

Switzerland’s Financial Market Supervisory Authority has warned about the risks of money laundering associated with cryptocurrencies. In its 2024 Risk Monitor report,  the regulator noted that cryptocurrencies, including stablecoins, are increasingly used for cyberattacks, payments for illegal dark web activities,… дальше »

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Taiwan’s Financial Authority Pledges To Address Crypto Tax Evasion Within Three Months

Amid the market’s bullish run, Taiwanese financial authorities vowed to review tax regulations to tackle the country’s crypto tax evasion issue. However, local reports noted the regulators might face difficulties implementing an effective digital assets-related tax framework. дальше »

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Can a Strategic Bitcoin Reserve Move Forward Without Congress? Experts Disagree

It’s unclear whether the U.S. government has the authority to use seized bitcoin to constitute a strategic reserve. дальше »

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Only Congress Can Ban Election Betting, Kalshi Tells Appeals Court in New Filing

The U.S. Commodity Futures Trading Commission (CFTC) may not like election betting, but only Congress — not the regulator — has the authority to ban it, embattled prediction market purveyor Kalshi argued in a Friday court filing. дальше »

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Crypto Milestone: Spot Bitcoin ETF Options Get CFTC’s Stamp Of Approval

Spot Bitcoin ETFs hurdle its biggest legal roadblock to date after the US Commodity Futures Trading Commission (CFTC) clarified that it’s no longer taking a role in clearing BTC ETF options. In a staff advisory dated November 15th, the CFTC, through its Division of Clearing and Risk, announced that it was transferring the approving authority […] дальше »

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Hong Kong’s HKMA warns against overseas crypto firms posing as banks

The Hong Kong Monetary Authority cautions the public on overseas crypto firms falsely claiming to be banks, urging caution as such claims may violate local banking laws. Hong Kong‘s financial regulator, the Hong Kong Monetary Authority, warning against overseas crypto… дальше »

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Copper to Offer Custody Services for Tokenized Money Market Funds Such as BlackRock's BUIDL

The crypto custodian's clients can use money market fund tokens as collateral in derivatives trades after the company received approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi. дальше »

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Crypto exchange Bitget returns to UK with compliance-focused strategy

Cryptocurrency exchange Bitget has resumed its services in the United Kingdom after a six-month suspension, marking a return in line with the UK’s Financial Promotions Regime. Bitget’s renewed presence follows its May decision to halt onboarding new users due to updated regulations from the Financial Conduct Authority (FCA). дальше »

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Deutsche central bank joins Singapore’s Project Guardian to advance tokenization, digital funds

The German central bank (Deutsche Bundesbank) has joined Project Guardian, a Singapore-led initiative pushing to reshape global capital markets through asset tokenization. The Monetary Authority of Singapore (MAS) launched Project Guardian in 2022 to unite financial heavyweights and policymakers worldwide. дальше »

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Deutsche Bundesbank joins Singapore’s Project Guardian to boost asset tokenization

Germany’s Deutsche Bundesbank has joined Project Guardian, a collaborative initiative by the Monetary Authority of Singapore, to advance asset tokenization. Deutsche Bundesbank, the central bank of Germany, has joined Singapore‘s Project Guardian, an initiative between policymakers and the financial industry… дальше »

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France considering Polymarket ban after local trader makes $80 million on Trump win

France’s gambling regulator, the National Gaming Authority (ANJ), is expected to block access to Polymarket, a major cryptocurrency-based prediction platform, local news outlet the Big Whale reported. дальше »

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Poland puts Crypto.com’s operator on warning list

The Polish Financial Supervision Authority has added four new entities to the public warning list, including operator of Crypto. com. Editor’s note: this article has been updated to include a statement from Crypto. дальше »

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Chainlink, UBS Asset Management, Swift Complete Pilot to Extract Cash From Tokenized Funds

The pilot was run as part of the Monetary Authority of Singapore's Project Guardian. дальше »

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Singapore Sling – The Tech City Is Tokenizing

Singapore is accelerating its efforts to integrate tokenization into its financial services sector, with the Monetary Authority of Singapore (MAS) spearheading initiatives to establish a robust ecosystem for tokenized assets. дальше »

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Singapore advances asset tokenization with new MAS frameworks

The Monetary Authority of Singapore is pulling together the projects and participants needed for the next step in its asset tokenization trials.  дальше »

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How Singapore’s tokenization push could reshape fixed income and FX markets

The Monetary Authority of Singapore (MAS) is rolling out a series of measures to advance tokenization across the financial sector, targeting enhanced market infrastructure and industry-wide adoption. дальше »

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Gemini secures regulatory approval in Singapore amid Asia expansion plans

Crypto exchange Gemini said it has received in-principle approval from the Monetary Authority of Singapore (MAS) to provide cross-border money transfer and digital payment token services, according to an Oct. дальше »

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Winklevoss’ crypto exchange Gemini secures in-principal approval from Singapore’s MAS

Gemini has received in-principle approval from Singapore’s Monetary Authority for a major payment institution license, marking a key step in its APAC expansion. Cryptocurrency exchange Gemini, founded by Tyler and Cameron Winklevoss, announced it has received in-principle approval from Singapore‘s… дальше »

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HKMA partners up with Brazilian central bank to test cross-border tokenization

The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization initiatives, joining their respective digital currency infrastructures to conduct experimental transactions under Project Ensemble and Brazil’s Drex pilot program. дальше »

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HKMA Project Ensemble partners with Brazil, Thailand for tokenization

The Hong Kong Monetary Authority launched Project Ensemble in March and now has at least three countries participating. 

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HKMA teams up with Thailand, Brazil central banks on cross-border tokenization pilots

Hong Kong Monetary Authority has partnered with the Bank of Thailand and Banco Central do Brasil to advance cross-border tokenization projects under collaborative initiatives. Hong Kong‘s financial watchdog, the Hong Kong Monetary Authority, has partnered with the central banks of… дальше »

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FINRA says rules still apply in the metaverse

The Financial Industry Regulatory Authority says brokers and dealers are increasingly experimenting in the metaverse.

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A truly decentralized system would decentralize authority — Cardano exec

Cardano Foundation chief technology officer Giorgio Zinetti told Cointelegraph that centralized authority is good for speed, but decentralized governance would give long-term sustainability.  дальше »

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UK Regulator Justifies Tough Crypto Crackdown Amid Industry Pushback

The UK financial regulatory agency sticks to its decision to continue implementing stringent rules in the registration process of businesses involved in cryptocurrencies. The Financial Conduct Authority (FCA) asserted that UK’s tough regulations on crypto firms serve as a deterrence to prevent these companies from becoming conduits for any money laundering activities. Related Reading: Crypto […] дальше »

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FCA doubles down on hawkish crypto stance to fight money laundering

The FCA is defending its stringent crypto firm registration process despite concerns that the approach may hinder innovation. The U.K. Financial Conduct Authority is reaffirming its commitment to a rigorous registration process for crypto businesses, addressing concerns that these tough… дальше »

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EU markets regulator demands enhanced cybersecurity audits for crypto firms: report

The EU’s markets watchdog is reportedly set to call for mandatory external audits of crypto companies’ cyber defenses to enhance consumer protection amid rising security breaches. The European Securities and Markets Authority is said to be gearing up to advocate… дальше »

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Dubai's VARA Has Struck Correct Balance in Licensing Time Frame, Says Senior Official

Dubai’s Virtual Assets Regulatory Authority believes it has struck the correct balance in terms of time taken to award licenses to crypto-related applicants, its senior official Sean McHugh told CoinDesk in an interview on Tuesday, disputing any perception of being a friendlier-than-usual crypto regulator. дальше »

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SEC Commissioner says agency’s approach to crypto has been a “disaster for the whole industry”

SEC Commissioner Mark Uyeda said the agency hasn’t provided guidance on securities laws His comments come as Crypto.com sues the SEC for overreaching its regulatory authority over crypto after receiving a Wells notice A US Securities and Exchange Commission (SEC) commissioner has said that the agency’s approach to crypto has been a “disaster for the […] The post SEC Commissioner says agency’s approach to crypto has been a “disaster for the whole industry” appeared first on CoinJournal. дальше »

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Bitnomial sues SEC over continued claim that XRP is a security

Crypto derivatives exchange Bitnomial has sued the United States Securities and Exchange Commission over the agency’s attempt to “overextend its jurisdiction” to crypto derivatives. In the lawsuit filed on October 10, Bitnomial accused the SEC of trying to claim regulatory authority over the crypto exchange’s planned offering of XRP Futures contract. Bitnomial says SEC claimed […] дальше »

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Bitnomial files lawsuit against SEC, challenges its claim that XRP futures are securities

The lawsuit could set a precedent for how crypto derivatives are regulated, potentially reshaping the SEC's authority over digital assets. The post Bitnomial files lawsuit against SEC, challenges its claim that XRP futures are securities appeared first on Crypto Briefing. дальше »

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Dubai's VARA Fines, Issues Cease-and-Desist Orders Against 7 Crypto Entities

Dubai's Virtual Assets Regulatory Authority (VARA) issued cease-and-desist orders and accompanying fines to seven entities for operating without the required licenses and breaching marketing regulations. дальше »

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Paxos expands yield-bearing stablecoin USDL to Arbitrum

Paxos International has launched its yield-bearing stablecoin Lift Dollar on Ethereum layer-2 network Arbitrum. The UAE-based subsidiary of Paxos, regulated by Abu Dhabi’s Financial Services Regulatory Authority, announced the expansion of Lift Dollar (USDL) to Arbitrum (ARB) on Oct. 9.… дальше »

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Crypto.com sues the US SEC after Wells notice

com has sued the SEC for overreaching its regulatory authority over crypto. The lawsuit challenges SEC rules categorizing most crypto transactions as securities. com seeks clarity on crypto derivatives through a petition with the CFTC. дальше »

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Archax partners with Assetera to offer tokenized funds across EU

Archax, a digital securities exchange and real-world assets firm regulated by the United Kingdom’s Financial Conduct Authority and tokenized securities platform Assetera, have announced a major strategic partnership on tokenization of real-world assets. дальше »

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Dogecoin Erases 6-Month Downtrend as Whales Go on a Buying Spree after Amassing DOGE Worth a Whopping $140 Million

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EU regulator urged to unify crypto rules for ETFs amid fractured regional laws

21Shares, a crypto investment firm, has called on the European Securities and Markets Authority (ESMA) to establish standardized regulations for incorporating crypto into UCITS (Undertakings for Collective Investment in Transferable Securities) funds, according to an Oct. дальше »

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Is UAE setting the stage for a crypto revolution with VAT exemption?

The United Arab Emirates (UAE) has made a significant move in the evolving world of cryptocurrencies by introducing VAT exemptions for virtual asset transactions. On October 2, 2024, the UAE’s Federal Tax Authority (FTA) announced changes under Cabinet Decision No. дальше »

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Crypto ETP giant 21Shares urges European regulator to bring regulatory clarity

21Shares has urged the European Securities and Markets Authority to create a “much-needed clarity” for retail and institutional crypto investors across Europe. Crypto investment firm 21Shares is pressing the European Securities and Markets Authority to establish clearer guidelines for including… дальше »

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UAE Exempts Crypto Transactions From Value Added Tax

The United Arab Emirates has exempted crypto transactions from value-added tax (VAT), according to an amendment in the law made by the Federal Tax Authority. дальше »

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Kraken launches Bermuda-based crypto derivatives venue 

Kraken has expanded its offshore with a new derivatives trading venue in Bermuda, licensed by the Bermuda Monetary Authority. Kraken, a major global cryptocurrency exchange, has launched a new derivatives trading platform in Bermuda after securing a digital asset business… дальше »

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UK believes trial to embrace digital securities can protect ‘market integrity’

The UK’s Financial Conduct Authority (FCA) and the Bank of England have officially launched the next phase of their Digital Securities Sandbox (DSS), enabling firms to explore distributed ledger technology (DLT) and tokenized securities within traditional financial markets. дальше »

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Ripple secures in-principle approval to expand services in the UAE

Ripple announced the in-principle license from the Dubai Financial Services Authority (DFSA) on Tuesday, Oct. 1. DFSA’s approval could see Ripple unlock its end-to-end payment services in the UAE as well as boost overall Middle East presence. дальше »

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Ripple secures in-principle approval to expand services in UAE

Ripple has received in-principle approval from the Dubai Financial Services Authority to enhance its cross-border payment solutions in the Middle East. Ripple is expanding its international presence by securing in-principle approval from the Dubai Financial Services Authority to broaden its… дальше »

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Australia’s ANZ joins Project Guardian on tokenized assets

Australia’s ANZ Bank is partnering with the Monetary Authority of Singapore, Chainlink Labs, and ADDX to explore tokenized assets and blockchain interoperability. ANZ Bank, one of Australia’s “Big Four” banks, has become the first Australian bank to join Project Guardian,… дальше »

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Australian lender ANZ partners with Chainlink to explore RWA tokenization

Australia’s second-largest bank, ANZ, has partnered with Chainlink Labs and ADDX to explore tokenized real-world assets, according to a Sept. 30 statement shared with CryptoSlate. The move is part of ANZ’s involvement in the Monetary Authority of Singapore’s (MAS) Project Guardian, which aims to enhance access to tokenized assets in the financial sector. дальше »

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Hong Kong crafts crypto OTC derivative rules in accordance with European standards

Hong Kong financial regulators set requirements for crypto over-the-counter derivatives following the European Securities and Markets Authority standards, including the use of Digital Token Identifiers. дальше »

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UAE introduces strict crypto marketing guidelines to curb risks

Dubai’s Virtual Assets Regulatory Authority (VARA) announced updated marketing guidelines for firms promoting virtual assets, marking a significant step toward strengthening investor protection in the UAE. дальше »

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Dubai regulators enforce new rule that mandates crypto marketers add risk disclaimer

United Arab Emirates’s Virtual Assets Regulatory Authority new rule will require crypto firms to add a disclaimer, warning potential customers about the risks that come with investing in digital assets. дальше »

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Binance Says It Helped India's Enforcement Directorate Trace $47.6M Related to a Gaming Scam

Binance, the world's largest cryptocurrency exchange, has helped India's Enforcement Directorate (ED), the authority investigating financial crimes, in the arrest of four individuals in a gaming scam worth $47.6 million, the exchange said on Wednesday. дальше »

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