2024-12-6 16:11 |
The financial watchdog said discussions are ongoing, despite local reports claiming otherwise.
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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…
2024-10-16 14:20 | |
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Binance is set to resume its cryptocurrency operations in India, according to the latest regulatory news around the world’s largest crypto exchange by trade volume. On Friday, an official of the Financial Intelligence Unit (FIU) said that the anti-money laundering watchdog had approved both Binance and KuCoin to offer services in the country. The two […]
2024-5-11 15:04 | |
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The European Securities and Markets Authority (ESMA) warned that crypto markets are highly concentrated on April 10. ESMA said concentration is a concern because a single asset or exchange failure could broadly impact the crypto ecosystem.
2024-4-11 00:24 | |
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The Anti-Money Laundering Authority is part of a broader effort by the European Union to combat illicit fund flows, and is ready to begin work as early as Friday, officials said Thursday.
2024-2-24 22:58 | |
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The Financial Conduct Authority said firms approving ads need to take their regulatory obligations seriously.
2024-2-16 13:54 | |
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Three consultations on relevant rules will run until Feb. 8, 2024, the European Banking Authority has said.
2023-11-8 16:09 | |
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Tokenization of assets could be the answer to the risky complexities of settling the movement of funds and securities, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency.
2023-11-8 19:53 | |
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In a Nov. 6 speech, Republican SEC Commissioner Mark Uyeda said the watchdog needs to reassess its approach to the crypto industry. According to Uyeda, regulatory clarity is the need of the hour, and the SEC has the power to establish it.
2023-11-7 22:30 | |
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The U. S. Government Accountability Office posted a complaint about a cryptocurrency-related bulletin from the country’s main securities regulator on Oct. 31. The accountability office said that the U.
2023-11-1 01:56 | |
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Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.
2023-11-1 15:56 | |
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The U.S. watchdog for derivatives markets should create a limited pilot program for regulating cryptocurrencies, said Caroline Pham, one of the members of the Commodity Futures Trading Commission (CFTC).
2023-9-8 20:45 | |
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French data protection agency CNIL said it finds the legality of Worldcoin’s collection methods “questionable” alongside the conditions for storing the data.
2023-7-28 16:58 | |
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The UK's data watchdog said it will investigate Worldcoin after the WLD airdrop yesterday. The post UK Data Regulator Probes Worldcoin After British Citizens Sign Up appeared first on BeInCrypto.
2023-7-25 16:30 | |
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The global anti-money laundering watchdog FATF said North Korea is using digital assets to fund weapons of mass destruction
2023-6-23 18:02 | |
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U.K.'s Financial Conduct Authority said Binance's local unit is no longer authorized to provide any regulated services in the country.
2023-6-20 16:06 | |
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Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement.
2023-6-17 18:54 | |
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A spokesperson for Binance, which faces a U.S. SEC allegations that include operating an unregistered exchange, said the Nigerian company is not affiliated with the firm.
2023-6-12 15:19 | |
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The European Systemic Risk Board (ESRB) said the crypto sector does not pose any systemic risks to the real economy for now as its current links to the traditional financial sector are not “significant.
2023-5-25 21:20 | |
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Risks from smart contracts, high leverage and crypto staking and lending may imply a need for new regulations, the European Systemic Risk Board said
2023-5-25 12:24 | |
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The Financial Action Task Force has said it does "not require countries to indiscriminately ban virtual assets and virtual asset service providers," after Pakistan's Minister of State for Finance and Revenue said crypto cannot be legalized due to conditions set by the watchdog.
2023-5-24 11:12 | |
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The FCA’s actions followed similar operations in East London and Leeds, where the regulator said it had issued warnings or cease-and-desist requests to suspected ATM operators.
2023-5-6 19:35 | |
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As it stands, there’s no way for people to know which crypto firms they can rely on, said Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), in a speech Monday.
2023-3-7 23:10 | |
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U.S. banks have been cooling off on their crypto interest since this year’s twin eruptions of Terra/LUNA and FTX, said Michael Hsu, the acting chief of the Office of the Comptroller of the Currency (OCC).
2022-12-9 21:00 | |
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The Monetary Authority of Singapore (MAS) said it placed Binance on its Investor Alert List (IAL) and not the bankrupt FTX because the former is actively looking for users in the country, while the latter is not, according to a November 21 statement.
2022-11-22 16:20 | |
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A federal United States government organization said crypto markets pose a threat to broader financial stability if they continue growing without more thoughtful oversight and enforcement. The post US consumer protection watchdog warns crypto could pose risk to financial stability appeared first on CryptoSlate.
2022-10-5 12:45 | |
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The ASA said the Gale twins could not post the crypto ads “in the form complained about” again, but did not bar them from promoting digital assets in future advertisements.
2022-9-8 23:36 | |
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The head of the country's Financial Services Commission said 13 bills related to virtual assets are to be debated in parliament, a local news outlet reported.
2022-8-11 13:55 | |
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“In the past, innovative firms would have been pleading for less regulation — now they understand and appreciate that rules are there to help provide certainty," said Nikhil Rathi.
2022-7-15 22:15 | |
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Ashley Alder said the FCA would help “chart the U.K.’s post-Brexit future as a global financial centre, which continues to support innovation and competition."
2022-7-9 18:46 | |
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Michael Hsu, chief of the Office of the Comptroller of the Currency (OCC), said the recent fireworks in the crypto industry have further cemented his resistance to allowing lenders unfettered exposure to the digital assets markets.
2022-6-24 22:30 | |
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The chief executive of one of Kenya’s biggest lenders has said that crypto could become part of the mobile money ecosystem if the country's watchdog decides to give it the green light. The post Crypto Could Be Akin to Mobile Money With Regulator’s Go Ahead, Says Kenyan Banker appeared first on BeInCrypto.
2022-5-19 22:30 | |
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Stablecoins should have the same kind of standard-setting initiative previously seen in setting up common web practices in the early days of the internet, said Acting U.S. Comptroller of the Currency Michael Hsu.
2022-4-27 17:44 | |
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Acting Comptroller of the Currency Michael Hsu said he's concerned about the variability and lack of interoperability across stablecoins as his agency and other U.S. regulators try to come to terms with oversight.
2022-4-8 18:29 | |
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"We could be exposed to reputational risks brought by DT service providers created in Singapore, and which provide services relating to virtual assets," said Alvin Tan.
2022-4-5 18:37 | |
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Fintech firms could soon face the kind of caps on lending that banks face when markets like housing overheat, the European Systemic Risk Board said.
2022-4-1 12:11 | |
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The FCA said it had opened more than 300 cases into unregistered crypto firms in the last six months, "many of which may be scams."
2022-3-4 20:00 | |
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"It is key that the scope of the new EU authority explicitly includes crypto-assets," said Luis Garicano, a member of the European Parliament.
2022-2-24 00:56 | |
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The United Kingdom's Advertising Standards Authority has said that the English football club Arsenal has broken advertising rules. The violations have to do with a post on the club’s official website and Meta page.
2021-12-22 13:16 | |
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Because DeFi tokens offer some kind of return, the watchdog needs to have oversight on them, said the Chair, as “the public is not as protected as it could be.” The post Gary Gensler Says SEC is “Going to Use the Enforcement Tool” If Crypto Firms Do Not Register first appeared on BitcoinExchangeGuide.
2021-12-2 17:07 | |
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Australia’s corporate watchdog ASIC Chair meanwhile is working with lawmakers to develop rules for crypto, which he said is “driven by extraordinary consumer and investor demand. ” The post Australia’s .
2021-11-22 18:09 | |
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The United Kingdom Gambling Commission, the country’s premier gambling watchdog, has launched an investigation into cards trading platform Sorare, said a notification released Monday. The commission alleged Sorare offered and operated an unregistered gambling platform targeted towards UK citizens.
2021-10-12 16:00 | |
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Britain's Financial Conduct Authority (FCA) said Monday that creating a regulatory regime for the cryptocurrency industry will take careful thought. Britain’s finance ministry already had a public consultation as to whether some crypto-asset promotions need regulation.
2021-9-6 17:01 | |
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U. K monetary watchdog, the Financial Conduct Authority (FCA), said Binance “is not capable of being effectively supervised. ” Adding that, within the context of offering complex and high-risk financial products, this poses a significant risk to consumers.
2021-8-27 16:00 | |
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The market watchdog of Italy is the latest in a string of global regulators to move against Binance as it said on Thursday that the leading cryptocurrency exchange is not authorized to carry out activities in the country.
2021-7-17 17:19 | |
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The Financial Action Task Force (FATF) released a report called “Ethnically or Racially Motivated Terrorism Financing” that talks about the use of cryptocurrencies by terrorists to move funds. The global anti-money laundering watchdog said few countries had designated extreme right-wing groups (ERW) or individuals as terrorists who appear to be becoming more adept at disguising […] The post Extreme Right-Wing Groups Using Virtual Assets and Stablecoins to Move Funds: FATF Report first appeared on BitcoinExchangeGuide.
2021-7-2 19:45 | |
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The chairman of Italy’s financial regulator has raised concerns over the cryptocurrency market without proper regulation. “Without proper oversight there could be a worsening in market transparency, the basis of legality and rational choice for (market) operators,” he said.
2021-6-16 05:00 | |
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Italy's Companies and Exchange Commission President Paolo Savona is urging the government for clear regulation as the lack of it can damage the way the market operates, he said. Like other officials, Savona is also calling for more regulation, arguing cryptocurrencies could facilitate illegal activity such as tax evasion, money laundering, and the financing of […] The post The Head of Italy’s Stock Market Watchdog Concerned About ‘Savings,’ Calls for ‘Proper Oversight’ of Crypto first appeared on BitcoinExchangeGuide.
2021-6-14 17:39 | |
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The firm said clearing the regulatory hurdle had the potential to drive more institutional investors towards crypto custody solutions.
2021-5-14 13:00 | |
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Diem Association, a group backed by Facebook, has disclosed its intentions to move operations from Switzerland to the United States. The group, which has been trying to secure a payment system license with Swiss bank watchdog, FINMA, said it has abandoned that plan and withdrawn its application.
2021-5-13 17:45 | |
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