2023-4-30 05:05 |
Representative Patrick McHenry suggested the hearings will look to add to the regulatory efforts being done on the bipartisan bill led by Senators Cynthia Lummis and Kirsten Gillibrand. origin »
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Binance will stop providing services to European Union clients from July 1 after failing to secure a licence under the bloc’s new MiCA crypto rules. The development created fresh uncertainty for users of the world’s largest digital-asset exchange.
The Bank of England on Monday published its final policy statement and draft Code of Practice for systemic stablecoin issuers, easing some of the proposals it had put forward for industry consultation last year and setting out a clearer path for the development of regulated stablecoins in the UK.
Binance, the world's largest cryptocurrency exchange, is facing a major regulatory challenge in Europe. Its application for a license under the European Union's new crypto framework is reportedly set to be rejected, potentially preventing the company from continuing to serve clients across the bloc after June.
Crypto exchange Binance announced on Monday that it has launched stock and exchange-traded fund trading for customers on its platform, marking a significant expansion beyond digital assets and into traditional financial markets.
The US Commodity Futures Trading Commission on Wednesday asked a judge to vacate a $5 million penalty imposed on cryptocurrency exchange Gemini Trust Company, saying the agency should never have brought the case.
The Bank of England said on Tuesday it is reconsidering strict holding limits on stablecoins and may instead introduce temporary guardrails on issuance, as regulators prepare to release draft rules for the sector next month.
Polish lawmakers adopted a bill on Friday regulating cryptocurrencies, as scrutiny surrounding the collapse of the country’s largest crypto exchange intensified and political disagreements over oversight of the sector continued.