regulation - page 19

News

New York Regulators Crackdown on Binance

The company’s complaints to the New York regulator were followed by Paxos being ordered to cease minting Binance BUSD stablecoin.

Finance & Economics

DBS Bank to Offer Crypto Trading in Hong Kong

One of the largest financial institutions in Southeast Asia, DBS Bank is planning to expand its crypto trading services to Hong Kong as soon as it gets the necessary license

News

KPMG: ESG Tops Regulatory Demands in Finance While UK & EU Rules Diverge

KPMG’s Regulatory Barometer showed that financial service firms in the UK and the EU remained under significant pressure to comply with diverging ESG requirements over the last 6 months

Blockchain & Crypto

Dubai Releases Crypto Regulations for Virtual Asset Services Providers

Dubai mandates licensing for crypto services providers with new regulatory requirements by the VARA.

Blockchain & Crypto

Australia Introduces Classification for Crypto Assets

Australia’s national regulators have identified four major products in the crypto sector.

News

Indonesia Delays Launch of National “Crypto Stock” Exchange

Indonesian government delays launch of the controversial “crypto stock” exchange until risks are properly mitigated.

News

Montenegro to Create CBDC with Ripple

The southeastern European country has partnered with Ripple to develop its own CBDC.

Fintech & Ecommerce

RegTech Konsentus Launches in Saudi Arabia

Open Ecosystem RegTech provider, Konsentus, launches in its first MENA regional market – Saudi Arabia – to offer open data infrastructure and technology services to regulators and FS providers

Blockchain & Crypto

ISDA Addresses Crypto Risks

The International Swaps and Derivatives Association (ISDA) is working on two papers to inform crypto market participants of legal risks pertinent to the cryptocurrency market and offer guidance

Blockchain & Crypto

Swiss Bank Cité Gestion Becomes First Private Bank to Tokenize Its Own Shares

The private bank has partnered with digital assets platform Taurus to issue and manage its tokenized shares.

News

Binance Is Now Fully Compliant With Polish Crypto Regulations

Binance branch in Poland is now fully compliant with local regulatory standards for virtual asset service providers

Finance & Economics

Over 1% of Binance Tokens Just got Burned

BNB Chain has burned over $500 million worth of its native BNB tokens during its 22nd scheduled burn, the first quarterly burn of 2023.

Blockchain & Crypto

Binance Launches Institutional Trading Platform

Almost a year after the service was officially rolled out, Binance finally launched its institutional trading collateral custody platform.

Blockchain & Crypto

Thai SEC Introduces Crypto Custody Requirements

The Securities and Exchange Commission (SEC) of Thailand wants to protect Thai crypto investors with the new rules obliging virtual asset service providers to improve their risk management policies

Blockchain & Crypto

EU Postpones MiCA Crypto Regulation Vote to April

EU lawmakers have re-scheduled their vote on landmark crypto regulation bill MiCA to April 2023. Its key provisions cover transparency, disclosure, authorisation and supervision of crypto transactions

News

Updates On Case Deciding the Future of Crypto

The long-running lawsuit between Ripple and SEC sees interesting updates. Despite not having a set date ruling, the case is receiving increasing attention from multiple parties on both sides. The potential outcome in the event that Ripple loses to SEC may be disastrously damaging to cryptocurrency as a whole. Ripple, a payment protocol using blockchain […]