regulation - page 27

Crypto Outflows Surge Amid SEC Crackdown
News

Crypto Outflows Surge Amid SEC Crackdown

Institutional investors are massively withdrawing crypto funds as the SEC targets more and more aspects of the crypto industry in the US, making it harder for crypto trading platforms to provide custody, minting and staking services

The Bank of Zambia Works on Crypto Regulation
Finance & Economics

The Bank of Zambia Works on Crypto Regulation

The Bank of Zambia along with the national Security Exchange Commission is testing technology to enable the regulation of cryptocurrency in the country

SEC Proposes Tougher Rules for Crypto Custodians
Blockchain & Crypto

SEC Proposes Tougher Rules for Crypto Custodians

US Securities and Exchange Commission proposed amendments to the “2009 Custody Rule” that will apply to custodians of “all assets” including cryptocurrencies

New York Regulators Crackdown on Binance
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.

DBS Bank to Offer Crypto Trading in Hong Kong
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

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

Dubai Releases Crypto Regulations for Virtual Asset Services Providers
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.

Australia Introduces Classification for Crypto Assets
Blockchain & Crypto

Australia Introduces Classification for Crypto Assets

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

Indonesia Delays Launch of National “Crypto Stock” Exchange
News

Indonesia Delays Launch of National “Crypto Stock” Exchange

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

Montenegro to Create CBDC with Ripple
News

Montenegro to Create CBDC with Ripple

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

RegTech Konsentus Launches in Saudi Arabia
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

ISDA Addresses Crypto Risks
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

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

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.

Binance Is Now Fully Compliant With Polish Crypto Regulations
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

Over 1% of Binance Tokens Just got Burned
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.

Binance Launches Institutional Trading Platform
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.