Stay informed on crypto regulation news, agency actions, global rules, compliance changes, and enforcement across major markets.
Despite accounting for a minor portion of the total financial flows involved in money laundering, the burgeoning sector of virtual assets raises significant regulatory, compliance, and enforcement questions.
the BIS calls for a concerted effort among global regulators, central banks, and policymakers to craft regulations that not only foster innovation but also protect users and maintain the integrity of digital transactions.
The updated filing also introduces the possibility of ETH staking.
U.S. Secretary Treasury Janet Yellen commented on crypto legislation today.
Michael Sonnenshein commented on currently pending applications.
Under the new regulations, any alteration in the representative or executive positions within crypto businesses must be reported and approved before assuming the new role.
Hong Kong has licensed only two crypto trading platforms for traders in its region.
CFTC involvement could extend the approval process.
George Osborne will advise Coinbase going forward and is optimistic about blockchain usage in finance.
