
UAE mandates VASP licenses for crypto firms, begins accepting applications
Firms operating within Dubai's financial free zones are exempt from having to apply for a VASP license for now.
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Governor Michelle Bowman said that policymakers need to ensure that a CBDC will complement the U.S. banking system and won't "cannibalize" it.

Kraken said the approval shows that it adheres to strict anti-money laundering and terrorism financing rules.

The House Committee on Financial Services has sent a scathing letter to SEC Chair Gary Gensler, accusing him of having a hypocritical stance on digital asset regulation.

Coinbase gives nine recommendations to "turbocharge" technological and financial innovation in the UK.

The proposed new crypto regulations are expected to provide greater clarity for firms operating in the space.

Experts expect Gary Gensler to be questioned over his comments by the U.S. House Committee on Financial Services.



