The USDC issuer Circle is accused of having connections with Justin Sun and conducting illicit transactions, The European Banking Authority has proposed new Travel rule guidelines and Brazil’s new taxation plans for crypto. The highlight of the past week.
The US SEC sues Kraken and Bittrex’s shutdown, Canada's new guidelines for bank and insurance sector crypto-asset exposure and The Australian Taxation Office’s guidance on the tax treatment of DeFi transactions. The highlight of the past week.
The US Department of Justice and partners has announced unprecedented measures against cryptocurrency exchange Binance, which led to the resignation of the exchange’s CEO Changpeng Zhao.
The Abu Dhabi’s ADGM introduces the world’s first DLT Foundation Regime for DAOs, the Hong Kong’s SFC updates the AML/CFT checklist for VASPs and Turkey’s plans to establish the comprehensive legal framework next year. The highlight of the past week.
The newly introduced «Keep Your Coins Act» in the USA, The Bank of England’s proposals for regulating payment stablecoins and the UAE government’s guidelines on combating the use of unlicensed virtual asset service providers. The highlight of the past week.
Sam Bankman-Fried found guilty on all counts against him, The UK Treasury published a new consultation paper on the future financial services regulatory regime for cryptoassets and Hong Kong revealed new regulations for asset tokenization. The highlight of the past week.
Canada is one of the countries with a long-established legal regime for cryptocurrencies and cryptocurrency exchanges. However, new requirements and changes are constantly emerging, and regulation is getting stricter. In this article, we will explore the current state of cryptocurrency regulation in Canada.
The main provisions of the UK’s Economic Crime and Corporate Transparency Act, US lawmakers call for Department of Justice to investigate Binance and Taiwan’s new crypto legal framework proposal. The highlight of the past week.
Some reasons for this week’s rally in the cryptocurrency market, the next step in the development of the EU’s CBDC and China’s Report on the Financial Work of the State Council. The highlight of the past week.
The ESMA’s new report providing methodology to better understand DeFi, Hong Kong suspends retail stablecoin trading in the city and Cyprus amendments to island’s crypto regulation regime. The highlight of the past week.
The ESMA’s second consultation paper on the Markets in Crypto-Assets Regulation, the new Canadian guidelines on stablecoins and the new approach of the BIS on disclosure requirements for banks’ crypto holdings. The highlight of the past week.
The EU has long been competing with the US to attract the world's leading cryptocurrency companies and seems to be winning. In the U.S., despite many attempts, still no transparent crypto regulation has been created, and attacks by local regulators on crypto firms are forcing them to look for a new place to operate. A brief overview of the recent status of crypto regulation in America and Europe.