Category: Regulation

FCA will ‘absolutely’ consider recent stablecoin depegging when drafting crypto rules: Report

FCA will ‘absolutely’ consider recent stablecoin depegging when drafting crypto rules: Report

The United Kingdom’s Economic and Finance Ministry announced in April that it would work to incorporate stablecoins into a regulatory framework on digital assets. 719 Total views 5 Total shares Sarah Pritchard, the executive director of markets at the United Kingdom’s Financial Conduct Authority, or FCA, reportedly said the regulator will look at the recent […]

Continue Reading

US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions

US federal judge approves of Justice Dept criminal complaint on using crypto to evade sanctions

An unnamed individual allegedly sent more than $10 million in Bitcoin to an exchange in a country for which the U.S. currently imposes sanctions. 2523 Total views 18 Total shares The United States Department of Justice may move forward on a criminal prosecution case against a United States citizen who allegedly violated sanctions through cryptocurrency. […]

Continue Reading

SEC’s Hester Peirce says new stablecoin regs need to allow room for failure

SEC’s Hester Peirce says new stablecoin regs need to allow room for failure

The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure. 1877 Total views 5 Total shares Commissioner Hester Peirce — also known as the United States Securities and Exchange Commission’s (SEC) “crypto mom” — has backed a regulatory framework for stablecoins […]

Continue Reading

Environmental groups urge US government to take action on crypto miners

Environmental groups urge US government to take action on crypto miners

Among the proposals, the group of eight organizations requested the Environmental Protection Agency subject PoW mining firms to “stringent reviews” around operating permits. 1698 Total views 51 Total shares A group of eight organizations focused on the environment have called on different government agencies under the Biden administration to implement new approaches in response to […]

Continue Reading

France’s financial authority approves Binance’s registration as digital asset service provider

France’s financial authority approves Binance’s registration as digital asset service provider

Binance said it would “significantly scale” its operations in France following the registration approval, and planned to expand its team “to pursue further infrastructure development.” 1090 Total views 50 Total shares The Autorité des Marchés Financiers (AMF), France’s authority responsible for regulating the financial market, has granted Binance’s registration to provide crypto-related services in the […]

Continue Reading