Is the Ukraine war intensifying regulatory pressure on crypto firms?
Every day, people are seeing “live” why sanctions matter. “Everyone is starting to rethink the importance of compliance and crypto.” Go to Source Powered by WPeMatico
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UK financial watchdog is investigating 50 unauthorized crypto firms
The FCA said it had opened more than 300 cases into unregistered crypto firms in the last six months, “many of which may be scams.” Go to Source Powered by WPeMatico
Uphold becomes registered crypto-asset firm in UK post-FCA approval
A total of 200 crypto firms have applied for the U.K.’s “crypto license,” but tough requirements have forced many to withdraw their applications. Go to Source Powered by WPeMatico
BitPanda to provide crypto custody with the acquisition of FCA-approved Trustology
Bitpanda said Trustology acquisition would be the first step towards launching its prime brokerage service Bitpanda pro. Go to Source Powered by WPeMatico
Binance’s Paysafe deal worries UK financial watchdog
Binance lost access to the sterling payment network in July, however, the Paysafe partnership opened the gates to the restricted services. Go to Source Powered by WPeMatico
Clampdown on crypto ads: A one-off or a new phase of global regulation?
Intensified scrutiny of digital asset ads is a growing trend, but it’s not clear if it is inextricable from crypto regulation’s evolution. Go to Source Powered by WPeMatico
Law Decoded: When central banks seek public discussion, Jan. 17–24
As the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare. Go to Source Powered by WPeMatico
UK to Tighten Rules on Crypto Ads to Ensure They’re Fair, Clear, Not Misleading
The U.K. government has announced plans to impose new rules on cryptocurrency ads to ensure they are fair, clear, and not misleading to consumers. The rules will be enforced by the Financial Conduct Authority (FCA). UK to Impose New Rules on Crypto Ads The U.K. government announced Tuesday plans to impose new rules on cryptocurrency … Read more
UK Treasury wants to remove blockchain reference from crypto definition
The new set of crypto regulatory proposals in the U.K. aims to bring DeFi under the scope of the law on a case-to-case basis. Go to Source Powered by WPeMatico
Law Decoded: Looking ahead to 2022, Jan. 3–10
By all appearances, we are in for a busy year in crypto regulation and policymaking. Go to Source Powered by WPeMatico
