Regulatory
Global: U.S. Warns Crypto Companies: Act Against Illicit Finance or Face Isolation
Deputy Treasury Secretary Wally Adeyemo issued a stark warning to cryptocurrency companies, stating that the U.S. government will sever their ties with the ...
Regulatory
Global: Bitcoin Group Enhances Controls in Response to Regulatory Concerns
Germany’s Bitcoin Group announced on Wednesday that it is taking decisive steps to strengthen its internal control system, following an order from the ...
Regulatory
Global: Australia to Overhaul Laws to Regulate Digital Payments, Including Apple and Google Pay
Australia’s government announced on Monday its intention to introduce legislation that would place digital payment services such as Apple Pay, Google Pay, and ...
Regulatory
Global: Philippines’ SEC Initiates Measures to Restrict Access to Binance, World’s Largest Crypto Exchange
The Philippines’ Securities and Exchange Commission (SEC) has commenced the process of blocking access to Binance, the world’s largest cryptocurrency exchange. The move ...
Regulatory
Global: UK Regulator Raises Concerns Over Adobe’s $20 Billion Figma Acquisition, Citing Potential Innovation Harm
The United Kingdom’s Competition and Markets Authority (CMA) has expressed provisional concerns about Adobe’s planned $20 billion acquisition of collaboration software firm Figma. ...
Regulatory
Global: FCA Implements Rules to Combat Greenwashing
The Financial Conduct Authority (FCA) is taking decisive action against greenwashing by introducing sustainability disclosure requirements and an investment labels regime. Originally proposed ...
Regulatory
Global: UK’s Paymentsense Secures Irish E-Money Licence for Expansion
Paymentsense, based in the UK, is set to enter the Irish market under the trading name Dojo following the acquisition of an e-money ...
Regulatory
Global Financial Stability Board Calls for Further Scrutiny of Crypto Safeguards
In response to potential threats to financial stability posed by complex crypto firms, such as the FTX incident last year, the global Financial ...
Regulatory
Global: Spanish Citizens Must Declare Foreign Crypto Holdings by End of March 2024
Spanish residents holding crypto assets on non-Spanish platforms are required to declare them by March 31, 2024, under new taxation laws for virtual ...
Regulatory
Global: FCA Seeks Feedback on Data Asymmetry Between Big Tech and FS Firms
The UK’s Financial Conduct Authority (FCA) is soliciting industry evidence to determine whether the data asymmetry between Big Tech companies and financial services ...
