Global
Global: UK updates on new Open Banking entity
UK authorities have published an update on plans for a successor to the Open Banking Implementation Entity (OBIE). Following an order by the ...
Global
Global: SEC Rejects Grayscale ETF as Hong Kong Debuts See Gains
The Securities and Exchange Commission has reaffirmed its decision to reject Grayscale’s application for a Bitcoin exchange-traded fund (ETF). The federal regulator reiterated that it ...
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Global: Incoming UK FCA Chair Ashley Alder Hammers Crypto Industry
The incoming head of the UK’s Financial Conduct Authority (FCA) has issued a violent broadside against the wider crypto industry. Potentially setting the ...
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Global: European Banks Pay for Anti-Money Laundering Failures
A string of fines is shining a light on anti-money laundering failures at European banks. First, the U.K.’s Financial Conduct Authority (FCA) slapped ...
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Kenya: Meta Sued for US$1.6n for Fuelling Ethiopia’s Ethnic Violence
Meta must reform its business practices to ensure Facebook’s algorithms do not amplify hatred and fuel ethnic conflict, Amnesty International said in the ...
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Global: Senate FTX hearing: calls for regulation and crypto criticisms aplenty
“Short of enacting draconian authoritarian policies, cryptocurrency cannot be stopped,” said Senator Pat T United States lawmakers with the Senate Banking Committee had ...
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Global: Google Requests Dismissal of Justice Dept. Antitrust Suit
Google has asked a federal court to throw out an antitrust lawsuit. The request addressed the U.S. Justice Department’s suit filed in 2020 ...
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Global: U.S. lawmakers unveil bipartisan bid to ban China’s TikTok
Republican Senator Marco Rubio on Tuesday announced bipartisan legislation to ban China’s popular social media app TikTok, ratcheting up pressure on owner ByteDance ...
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Global: SEC, CFTC and SDNY attorney’s office charge FTX’s Sam Bankman-Fried with defrauding investors
The U.S. Securities and Exchange Commission (SEC) has officially charged disgraced FTX founder Sam Bankman-Fried (aka SBF) with defrauding investors, it revealed on ...
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Global: Crypto Payments App MoonPay Gains UK Regulator Registration
Cryptocurrency payments app MoonPay secured registration with the U.K.’s Financial Conduct Authority (FCA), signifying compliance with local money laundering rules. The company, which ...