Canada’s financial watchdog is proposing changes to its capital and liquidity approach to crypto assets, according to an announcement on July 26. According to the Office of the Superintendent of Financial Institutions (OSFI), the proposed […]
The digital ruble bill was passed by the lower and upper parliaments before the president signed it into law. Russia is following in the footsteps of its neighbour, China, which is way ahead with its […]
Celsius was one of the top lenders in the crypto ecosystem during the bull market in 2021. At its peak, it served 1.7 million customers and managed $25 billion in assets. All that came crashing […]
US Judge Analisa Torres referred Ripple vs. SEC case to Magistrate Judge Sarah Netburn. Last week’s ruling was that XRP was not a security. The Ripple vs. SEC case continues but Judge Netburn has suggested […]
Bankrupted crypto lender Celsius Network reached two settlements that allows it to return assets to customers and end its bankruptcy proceedings, according to court filings on July 20. The settlements will be analyzed by Judge […]
The Crypto Council for Innovation says the new AML bill provides no workable framework for illicit finance in DeFi. According to the crypto alliance, the bill’s proposals go “in the opposite direction” to what the […]
The United Kingdom’s Financial Conduct Authority (FCA) has announced the launch of its Digital Sandbox, aimed at supporting tech firms in the early stages of product development. In a July 20 announcement, the FCA said […]
Key takeaways Coinbase CEO wants clearer crypto regulation in the US Coinbase Inc. Chief Executive Officer Brian Armstrong is set to meet with House Democrats behind closed doors Wednesday morning. This is according to a Bloomberg […]
The European Union has been vocal about its place in the rapidly expanding ecosystem of emerging technologies. It has been a leader in establishing clear crypto regulations with its long-awaited Markets in Crypto-Assets (MiCA) framework signed […]
The FSB recommends that authorities ensure adequate disclosures from crypto asset issuers and providers. Segregation of funds to protect clients and measures to ensure no conflict of interest are also highlighted. The watchdog also recommends […]
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