by Александр Пирогов | Jul 17, 2023 | Blog News
South Korea’s Financial Services Commission (FSC) proposed a new bill on 11 July, requiring all firms that issue or hold crypto to disclose their holdings. The new rules, which are expected to come into effect on 1 January 2024, aim to increase transparency in crypto...
by Александр Пирогов | Jul 17, 2023 | Blog News
Following Ripple Labs’ partial victory over the US Securities and Exchange Commission (SEC) on 13 July, Ripple (XRO) has ascended to become the fourth largest cryptocurrency by market capitalisation. The District Court for the Southern District of New York ruled that...
by Александр Пирогов | Jul 17, 2023 | Blog News
The Reserve Bank of India (RBI) is encouraging more lenders to participate in the pilot programs of its central bank digital currency, the e-rupee. The pilot program, which began last year, covered both the wholesale and retail markets. Some large state-owned and...
by Александр Пирогов | Jul 17, 2023 | Blog News
Japan’s second-largest lender, Sumitomo Mitsui Financial Group, has entered the US consumer banking market with a new digital banking service. The digital banking arm has been established under Manufacturers Bank, a California state-chartered wholly owned by Sumitomo...
by Александр Пирогов | Jul 17, 2023 | Blog News
Crypto crime has seen a substantial decrease of 65% in the first half of 2023 compared to the same period last year, according to the latest data from blockchain analytics company Chainalysis. However, the figure does not account for transactions linked to entities...
by Александр Пирогов | Jul 12, 2023 | Blog News
The Virtual Assets Regulatory Authority (VARA) of Dubai has reportedly suspended the licence of crypto exchange BitOasis, citing unmet mandated conditions within the prescribed timeframes. BitOasis had been granted a conditional minimum viable product (MVP)...
Switzerland FINMA Extends Transitional Period for Exchange of Collateral in OTC Derivatives Transactions
Switzerland FINMA Chair Highlights AI’s Expanding Role in Financial Supervision at Paris AMF–AEFR Conference
United States SEC Postpones Crypto Task Force Roundtable on Financial Surveillance and Privacy
United States SEC Commissioner Hester Peirce Calls for Principles-Based Crypto Custody Rules at Singapore Digital Assets Summit
US SEC’s Caroline Crenshaw Criticises No-Action Relief Allowing State Trust Companies to Custody Crypto Assets