Tag: Crypto Regulation
UK Treasury believes cryptoassets should follow same financial service rules
In the UK Treasury’s consultation into crypto regulation, the government revealed that cryptoassets should follow similar standards in which financial services follow.
Economic Secretary to...
EU’s MiCA bill vote delayed till April over ‘technical issues’
The European Union’s ground-breaking crypto regulatory bill, the Markets in Crypto Assets (MiCA), vote has been delayed until April.
A source close to the bill...
ECB Exec: ‘Unbacked cryptos a vehicle for gambling’
Fabio Panetta, Executive Board Member of the European Central Bank (ECB), has likened crypto trading and investment as a ‘vehicle for gambling’.
The ECB exec...
Coinbase agrees $100m settlement over compliance issues
Coinbase has agreed to pay a £50m settlement and a further $50m to improve its compliance management systems after the New York State Department...
Brazil officially regulates crypto after President sign off
Jair Bolsonaro, President of Brazil, has officially signed off a bill that will allow the regulated trade of cryptocurrencies within the country.
The Brazilian President...
Coinbase receives regulatory clearance in Ireland
Crypto exchange Coinbase has been approved by the Central Bank of Ireland to operate as a Virtual Asset Service Provider (VASP) within the country.
Coinbase...
UK Treasury finalising crypto regulation plans
The UK Treasury is moving closer to defined crypto legislation as the country is finalising “sweeping rules” to regulate the country’s crypto industry, according...
Crypto regulation calls intensify from Bank of England after FTX collapse
Bank of England Deputy Governor, Sir Jon Cunliffe, has called for the introduction of regulatory guidelines surrounding crypto to avoid another collapse similar to...
UK lawmakers look to ‘seize opportunities’ with new stablecoin regulations
UK lawmakers in the House of Commons have agreed upon a new set of rules surrounding stablecoins, as the UK advances on Prime Minister...
House of Commons votes to recognise crypto as a regulated financial...
UK lawmakers have voted in favour of including cryptocurrencies to be regulated as a financial instrument within its Financial Services and Markets Bill.
The vote...