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Regulation
US prosecutors probing Binance over AML compliance since December 2020 – Reuters
U.S. prosecutors have been probing Binance’s anti-money laundering compliance, operations, and internal communications since December 2020, Reuters reported on Sep.…
FASB crypto accounting rules to exclude NFTs, some stablecoins – WSJ
The Financial Accounting Standards Board (FASB) will not include NFTs and some stablecoins in its crypto accounting review, The Wall Street Journal reported on Aug.…
Regulatory roadmap for a progressive crypto industry in the UAE
It is increasingly evident that the United Arab Emirates (UAE) is becoming an attractive hub for crypto players, both from a market growth perspective as well as…
US Congress sends 5 major crypto exchanges letter inquiring how they are combatting crypto…
Five prominent cryptocurrency exchanges in the U.S. received letters from Congress requesting information about their steps to combat crypto fraud.The inquiries are…
A divide has emerged in EU and UK crypto regulation
Matthew Elderfield is a former alternate chair of the European Banking AuthorityThe shape of EU and UK crypto regulation is now clearer than it was before. We…
Coinbase and Ripple could soon be regulated
The FTC on Thursday launched the notice of potential rule-making and began seeking comments on a long list of detailed questions, kicking off an effort to protect…
US Mixing Firm Sanctions Infringe on Privacy Laws, Say Crypto Firms
The Treasury Department is facing stiff opposition from the cryptocurrency industry after it imposed some sanctions on a firm, which is accused of funding North…
‘We need to learn what regulation works and what holds us back’ — Hedge fund exec By…
‘We need to learn what regulation works and what holds us back’ — Hedge fund execWith more institutions joining the Web3 space, regulation has been identified…
Crypto users call amended SEC whistleblower program rules hypocritical
SEC Chair Gary Gensler announced amendments to the rules governing the agency’s whistleblower program.However, due to recent actions — particularly in the SEC vs.…
Iran implements rules allowing businesses to use crypto for import trade transactions
The administration of Iran has passed a set of regulations on trade transactions with cryptocurrencies, according to Reza Fatemi Amin, minister of industry, mines,…
