Topic: Blockchain

France to host Binance Europe

Binance, labelled by the UK’s Financial Conduct Authority as “not capable” of being effectively supervised, will settle its European operations in Paris after securing approval from France’s Financial Markets Authority.

05 May 2022

SEC nearly doubles crypto enforcement unit

The US securities regulator is set to turn its cyber unit into a newly reinforced crypto and cyber unit, as the CFTC, CFPB, OCC and FDIC all make overtures to regulating the space.

05 May 2022

“Slow the pace of growth”: IMF calls for regulatory parity for neobanks and decentralised finance to combat liquidity risks

The International Monetary Fund has warned about emerging risks and urged regulators to reinforce the rules regarding fintech development.

14 April 2022

"Tech neutral" but "risk aware": Yellen outlines thoughts on crypto regulation

US Treasury Secretary Janet Yellen has called for “tech-neutral” regulation in the cryptocurrency space that acknowledges the associated risks, as the Federal Deposit Insurance Corporation calls on US banks to notify it when engaging in crypto-related activities.

11 April 2022

Abu Dhabi to launch “world's first” carbon credit trading exchange

The financial regulator of the Abu Dhabi Global Market will develop what it calls the "world's first" regulated carbon credit trading exchange and clearing house, as its EU and Hong Kong counterparts place renewed emphasis on carbon markets.

30 March 2022

Regulators must address gamification and social media, IOSCO says

The global securities regulators’ association has called for an expanded regulators’ “toolkit” for dealing with emerging issues including gamification, which it says an “overwhelming majority” of its members are struggling to deal with.

23 March 2022

EU lawmakers adopt fresh MiCA draft and reject proof-of-work ban

The European Parliament has voted to advance a cryptocurrency bill without a clause that would have banned proof-of-work mechanisms, and called for digital assets to be dealt with in the EU’s sustainable taxonomy.

21 March 2022

Paxos approved to provide crypto platform in Singapore

US fintech Paxos has obtained an in-principle approval from Singapore’s regulator to operate digital payments token services in the city-state, two years after obtaining a conditional bitlicence in New York.

14 March 2022

Dubai establishes world’s first dedicated crypto regulator

The Emirate of Dubai has announced a legal framework for virtual assets alongside a tailor-made regulator to oversee the sector.

10 March 2022

Binance operations in UK concerning, says FCA

The UK’s financial watchdog has said it has “limited powers” to object to a partnership that will see banned crypto firm Binance able to operate in the UK again.

23 February 2022

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