Topic: Cryptocurrency

Covington advising as OCC approves Paxos charter

Blockchain platform Paxos is set to be the first crypto firm to hold both national and state bank charters in the US, after the Office of the Comptroller of the Currency granted its charter application preliminary conditional approval in the face of industry backlash.

27 April 2021

“Britcoin?” UK unveils CBDC taskforce

The United Kingdom has moved a step closer to developing a digital version of its currency.

19 April 2021

EU and Russia push forward on CBDC plans, amid pushback

Central banks in Russia and the European Union have both moved forward on their ambitions for digital versions of their currencies, as private sector voices increasingly raise concerns about the potential impact of CBDCs on financial stability.

16 April 2021

Former Japan FSA commissioner joins crypto exchange

Japan’s former top financial regulatory official is set to advise cryptocurrency exchange DeCurret after departing Japan’s Financial Services Agency last year.

29 March 2021

Bitcoin Suisse bank licence bid blocked over AML weaknesses

Switzerland’s banking regulator has told crypto broker Bitcoin Suisse its application for a banking licence is “ineligible for approval”, after it uncovered weaknesses in its money laundering defence mechanisms.

18 March 2021

Former OCC head Brooks joins blockchain startup

The United States’ former acting Comptroller of the Currency has joined the board of a blockchain credit startup, as the identity of his successor remains unknown.

17 March 2021

Treasury fintech review urges unified UK regulatory strategy

UK practitioners have welcomed proposals recommending a new regulatory framework for the fintech sector.

02 March 2021

Nigerian regulators deny split on crypto policy

Nigeria’s securities regulator has put on hold its recently-unveiled plans for a new regulatory framework for crypto-assets, after the central bank published a blanket ban on their use.

22 February 2021

India prepares “private” cryptocurrency ban

India’s parliament is considering a proposal that would prohibit “private” cryptocurrencies, despite industry participants complaining there has been “no clear communication” on what falls under the definition.

09 February 2021

ESMA should regulate crypto, AMF chair says

The chair of France’s principal financial regulator has called on the European Securities and Markets Authority to take charge of the regulation of crypto-assets under forthcoming EU legislation regulating the sector.

09 February 2021

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