The rules, which take effect at the end of the year, have yet to spur increased euro-based transactions in crypto markets.
Financial Stability Study Calls for Consistent Regulatory Response to Stablecoins
Countries have varying definitions and categorizations for stablecoins that may pose a risk to financial stability, the report by the Financial Stability Institute said.
Nigeria Court Adjourns Hearings for Binance, Execs’ Tax Evasion Cases: Reports
The local tax watchdog last month filed charges in an Abuja court against Binance and the two executives who were detained in the country.
UK Regulators Publish Draft Guidance on Digital Securities Sandbox Open to DLT
The DSS will last five years and could lead to a new regulatory regime for securities settlement.
Central Bank Group Starts Tokenization Project to Enhance Monetary System
The project will investigate the integration of tokenized commercial bank deposits with central bank money using smart contracts and programmability, the Bank for International Settlements said.
Binance Says Compliance Chief Detained in Nigeria Has No Decision-Making Power at Firm
Tigran Gambaryan should not be held responsible in ongoing talks with Nigerian government officials, Binance said in a statement, as he and the exchange face tax evasion charges.
Dutch Prosecutors Seek 64-Month Jail Sentence for Tornado Cash Dev Alexey Pertsev
The judge will deliver the verdict on May 14, the court said.
UK Ad Rules Apply to Influencers, Crypto Memes, Regulator Confirms in New Guidance
“The use of memes in promotions is particularly prevalent in the crypto-asset sector,” the FCA’s guidance said.
UK Govt-Backed Report Urges Firms to Execute Tokenization Strategies
The Technology Working Group’s report says firms need to be able to settle transfers on the blockchain via digital money and that funds should be allowed to hold tokenized assets.
London Stock Exchange Will Start Market for Bitcoin and Ether ETNs May 28
The stock exchange will accept applications for trading bitcoin and ether crypto exchange traded notes from April 8.
CommEX, Owner of Binance’s Former Russian Ops, to Close Down
Crypto exchange Binance sold the entirety of its Russian business to CommEX in September last year following compliance concerns.
Crypto Exchange OKX to End Services in India
Indian customers will have to withdraw their funds by April 30.
Crypto Exchange OKX to End Services in India
Indian customers will have to withdraw their funds by April 30.
UK Regulator FCA Plans to Deliver a Market Abuse Regime for Crypto This Year
The U.K. has been refining it approach to regulating the crypto sector.
What Happens Next in COPA vs Craig Wright Trial is Down to the Judge
The Crypto Open Patent Alliance is seeking several court injunctions from Wright.
Hong Kong Regulator Says Crypto Exchange MEXC Has Been Operating Without a License
Last year, regulators in Japan and Germany also alerted consumers the exchange was unlicensed.
Craig Wright Is Not Satoshi, Didn’t Author Bitcoin Whitepaper, Judge Rules
COPA took Craig Wright to court last month to secure such a ruling that he wasn’t the pseudonymous creator of the world’s largest digital asset in an effort to prevent him from suing other developers or claiming intellectual property rights over the technology.
Craig Wright’s Counsel Hits Back at COPA’s Fraud Allegations in Closing Argument
Anthony Grabiner, Wright’s attorney, hit back at COPA’s argument that private signing sessions Wright hosted to prove he was the Bitcoin founder had been subverted, saying that no proof had been presented.
South Africa Is Poised to License 60 Crypto Firms by Month End: Bloomberg
Crypto companies that wanted to continue operating in the country had to apply for a license with the Financial Sector Conduct Authority from June 1.
NFT Providers May Need Registration to Comply With UK Money Laundering Rules
The U.K. started a consultation on its money laundering rules on Monday.