US Senate Endorses Blockchain for National Security Testing
The US Senate Committee on Armed Services has instructed to investigate possible blockchain applications for supply chain management and other national security uses.
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Taiwan Mobile Obtains VASP License, Enters Crypto Market
Local media state that the nation's FSC has granted a VASP license to Taiwan Mobile, the nation's second-largest telecommunications carrier.
Taiwan Central Bank Takes Cautious Approach to CBDC Launch
Yang Chin-long stated that the central bank is more concerned with steady growth than rapid advancement and that the creation of a CBDC is not a competition.
CoinCodeCap WeekInFocus: July 7, 2024
WeekInFocus is your ally in plugging in the gaps in the news you might have missed during the course of the previous week. Beyond that, it serves as a catalyst for your professional and personal development by introducing you to new ideas and exciting job opportunities. Join us in accepting both what is occurring and what is conceivable.
EU Travel Rule Compliance Required for Crypto Exchanges in 6 Months
The EBA announced the expansion of Travel Rules rules to include crypto service providers and their intermediaries, a major step in strengthening AML procedures.
Coinbase Intensifies Battle for Access to Gensler’s Private Emails
In its ongoing legal dispute with the banking regulator, US crypto firm Coinbase has persisted in requesting access to Gary Gensler's private correspondence.
Judge Rules 2 Obscure Altcoins as Commodities in $120M Ponzi Scheme
In a crypto Ponzi case, an Illinois district court judge declared two lesser-known altcoins commodities, siding with the CFTC.
Basel Committee Establishes Final Rules on Bank Crypto Exposure
During its July 2-3 meeting, the Basel Committee decided on policies, including disclosing banks' exposure to crypto.
Paxos and DBS Secure Approval for Singapore Stablecoin Launch
The MAS has granted full regulatory certification for Paxos International's blockchain and tokenization platform.
Tether Partners with Turkey to Promote Crypto Freedom
Through a partnership with a Turkish crypto company, Tether is expanding its footprint in the country and advancing industry knowledge.