Belarus Intends To Crackdown On P2P Crypto Transactions
Ministry claims that P2P crypto services have become a preferred avenue for fraudsters to convert stolen funds.
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Latest firstReserve Bank of New Zealand to Increase Monitoring of Stablecoins and Crypto Assets
New Zealand's central bank, the Reserve Bank of New Zealand (RBNZ), has announced that it will increase its monitoring of stablecoins and crypto assets in response to uncertainties
Italy’s Central Bank calls for robust framework to regulate stablecoins
The report highlights instances that have raised concerns about the stability of stablecoins, such as the de-pegging of Terra's stablecoin and a notable run on Tether.
Japan and Singapore Team Up for Crypto Pilot Project and Regulation
The MAS and the FSA established a collaboration for the combined regulation and pilot testing of cryptocurrency projects.
UK Law Commission Calls for Tailored Framework for Crypto Collateral; Recognition of Crypto Assets as Property
The Commission noted that current options for using crypto as collateral were deemed inadequate, prompting the call for a bespoke statutory legal framework that would provide clearer guidelines.
Fed Governor Warns of Regulatory Void for Institutions in Digital Assets Sector
In a recent speech at the Salzburg Global Seminar, Federal Reserve Bowman emphasized the need for global regulators to address the supervision of emerging banking activities, specifically highlighting banking as a service and digital assets.
Japan Aims for Crypto Expansion with Revised Margin Trading Rules
To increase market liquidity and draw in a variety of traders, revised margin trading caps are being pushed.
UK Financial Market Bill to Be Signed into Law Soon
The comprehensive bill spans 335 pages and is a robust financial services and markets framework to fortify the UK's economic systems in the post-European Union era.
Brazil signs new law Appointing Central Bank and Securities Commission as Crypto Market Watchdogs
Under the decree, the Securities Commission will exercise control over assets classified as securities, while the Central Bank will establish the rules and regulations that crypto exchanges must adhere to
Senator Cynthia Lummis Advances Crypto-Friendly Regulation Amidst SEC Lawsuits
Senator Cynthia Lummis, together with Senator Kirsten Gillibrand, is leading a bipartisan campaign to enact comprehensive cryptocurrency laws. The anticipated bill aims to provide legal clarity, reduce regulatory ambiguity, and promote responsible participation.