On Thursday, European Parliament and the Council of the European Union finalized a rule package designed to enhance the EU’s toolkit to fight money laundering, terrorist financing, and sanctions evasion. The deal will next move to formal…
Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, has praised bipartisan efforts in the U.S. House of Representatives to curtail the Securities and Exchange Commission (SEC) ‘s overreach in cryptocurrency regulation.On Wednesday, the…
The Biden administration said on May 8 that it would veto H.J. Res. 109, which intends to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121).The administration said it “strongly opposes” the resolution as the change will…
House representatives are gearing up for a vote on two major bills of cryptocurrency legislation. The Financial Innovation and Technology (FIT) for the 21st Century Act and an anti-Central Bank Digital Currency (CBDC) bill, sponsored by…
The U.K. government plans to apply its upcoming crypto rules to all firms, without exception, a decision lawyers say could drive international companies out of the market.Industry stakeholders have called for the government – which has…
Companies like enterprise software maker MicroStrategy, electric auto manufacturer Tesla, and payments processor Block will get to capture the highs and lows of their cryptocurrency holdings under new accounting rules published…
A prominent entrepreneur and investor, Robert Kiyosaki, said a crypto crash has begun and will be severe. While noting that crashes are the best time to get rich, Kiyosaki advised investors not to get greedy. He outlined some…
Authorities from China have decided to amend the country’s Anti-Money Laundering (AML) regulations to include cryptocurrency-related transactions.
In 2021, China imposed a comprehensive ban on cryptocurrency use, prohibiting…
The Federal Government may consider the suspension of the $56.7bn peer-to-peer cryptocurrency market after a crucial meeting between the Securities and Exchange Commission, and digital asset operators scheduled…
Digital bank Revolut has said it plans to suspend some of its crypto services from its U.K. business clients in response to incoming new rules from the country's regulator, a person familiar with the matter told CoinDesk on Monday.The…
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