UAE’s Central Bank Issues Guidance Regarding AML/CFT for Crypto

Reading Time: < 1 minute The Central Bank of the UAE (CBUAE) announced this morning new guidance in order to address the money laundering and combat the financing of terrorism (AML and CFT) measures for crypto businesses.

Ark Invest: US Will Lose its Leadership Due to Tough Crypto Regulation

Reading Time: < 1 minute The United States could lose its status as a technological leader in the years ahead, due to its stringent approach towards the cryptocurrency market.

Binance Wants UK to Adopt a Soft Crypto Regulation

Reading Time: < 1 minute The head of Binance’s strategic development division has expressed hope that the United Kingdom would take a more liberal approach to the blockchain industry.

New York Attorney General Demands More Power to Regulate the Crypto Sector

Reading Time: < 1 minute New York State Attorney General Letitia James has proposed a bill which would grant her office sweeping powers to regulate the cryptocurrency industry.

The UK’s FCA Wants to Cooperate with Crypto Companies to Develop Regulatory Framework

Reading Time: < 1 minute Sarah Pritchard, Executive Director of the Financial Conduct Authority (FCA), has spoken of the need for cooperation between crypto companies and the regulator in creating an effective regulatory framework for the industry.

Coinbase Urges SEC to Designate a Position on Crypto Regulation

Reading Time: < 1 minute Coinbase lawyers have filed a lawsuit demanding the commission answer the questions posed.

UK to Pass Law on Crypto Market Before End of Year

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The UK Treasury is aiming to have the law on the regulation of cryptocurrencies passed by the end of 2023.

SEC Chairman: Existing Rules Can Already Regulate Crypto

Reading Time: < 1 minute Gary Gensler has said that existing securities laws “cover most of the activity that’s happening in the crypto markets.”

G7 Intends to Tighten Regulation of Crypto Sector

Reading Time: < 1 minute G7 countries will discuss the regulation of the blockchain industry at the upcoming G7 summit in May in Hiroshima.