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Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism

Basel Committee Gives Permissioned Stablecoins ‘Preferential Treatment’ in Amended Crypto Asset Standard Amidst Heavy Criticism

The Basel Committee, responsible for setting standards for bank regulation, has revised its crypto asset standard, introducing new considerations t...
Jul, 19, 2024
by Bitcoin News
New York Tightens Customer Service Regulations for Crypto Companies

New York Tightens Customer Service Regulations for Crypto Companies

The New York State Department of Financial Services (DFS) has introduced new guidance mandating regulated cryptocurrency entities to implement cust...
May, 31, 2024
by Bitcoin News
Effects of FinCEN convertible virtual currency mixing seen first in UAE

Effects of FinCEN convertible virtual currency mixing seen first in UAE

At the onslaught of the Israel Gaza war, the eyes of the world turned to Hamas and it’s financing. On October 19th FinCEN (U.S Department of the Tr...
Nov, 07, 2023
11 min read
by CryptoPolitan
Virtual assets included in UAE terrorist financing and proliferation red flag list guidance

Virtual assets included in UAE terrorist financing and proliferation red flag list guidance

In September 2023, the UAE Executive office for Control and Nonproliferation published a guidance providing consolidated list of terrorist financin...
Sep, 08, 2023
3 min read
by CryptoPolitan
Fed Starts New Program to Oversee Crypto Activity in U.S. Banks

Fed Starts New Program to Oversee Crypto Activity in U.S. Banks

The U.S. Federal Reserve is starting a new program for overseeing banks’ crypto activity, and it further clarified its requirement that the lenders...
Aug, 08, 2023
by CoinDesk