Cyprus Watchdog Cracks Down on Sloppy AML Reporting, Warns of Sanctions financemagnates.com 07 August 2024 09:29, UTC Cyprus Securities and Exchange Commission (CySEC) has identified several areas where regulated entities, including local investment firms and crypto services providers need to improve their anti-money laundering and counter-terrorist financing (AML/CFT) reporting practices. Cyprus Regulated Firms Need…
FCA Identifies Compliance Issues in Crypto Firms: Failures in Financial Promotions financemagnates.com + 1 more 07 August 2024 10:25, UTC The Financial Conduct Authority (FCA) has recently conducted an assessment of cryptocurrency firms to ensure their compliance with new financial promotion rules aimed at improving consumer understanding of crypto investment risks. These rules, which…
Coinbase’s Paul Grewal Says Crypto Should Remain Non-Partisan coindesk.com 07 August 2024 10:28, UTC Grewal is inspired by Asia’s quick embrace of crypto regulations, but remains optimistic about the U.S. If crypto policy is going to succeed in the U.S. it needs to be a bi-partisan issue, bringing together both sides of the aisle,…
California county to regulate Bitcoin ATMs backed by state laws cointelegraph.com 07 August 2024 09:51, UTC cointelegraph.com
Dutch finance ministry rejects AFM’s funding boost for crypto oversight: report crypto.news 29 July 2024 12:01, UTC The Dutch finance ministry has denied requests for additional funding to monitor the crypto sector amid new European regulations. The Dutch finance ministry has rejected multiple requests for additional funding from the local financial regulator to enhance…
Crypto in Nigeria: A Rollercoaster of Regulation, Arrests, and P2P Boom coinedition.com 29 July 2024 12:25, UTC Nigeria, Africa’s largest crypto market south of the Sahara, is experiencing a dramatic shift in its cryptocurrency landscape. Recent regulatory actions and high-profile cases, such as the arrest of Binance’s Head of Financial Compliance, Tigran Gambaryan, underscore…
Ex-SEC Reveals New SEC Leadership Impact On Ripple Case, Crypto Lawsuits coingape.com 29 July 2024 10:48, UTC Marc Fagel, a former SEC lawyer, recently shed light on how shifts in Securities and Exchange Commission’s leadership may impact ongoing crypto lawsuits, including the high-profile Ripple case. His comments came in response to inquiries about whether…
