The Paypers

SEPTEMBER 18, 2023

Taiwan’s Crypto Association has engaged with El Salvador for guidance in establishing stronger crypto regulations.

Regulation 81

Regulation 81

PYMNTS

MARCH 5, 2020

Meanwhile, Trident Crypto Fund, which is based in Malta, has experienced a large data beach in the newest privacy leak to impact the digital currency industry, per a report from a Russian news outlet, CoinDesk reported. The watchdog claimed it has information that the exchange was dealing in regulated activities that needed its permission.

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PYMNTS

JANUARY 16, 2020

Across the pond, and on the Continent, the regulatory landscape is shifting for cryptos. The headline statement is that crypto firms have traditionally operated in a regulatory environment that might charitably be likened to the “Wild West.” The term “crypto asset” is also rather broad within the U.K. shut down late last year.

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Banking Exchange

JANUARY 6, 2023

Regulators have started 2023 with warnings surrounding investment in crypto for banks Risk Management Feature Feature3 Blockchain Bitcoin Cryptocurrency Digital Compliance Compliance/Regulatory.

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PYMNTS

OCTOBER 21, 2018

According to Reuters , the Paris-based global AML watchdog revealed that jurisdictions around the world will be required to license or regulate cryptocurrency exchanges, as well as select firms providing encrypted wallets and firms providing financial services for ICOs. Countries have attempted to rein in the market. Last year, the U.K.

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PYMNTS

JUNE 26, 2019

Two more financial regulators have warned that they won’t allow Facebook ’s planned cryptocurrency, Libra , to launch without looking at it closely. A wider use of new types of crypto assets for retail payment purposes would warrant close scrutiny by authorities to ensure that they are subject to high standards of regulation.”. “A

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PYMNTS

MARCH 9, 2020

We’ve encountered such cases before, but there was no legal regulation of the mechanism for seizing cryptocurrency,” he said, according to Cointelegraph. “I Paul Gosar of Arizona has put forward a bill that aims to associate a broad array of digital assets to the suitable regulator, Cointelegraph reported.

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PYMNTS

JANUARY 27, 2020

30), it will serve as detailed regulation for cryptocurrency firms — for activities ranging from digital payments to the trading of coins like bitcoin and ether. The Asia-Pacific region is home to 20 of the top 50 crypto exchanges. After the Payment Services Act goes into effect on Thursday (Jan.

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PYMNTS

OCTOBER 8, 2018

According to The Wall Street Journal , the federal derivatives-market regulator also handed out around $900 million in penalties, higher than the amount in five of the eight years of the Obama administration. Total fines ordered through SEC enforcement activity fell 7.2 percent in 2017 to about $3.8

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PYMNTS

NOVEMBER 7, 2018

Blockchain , the crypto wallet provider, plans to have an airdrop worth $125 million, Fortune reported. With the rules, regulators are requiring Swiss banks to “[assign] a flat risk weight of 800 percent to cover market and credit risks, regardless of whether the positions are held in the banking or trading book.”

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Payments Dive

FEBRUARY 13, 2023

The Fed governor highlighted the benefits of smart contracts, as well as the potential for tokenization as a privacy tool, in a speech Friday.

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PYMNTS

JULY 16, 2019

France’s financial regulator is set to approve a wave of cryptocurrency-related firms in the country, subjecting them to new rules that include paying taxes and complying with capital requirements and consumer protections, according to a report by Reuters. Because digital currency is so new, regulations vary around the world.

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The Paypers

JUNE 30, 2023

The EU has reached an agreement on changes to the Capital Requirements Regulation and Directive, including new regulations for crypto assets.

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Bobsguide

MAY 31, 2019

The International Organization of Securities Commissions (Iosco)’s attempt to harmonize crypto regulation will have no immediate impact, as national regulators are still failing to understand jurisdictional governance, says a lawyer. While the CEO of a crypto exchange says the lack of adoption.

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PYMNTS

MAY 22, 2020

Charles Hoskinson, founder of IOHK , which makes Cardano, said in a recent Cointelgraph interview that the crypto-native chip is being created at the IOHK lab at the University of Wyoming. Albania’s Parliament has signed a comprehensive law to regulate the conditions for licensing all activity of cryptocurrency in the country.

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Perficient

JUNE 30, 2022

Members of Perficient’s Digital Asset Team have advised followers in multiple online articles about the digital asset revolution and relevant regulations affecting the same in the United States. Highlights From Federal Bank Regulators’ Joint Statement on Cryptocurrency Assets – Perficient Blogs. Crypto Conference.

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Perficient

NOVEMBER 30, 2021

Recognizing that regulated and non-regulated financial institutions seek to engage in cryptocurrency and crypto asset activities, the three largest federal bank regulators, the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, recently issued a joint statement on crypto assets.

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PYMNTS

JULY 16, 2018

Cryptocurrencies such as bitcoin and ether don’t pose much of a risk to global financial stability at the current time, but that isn’t stopping global regulators from creating a framework to monitor risk from cryptocurrency. The move on the part of global regulators comes as the Securities and Exchange Commission in the U.S.

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The Paypers

JULY 27, 2023

Canada’s financial regulator has proposed new capital and liquidity requirements for bank and insurer crypto-asset exposure.

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The Paypers

OCTOBER 7, 2022

The European Union has agreed on the legal text for licensed crypto firms, by passing the landmark Markets in Crypto Asset regulation (MiCA).

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PYMNTS

JUNE 24, 2019

The FATF has also said crypto companies and exchanges will be registered and will be required to report suspicious transactions, and to perform checks on customers. This means Libra is likely to see more scrutiny from regulators as the project takes shape and eventually launches. Beyond Cryptocurrencies.

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PYMNTS

APRIL 2, 2019

According to a USAJobs listing, the SEC is seeking an “Attorney Adviser” to serve as a “Crypto Specialist.” The listing notes that the specialist should apply his or her knowledge of “federal securities laws to digital asset securities and crypto matters.” Monero, on the other hand, rose by as much as 10 percent.

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PYMNTS

SEPTEMBER 28, 2018

In an effort to get more clarity on the regulation of digital currencies, U.S. The lawmakers are looking for the official to lay out how the agency plans to regulate digital currency in clearer terms, CNBC reported. representatives wrote to U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton.

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BankInovation

OCTOBER 29, 2021

Maybe, just maybe, the rationales for banking regulation don’t apply to cryptocurrency.

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The Paypers

FEBRUARY 1, 2023

The UK government has revealed its plans to fully regulate crypto asset activities as part of the UK’s efforts to become a global crypto hub.

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Regulation 41

PYMNTS

NOVEMBER 18, 2018

Japan’s Financial Services Agency (FSA) had a plan for crypto wallet service regulation on its meeting agenda for a recent gathering of its crypto study group, bitcoin.com reported. Instead, these providers transfer and manage digital currencies.

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The Paypers

FEBRUARY 1, 2023

The Hong Kong Monetary Authority has revealed its intentions to introduce new regulations on crypto assets and stablecoins.

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Regulation 69

Perficient

SEPTEMBER 16, 2022

Additionally, the Supervisory Letter states that Board-supervised banking organizations should notify the Board prior to engaging in crypto-asset-related activities. Additionally, the Supervisory Letter states that Board-supervised banking organizations should notify the Board prior to engaging in crypto-asset-related activities.

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PYMNTS

JANUARY 10, 2020

Deribit , a popular global cryptocurrency options exchange, is moving to Panama in February to sidestep the Netherlands’ upcoming regulation changes on the industry, according to Bloomberg. Know Your Customer is literally the foundation of regulated financial services.”.

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PYMNTS

FEBRUARY 14, 2018

government determines its best approach to cryptocurrency regulation, a commissioner with the Commodity Futures Trading Commission (CFTC) is advising crypto companies to self-regulate. The regulator could have rejected the product, but its approval wasn’t required. While the U.S.

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PYMNTS

SEPTEMBER 20, 2019

It is very unlikely that one can totally stop people from buying Libra despite rigorous regulations.”. We have to get to a place where we can be confident that trading is better regulated.”. And the Iranian government wants new cryptocurrency mining regulations in the country.

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Payments Dive

JANUARY 4, 2023

The regulators didn't go so far as to create new rules around bank-crypto partnerships, but said they're "continuing to assess" if — and how — such tie-ups can proceed safely.

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FDIC Regulation 222

PYMNTS

SEPTEMBER 17, 2019

The gateway is expected to launch around mid-October, but in the meantime, users can buy cryptos with the Argentine peso through Huobi’s over-the-counter service. The gateway, which was founded in China , will allow users to buy cryptos via credit card, wire transfer and more.

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Payments Dive

APRIL 8, 2022

The regulator said it supports safe and sound innovations, but is concerned that the risks associated with crypto assets and crypto-related activities are not well understood.

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The Banker

APRIL 28, 2023

The EU regulation has great implications for those in the crypto assets industry. Anna Carrier explains.

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Regulation Industry 45

Abrigo

JANUARY 4, 2023

Guidance for banks on the lookout for crypto scams and fraud The turbulent cryptocurrency scene should put bankers on high alert. Takeaway 2 The FTC recommends that financial institutions watch for these top ten crypto scams. Takeaway 3 Crypto is a risky investment. Increased crypto use means increased crypto scams.

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PYMNTS

JUNE 27, 2019

The head of Germany’s Federal Cartel Office said on Thursday (June 27) that cryptocurrency backed by large tech companies could be put under a microscope by antitrust regulators, according to a report by Reuters. He stated that crypto created by companies “could become a topic for us.”.

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