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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. For those wanting to start their own cryptocurrency fund, it’s important to be well informed about cryptocurrency regulations. Central Bank Digital Currency (CBDC) ).

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FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

CFPB Monitor

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”), Alessio Evangelista, spoke at the Chainalysis Links Conference in New York City on the topic of “The Intersection of Cryptocurrencies and National Security.” Responsible Innovation “.

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Bitcoin Daily: Gemini Exchange Joins Silvergate Exchange Network; UK’s National Liberal Party Reveals Crypto Policy

PYMNTS

Kadena’s existing blockchain clients include $3 billion asset manager USCF Investments, healthcare technology company Rymedi, and leading Latin American technology business Alteum, as well as one of the world’s top 100 largest banks, and Fortune 500 companies. “In The current policy is a non-policy.

Policies 116
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OCC announces national banks and federal savings associations can provide custody services for crypto assets

CFPB Monitor

The OCC issued a letter last week stating that “a national bank [and a federal savings association] may provide. cryptocurrency custody services on behalf of customers, including by holding the unique cryptographic keys associated with cryptocurrency.” The key phrase above is “any lawful business.”

National 113
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Bitcoin Daily: Travala.com Combines With TravelbyBit; France Tests Blockchain-Operational Digital Euro

PYMNTS

Blockchain-based lodging reservation platform Travala.com has unveiled a merger with TravelbyBit, a Binance-backed “cryptocurrency-friendly” flight reservation site, according to an announcement on Wednesday (May 20). ” The firms will cross-market each of their travel services as the initial step of the merger.

Bitcoin 131
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Blockchain’s Inroads Through National Frameworks And Trade Finance

PYMNTS

Blockchain is increasingly being separated from cryptocurrency, with an eye toward disparate use cases — some done at the national level. which aims to improve productivity in its trade operations by testing modules, such as Receivable Finance and Payment Commitment (Payment Undertaking),” said the release.

National 161
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Mastercard Would Be Glad To Help Central Banks Issue National Digital Tokens

PYMNTS

In an interview with The Financial Times , Sarker said Mastercard would be willing to facilitate if the coin in question was a national cryptocurrency that was legitimate and was used as a national digital currency issued by central banks. “If The pilot] is a toe in the water; we’re fully cognizant of the reputational risk.”.

National 103