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Regulation
‘Too Much’ Innovation Is Dangerous With Stablecoins: OCC Chief Hsu
“There is some risk that folks who are least able to bear it lose their money,” the acting comptroller of the currency warned on CoinDesk TV Monday.
US Stablecoin Report Gets Mixed Reviews From Crypto Industry
Issuers’ reactions ranged from effusive to diplomatic, but lobbyists pushed back against stablecoin recommendations by the President’s Working Group on Financial Markets.
Kazakhstan Passes Law to Monitor Crypto Services for Money Laundering, Terrorism Financing
The law approved by the country’s parliament would make financial monitoring a requirement for digital asset platforms.
S. Korean Regulator Says NFTs Are Not Virtual Assets: Report
Seoul will follow FATF guidance on the matter of NFTs and its regulation.
Kazakhstan Limits Crypto Investment for Retail Players: Report
The country’s financial regulator is worried about the high risk associated with crypto.
CryptoCompare Gets FCA Authorization to Operate as Benchmark Administrator
The London-based company provides data and benchmarks for digital assets based on market research and methodologies.
Group of Exchanges Call on Indian Government to Regulate Crypto in Front-Page Ad
“This is India’s crypto moment,” the ad declared.
Hong Kong’s SFC Has Received Multiple Requests for Crypto ETFs
The SFC is reviewing its regulatory regime for virtual assets.
