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Regulation
Bitcoin Suisse Pulls Banking License Application After Negative Feedback
FINMA cited money-laundering defense "weaknesses" as one reason for the license denial.
Hawaiian House Dems Ask State Regulator to Reconsider Tough Rules for Crypto Firms
Under current requirements, exchanges must hold an amount of fiat equivalent to the value of the crypto their clients are holding.
Belarus Aiming for More Control Over Digital Economy, Crypto Exchanges: Report
Belarusian protestors used bitcoin to support each other after a controversial election last year.
Texas Securities Regulator Issues Emergency Order Against Binance Impersonator
"The pitch is relatively simple – invest a little, gain a lot and don’t worry about risk," the Texas State Securities Board said.
UK Crypto Trade Group Calls for Action Over Chronic Delays to FCA Registrations
Only four out of 200 crypto businesses' applications to the FCA's Money Laundering Registration regime have seen a decision, said CryptoUK.
Bitstamp: ‘Regulation Is Coming to Crypto’
Bitstamp’s Hunter Merghart says regulation is coming to crypto. “You can either fight it, or you can try to work with the regulators to develop a framework that helps the entire industry grow,” said Merghart. Plus, how Bitstamp ensures it can handle high traffic during the bull market.
Jamaica to Pilot CBDC Later This Year
The Caribbean nation's finance minister announced plans to officially launch a CBDC during the annual national budget debate.
Could Regulatory Clarity Remove Barriers to Crypto Innovation?
Rep. Warren Davidson (R-Ohio), one of the authors of a new bipartisan bill in Congress that aims to provide regulatory clarity to the crypto industry, shares his insights on the current state of governmental regulation. “That’s the thing this space needs, is clarity,” said Davidson. “Not no regulation, but a light touch to provide certainty.”
South Africa's Regulatory Uncertainty Driving Away Crypto Startups: Report
A looming regulatory clampdown following a major Ponzi scheme's collapse is already prompting some exchanges to flee abroad.
US Lawmakers Make Third Attempt to Bring Legal Clarity to Cryptocurrencies
Rep. Warren Davidson said the window of opportunity for the U.S. to lead the world on blockchain technology is "closing."
