Regulations


Markets

Presidential Advisory Group Promises Stablecoin Recommendations

The Treasury Department didn't lay out a timeline for when it will publish its recommendations on stablecoin regulation.

Treasury Secretary Janet Yellen "underscored the need to act quickly" on stablecoin regulations, a press release said.

Markets

Turkey Plans to Present Law on Cryptocurrencies in October: Report

Crypto-asset companies will be supervised by the Capital Markets Board and will need to set aside minimum capital requirements.

turkey

Policy

US Presidential Advisory Group to Discuss Stablecoins

Federal Reserve Chairman Jerome Powell, Securities and Exchange Commission Chair Gary Gensler and Commodity Futures Trading Commission Acting Chair Rostin Behnam will also participate in Monday's meeting.

Treasury Secretary Janet Yellen is convening a presidential advisory group to examine the benefits and risks of stablecoins.

Markets

Japan Increasing Efforts to Regulate Digital Currency: Report

The move is a sign of increasing concern that new forms of private money could disrupt Japan's financial system.

FSA

Policy

State of Crypto: Binance Is Firmly in the Regulatory Crosshairs

World regulators have announced warnings around Binance, drawing attention to the exchange's operations and hinting at future actions.

Binance CEO Changpeng "CZ" Zhao

Markets

Binance Not Authorized to Operate in the Cayman Islands, Regulator Says

The Cayman Islands' financial watchdog said that Binance has not registered to operate in the nation and that it was investigating the matter.

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Markets

Binance Pulls Out of Ontario Following Actions Against Other Crypto Exchanges

"Binance can no longer continue to service Ontario-based users," the exchange said Friday.

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Policy

Binance Isn't Allowed to Be Operating in the UK, Watchdog Warns

On Friday, Japan’s financial regulator warned Binance is operating in that country without permission.

Inside The Financial Conduct Authority As Investigations Begin Into Private Accounts Of Forex Traders

Policy

FATF Says Majority of Countries Still Haven’t Implemented Watchdog’s Crypto Guidance

Only 58 out of 128 jurisdictions have stepped up, the anti-money laundering watchdog said Friday.

FATF meeting.

Markets

EU to Designate Bank of Spain, Securities Regulator for Crypto Oversight: Report

Draft regulation also requires businesses offering crypto services in the EU to have a base in the bloc, Cinco Dias reports.

Sede del Banco de España. (Shutterstock)