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Regulations
NFT Platforms Should Be Subject to Money-Laundering Regulation, EU Lawmakers Say
The rules would cover self-hosted wallets and DeFi apps.
India's Day Of Reckoning With ‘Most Controversial Crypto Tax’ Is Here
The country's 1% TDS is predicted to exacerbate negative market sentiment and add to the woes of the crypto community.
Crypto World Is Cautious of Finer Details In EU's MiCA Law
Web3 advocates are cautiously welcoming Europe's new law, but must first resolve its paradoxes – like when is a non-fungible token fungible?
EU Agrees on Landmark Crypto Authorization Law, MiCA
The world’s third-biggest economy wants the Markets in Crypto Assets Regulation to protect investors and set up strict standards for stablecoin issuers.
EU Watchdog Wants to Address Threat Crypto Assets Could Pose to Financial System
The European Systemic Risk Board is looking into measures and policies to address the potential threat that crypto assets could present to the global financial system.
Banks’ Bitcoin Holdings Should Be Capped, Basel Committee Proposes
Holdings of unbacked crypto like bitcoin and algorithmic stablecoins would be limited to 1% of a lender’s capital under the standard setter's new plans put out for consultation Thursday.
Hurry Up With Crypto ID Checks, FATF Tells Countries
After the potentially privacy-busting "travel rule" for crypto transfers, global standard setters at the Financial Action Task Force have their eyes on DeFi, NFTs and unhosted wallets.
Grayscale Sues SEC Over Bitcoin ETF Application Rejection
The SEC rejected Grayscale's application to convert its Grayscale Bitcoin Trust to an exchange-traded fund earlier Wednesday.
DeFi Shouldn't Be Regulated, Crypto Advocates Tell UK Regulator
The advice comes from those who participated in a forum the Financial Conduct Authority held to hear from the digital assets industry.
Influencers Are Responsible for 92% of Crypto Ad Violations in India, Report Says
Violations included not carrying a required disclaimer or paid partnership tag on the ad, according to the Advertising Standards Council of India.
