Regulations
Global Crypto Regulation Needs Coordination, Not Duplication, Legal Experts Say
"It's not good to put crypto all in the same basket and look at it in a vacuum," said Marianne Bechara, senior counsel at the International Monetary Fund.
Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says
The Federal Deposit Insurance Corp. said Signature’s exposure to crypto industry deposits was also a contributing factor.
ECB Mulls Decentralized Settlement for Wholesale Financial Markets
Euro regulators are looking again at their centralized settlement systems as they explore central bank digital currencies.
South African Mirror Trading's CEO Fined $3.4B by U.S. in Bitcoin Forex Fraud Case
The founder of bitcoin pool operator MTI was charged with fraud last year for running an unlicensed commodity pool scheme.
Hong Kong Regulator Reminds Local Banks There Is No Ban on Crypto Firms
Crypto companies have complained that opening bank accounts in the jurisdiction is difficult.
Binance Official Says Crypto Exchange Has Ousted North Koreans
"They recognized Binance was not the place for them," said Tigran Gambaryan, head of financial crime compliance at Binance.
Reintroduced Congressional Bill Would Call for Feds to Study Terrorist Uses for Crypto
The bill was introduced Thursday by Senators Kirsten Gillibrand and Ted Budd, and Congressmen Zach Nunn and Jim Himes.
UK Tax Authority Proposes Changes to Treatment of DeFi Lending, Staking
The proposal, now open for public consultation, will also apply to crypto lending and staking through intermediaries, the authority said.
Stablecoin Reserves Need to Be Diverse, EU Bank Agency Chief Says
The European Banking Authority's José Manuel Campa urged crypto players to start managing risks immediately as new rules take effect.
UK Charities Offered Guidance for Accepting Crypto Donations
Nonprofits need to weigh the risk of volatility and hacks, and follow money laundering norms, the Charity Commission said.
