The European Securities and Markets Authority is sounding a fresh caution at the potential risks crypto could pose to financial markets. ESMA, the European Union’s securities watchdog, has once again touched on the issue of crypto regulation, warning that crypto-related risks could impact financial stability. According to ESMA executive director Natasha Cazenave, this possibility has increased…
Circle’s Head of Global Policy Dante Disparte believes the crypto space needs more regulatory clarity in the form of frameworks like Europe’s MiCA. During a fireside chat session at Paris Blockchain Week with TRM Labs’ Global Head of Policy Ari Redbord on April 8, Disparte emphasized the importance of clear regulation in helping bring more…
Andrew Bailey, a long-time skeptic of crypto, has been unanimously selected to lead an international body that monitors the global financial system. Bank of England Governor Andrew Bailey — known for his cautious, often skeptical views on crypto — is set to take over as Chair of the Financial Stability Board in July, after securing…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. On March 6, Donald Trump signed an executive order establishing the Strategic Bitcoin Reserve — part of the roadmap to making the US the “crypto capital of the world,” announced by then…
Dubai’s real estate and crypto regulators have signed a cooperation deal to explore tokenisation in property registration and management. Dubai’s land and virtual assets regulators have signed a new agreement to support real estate tokenization and improve rules around the use of cryptocurrencies in property transactions, following the launch of a pilot aimed at linking…
Hong Kong financial authorities have officially allowed crypto firms to provide staking services for customers. However, they must abide by guidelines meant to protect users from associated risks. According to a notice published by the Securities and Futures Commission on April 7, crypto firms operating in the region that hold a virtual asset trading platforms…
Tether’s chief executive Paolo Ardoino says the stablecoin issuer is in talks with US officials and may even launch a dollar-pegged token tailored for the domestic market only. Tether (USDT) CEO Paolo Ardoino says the company may consider launching a stablecoin specifically for the U.S. if new rules make the market more competitive. Speaking to…
The U.S. Securities and Exchange Commission has released new commentary on stablecoins, with the agency’s Division of Corporation Finance noting that this is part of the effort to provide further regulatory clarity. SEC said in a news release that the guidance aligns with its objective of providing clarity regarding federal securities laws as related to…
Galaxy Digital has received a regulatory boost after the United Kingdom’s Financial Conduct Authority approved a license application for its subsidiary, Galaxy Digital UK Limited. The FCA license will allow Galaxy Digital to expand its derivatives trading to customers in the U.K. via its London office. Galaxy Investment Banking will also utilize the license to…
The U.S. Treasury Department has imposed sanctions on crypto addresses associated with Russia’s Garantex in its latest action against the Houthis and their funding operations. The U.S. Department of the Treasury’s Office of Foreign Assets Control has imposed sanctions on eight cryptocurrency addresses used by the Houthi foreign terrorist organization to finance activities like arms…
