The leader of the Office of the Comptroller of the Currency, a US banking regulator, is continuing the Biden administration’s push for bank-style regulation for stablecoin issuers. On April 8, Michael Hsu, the Acting Comptroller of the Currency, spoke to an audience at Georgetown Law School on his “Thoughts on the Architecture of Stablecoins.” Effectively, […]
Just five crypto companies remain on the Financial Conduct Authority’s (FCA) temporary registration (TRR) list, meaning they’re still able to trade while their applications are being considered by the U.K. financial services regulator. CEX.I0, Copper Technologies, GlobalBlock, Revolut and Moneybrain, are on the TRR according to an updated document on the FCA website on Thursday. […]
Attorney Jeremy Hogan shares his expectations on the Ripple-SEC case as Ripple defendants’ answers are expected to come in by April 8. Earlier, Ripple defendants Brad Garlinghouse and Chris Larsen had filed a motion for an extension of time, until April 8, 2022, to file their answers to the SEC’s First Amended Complaint. This was granted in […]
Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal implications of the move. Crypto researcher Matt Ahlborg believes that the event is a very significant development for BTC as it allows the offloading of BTC […]
Local industry associations gave businesses some clarity on Singapore’s rules on advertising crypto services at an in-person meeting yesterday, local newspaper The Straits Times reported. The Monetary Authority of Singapore (MAS) will disallow marketing and advertising of crypto services to retail consumers in the city-state, the Blockchain Association Singapore (BAS) told members, according to the […]