From shorter consultations to insider comments, recent rumors about U.S. regulation of private crypto wallets have some compelling context.
The Switzerland-based branch of a major Russian bank has also joined OpenVASP.
Industry players at the Virtual Asset Service Providers Summit urged regulators to rethink their approach in light of DeFi and DEXs.
Siân Jones, a senior partner at XReg Consulting, said the FATF’s narrow approach to regulating crypto must be tackled by the community as a whole.
At an event Monday, FinCEN staffers discussed the “why” of a new proposal that has crypto fans concerned.
David Lewis, executive secretary and G20 deputy at the Financial Action Task Force, says crypto firms still have a long way to go before they’re compliant.
Regulation can add value by strengthening the reputation of a marketplace and creating the conditions to unlock innovation and enhance it.
The Cayman Islands is building a regulatory framework for “virtual asset service providers” with some measures already enacted.
A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply with the FATF Travel Rule. Digital currency companies, otherwise known as Virtual Asset […]
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Once again, Gibraltar is taking the lead in crypto regulations.