Tag: Authority
Monetary Authority of Singapore Starts Tokenization Pilots Alongside Financial Services Heavyweights
The test will explore bilateral digital asset trades, foreign currency payments, multicurrency clearing and settlement, fund management and automated [...]
Capital Gains Tax Applies to Wrapped Tokens and DeFi, Australian Tax Authority Clarifies
“Being able to wrap tokens is a valuable and necessary cross-chain interoperability tool,” said Michael Bacina, Digital Assets lawyer at Piper Alderma [...]
Blinken Says Palestinian Authority Could Lead Gaza After War
The United States is under growing pressure to use its leverage to push for sustainable, long-term goals in the region and minimize civilian casualtie [...]
XRP Gets Dubai Financial Services Authority Approval
“Today, the Dubai Financial Services Authority (DFSA) approved XRP under its virtual assets regime – allowing licensed firms in the Dubai Internation [...]
Coinbase disputes SEC’s crypto authority in final bid to toss regulator’s suit
The United States Securities and Exchange Commission overstepped its authority when it classified Coinbase-listed cryptocurrencies as securities, the [...]
Coinbase disputes SEC’s crypto authority in final bid to toss regulator’s suit
The Securities and Exchange Commission overstepped its authority when it classified Coinbase-listed cryptocurrencies as securities, the exchange has a [...]
European Banking Authority, ESMA issue crypto entity suitability guidelines
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) on Oct. 20 jointly released a consultation paper featuri [...]
UK Financial Conduct Authority Working on Blue Print for Fund Tokenization Due This Year
FCA, the U.K.'s financial regulator, published a discussion paper in February this year on updating and improving a regime for asset management in the [...]
Coinbase-Backed Group Loses Lawsuit Arguing Tornado Cash Sanctions Overstepped U.S. Treasury's Authority
A group of crypto investors and developers lost a lawsuit funded by Coinbase which sought to argue that the U.S. Treasury Department overstepped its a [...]
The UK Financial Conduct Authority Is Designing Prudential Requirements for Firms Carrying out Crypto Activities
The regulator, which is in charge of maintaining a registry of crypto firms approved for operations under the country's anti-money laundering requirem [...]
Social Media Celebrity Influencer Crypto Promotions May Breach UK Law Even if They’re Not Paid, Financial Conduct Authority Says
If they communicate financial promotions without approval of an authorized person, they are likely to be "communicating an illegal financial promotion [...]
European Banking Authority calls for early adoption of stablecoin standards
In advance of required regulations that are expected in a year, the banking watchdog for the European Union asked stablecoin issuers to voluntarily fo [...]
Bittrex challenges SEC’s authority in crypto lawsuit, seeks dismissal
Bittrex, a cryptocurrency exchange, has made a notable move in its legal dispute with the United States Securities and Exchange Commission (SEC) by su [...]
Lawmakers introduce bill to remove SEC chair — but do they have the authority?
Members of the United States House of Representatives are pushing for ways to remove Securities and Exchange Commission (SEC) Chair Gary Gensler from [...]
Paving Way for an e-HKD ‘Necessary,’ Hong Kong Monetary Authority Says
"While it appears that e-HKD might not have an imminent role to play in the current retail payment market, we believe prospective use cases for e-HKD [...]