Bank of Russia Limits Crypto Equity to 25% for Market Brokers
The new rules, which target professional market participants, dictate that cryptocurrencies approved for trading must be included in the calculation of financial resilience ratios....
Malta Regulator Flags Unlicensed Crypto Marketing Firm
The Malta Financial Services Authority warned the public against Distributex, an unauthorized cryptocurrency marketing entity. The regulator flagged high-risk features resembling multilevel marketing and...
Ireland Rolls Out Anti-Money Laundering Strategy Targeting Crypto
Ireland has launched its first national anti-money laundering strategy, targeting crypto assets, corporate transparency, and inter-agency intelligence to combat financial crime and align with...
TRM Labs Reveals MiCA Purged 80% of European Crypto Firms
TRM Labs’ latest report highlights the effects of the full implementation of MiCA on Europe, tightening the existing regulatory patchwork. Only a fifth of...
Monaco Submits Draft Bill to Align Crypto Rules With MiCA
Monaco has submitted a draft bill to replace its 2022 crypto rules, aligning its regulatory environment with the MiCA framework and Financial Action Task...
UK Lawmakers Press Banks on Crypto Access Ahead of New Rules
U.K. lawmakers are asking major banks whether the country’s incoming crypto framework will change how they treat regulated digital asset firms. The move forms...
SEC, CFTC Forge Their Own Crypto Paths as CLARITY Act Stalls Out
As far as digital asset regulation is concerned, the U.S. Securities and Exchange Commission (SEC) is not waiting around for Congress. The agency has...
FSB Raids Moscow City Crypto Hub in Major Fraud Bust
Russian authorities disrupted nine foreign-coordinated cryptocurrency channels operating out of the Moscow City business district. Over 20 employees from unregistered crypto exchanges and several...
Community Banks Stall Clarity Act Over Stablecoin Rewards
While Senate Democrats have their own issues with the CLARITY Act, community bankers would be leveraging their ties with Senate Republicans to explain the...
Esper Warns Senate to Pass CLARITY Act for National Security
Mark Esper, former U.S. Secretary of Defense, stresses the CLARITY Act would extend Patriot Act provisions to digital assets, modernizing the identification and special...