“Fake” regulatory and dispute resolution entities are being used to make some crypto providers look legitimate, warns the Canadian Securities Administrators.
Category: Regulation News
Five US enforcement agencies form new digital currency anti-crime task force
The agencies have worked together for years, but now their joint efforts are official as they plan to ramp up activity.
Lack of bipartisan support on crypto regulation could make US ‘less attractive’ to firms: Moody’s
A report from the investors’ service pointed to a political divide in language on bills concerning stablecoins and providing a comprehensive framework for digital assets.
Biden to discuss dangers of AI in San Francisco meeting with experts
The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco.
EU consumer protection groups urge governments to investigate AI
A coalition of watchdog groups in the EU urged governments to assess the risks and vulnerabilities consumers are subjected to due to generative AI.
Deutsche Bank reportedly applies for digital asset custody license from BaFin
Germany’s banking industry is slowly warming up to the crypto sector, with multiple partnerships and crypto services launching in 2023 after a long, cautious approach.
IMF’s CBDC push gets feedback from the crypto community — ‘No one wants this’
A community member described CBDCs as a “dystopian nightmare” and argued that they would give governments complete control over individuals.
Era of trading crypto as non-securities is over, says exchange ex
SEC-regulated firm INX only lists five cryptocurrencies on its platform, considering them as non-securities.
Bitcoin reaches 50% market dominance for first time in 2 years
Blackrock’s spot ETF filing and the Securities and Exchange Commission’s crackdown on crypto are driving investors toward Bitcoin.
31% of young Aussies hold crypto despite being ‘risk averse’ — ASX survey
While young Australians are more interested in crypto, it’s the 25- to 49-year-olds who own the most.