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Singapore monetary authority releases regulatory framework for G10-pegged stablecoins

The Monetary Authority of Singapore (MAS) announced a regulatory framework for single-currency stablecoins (SCS) regulated in the Asian country, according to an Aug. 15 statement. The financial regulator stated that the regulations would apply to single-currency stablecoins (SCS) pegged to the Singapore Dollar (S$) or any G10 currency whose circulation surpasses S$5 million. дальше »

2023-8-15 11:03


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Singapore introduces visionary regulatory framework to boost stablecoins’ stability

The Monetary Authority of Singapore (MAS) unveiled an innovative regulatory framework to boost the stability of the nation’s certified stablecoins on 15 August. The central bank revealed that the new regulations would apply to issuers of single-currency stablecoins tied to the Singapore Dollar or fiat of G10 nations, with circulation surpassing $5 million. дальше »

2023-8-15 11:02


What in the World Is Going on With Crypto Regulation?

Regulatory clarity has fueled crypto bull markets, demonstrated by Japan's 2016 adoption of crypto as payment and OCC's 2020 endorsement of crypto engagement. While global strides in clear crypto regulations are evident, particularly in Hong Kong, EU and UK, the US lags, emphasizing the need for enhanced regulatory certainty in the industry's advancement. дальше »

2023-8-10 18:45


SEC Chief Unleashes Fury On Crypto Industry, Says It’s ‘Rife With Fraud’

Gary Gensler, the chairman of the US Securities and Exchange Commission, continues to express deep concerns about the cryptocurrency sector and its lack of regulatory oversight. In an interview, Gensler once again criticized cryptocurrencies’ decentralized nature, making it a headache of sorts for the SEC to enforce regulations and protect investors effectively. Gensler’s primary message […] дальше »

2023-7-29 13:34


A suite of crypto legislation passed the House Financial Services Committee this week

On July 27, the House Financial Services Committee advanced seven pieces of legislation concerning critical issues in digital asset regulation. They will now proceed to a full vote in the House. A Republican-led effort, the bill’s progression is a significant legislative moment for cryptocurrency regulations. дальше »

2023-7-29 11:00


Binance Fights Back CFTC Complaint, Plans To Seek For Dismissal

Binance and its CEO, Changpeng Zhao, are preparing to file for the dismissal of the Commodity Futures Trading Commission’s (CFTC) complaint, a court filing shows. This is in response to the financial regulator accusing the crypto exchange of violating derivatives market regulations in the United States earlier in the year. Binance To Seek Dismissal Of […] дальше »

2023-7-25 17:00


DeFi Platforms And Bitcoin ATMs Face Major KYC Hurdles With New US Bill

A new bill introduced into the US Senate proposes to tighten Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations for decentralized finance (DeFi) services.  The Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act aims to prevent money laundering, stop crypto-facilitated crime and sanctions violations, and ensure that DeFi services meet the same AML and […] дальше »

2023-7-20 00:00


UK Regulatory Authority Declares Crypto Memes as Financial Advertisements

Proposed Regulations by UK Watchdog: Crypto Memes Could Lead to Criminal Charges and Disclaimers for Firms and Influencers The Financial Conduct Authority (FCA) in the United Kingdom has put forth a proposal that could potentially result in imprisonment for up to two years for individuals found in violation of financial promotion rules concerning crypto memes. дальше »

2023-7-19 14:11


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China publishes generative AI laws as 52% Stage 2 of AltSignals Presale sells out

China has become one of the first nations to regulate the technology that drives well-known services like ChatGPT, having published new regulations for generative artificial intelligence (AI). This followed Elon Musk’s Wednesday announcement about the debut of xAI, a new AI company that will focus on understanding the “true nature of the universe. дальше »

2023-7-16 17:43