BIS-funded regulator to probe DeFi entry points like stablecoins
The Financial Stability Board (FSB), the financial regulator funded by the Bank for International Settlements (BIS), is pushing international regulations for decentralized finance (DeFi).On Feb....
European Union discusses using zero-knowledge proofs for digital IDs
The European Union is famous for its ambivalent relationship with privacy — on the one hand, it was the first place in the world to...
Binance readies checkbook for potential fines from US regulators: Report
The world’s largest digital asset exchange, Binance, is preparing to face fines and penalties in order to settle outstanding regulatory and law-enforcement investigations in the...
SEC proposes tougher rules as part of its crypto custody crackdown
A five-member panel of the United States Securities Exchange Commission (SEC) has voted 4-1 in favor of a proposal that may make it more difficult...
The SEC shook Kraken down for $30M, but it doesn’t mean they had a case
The settlement between Kraken (Payward Ventures) and the United States Securities and Exchange Commission set off alarm bells in the crypto community this month. Apparently,...
Can Metacade Overtake The Sandbox’s Price Prediction in 2023 and Beyond?
The Sandbox rose to mainstream stardom in 2021. However, following SAND’s decline in 2022, many have wondered what the project’s future holds. In this article,...
UK FCA to take action against unregistered, illegal cryptocurrency ATMs
The United Kingdom’s financial regulator, the Financial Conduct Authority (FCA), is coming for unregistered cryptocurrency automated teller machines (ATMs).The FCA and the cyber team at...
Stablecoins not the target in BUSD crackdown: Matrixport head of research
Crypto financial services Matrixport's head of research believes the recent scrutiny of Paxos and its Binance USD (BUSD) token is not a direct attack on...
Bakkt to officially sunset consumer app on 16 March 2023
Bakkt App will officially terminate on 16 March 2023, the firm announced today. However, Bakkt says app users will still access their cryptocurrencies and cash...
Paxos to stop minting BUSD stablecoins for Binance
Blockchain infrastructure platform Paxos will halt issuance of new BUSD (BUSD) stablecoins amid the ongoing probe by the New York regulators.Paxos officially announced on Feb....