DeFi Archives - Page 18 of 31

Taiwan Financial Supervisory Commission drafts new AML rules for virtual asset service providers.

Taiwan FSC Drafts New AML Rules for Crypto Firms with Penalties for Non-Compliance

October 3, 2024 Dan K

Taiwan’s FSC has drafted new AML rules for crypto firms, effective Jan. 1, 2025, with penalties including fines and prison time for non-compliance.

Bank of England building with a focus on financial risks from private settlement assets like stablecoins.

Bank of England Executive Warns of Stability Risks From Shift to Private Settlement Assets

October 2, 2024 Dan K

BoE warns that shifting settlements to private assets like stablecoins, without modernizing central bank money, could threaten financial stability.

Bitwise registers an XRP ETF Trust in Delaware, marking the initial step towards an XRP ETF.

Asset Manager Bitwise Registers XRP ETF Trust in Delaware

October 2, 2024 Dan K

Bitwise registers XRP ETF Trust in Delaware, marking a move toward an XRP ETF. SEC regulations and past legal disputes remain hurdles for approval.

A digital finance concept showing stablecoin transactions surpassing traditional payment giants.

Thousands of Indians Trapped in Southeast Asia’s Crypto Fraud Rings

October 2, 2024 Dan K

Indians lured by fake jobs are trapped in Southeast Asia’s cyber slavery and forced into cryptocurrency fraud, with efforts underway for their rescue.

Blockchain

Ripple Secures In-Principle Approval to Expand Services in UAE

October 1, 2024 Dan K

Ripple gains in-principle approval from DFSA, expanding its blockchain payment solutions in the UAE, positioning the country as a fintech leader.

An image of Russia’s central bank building, symbolizing the investigation into cross-border cryptocurrency transfers conducted through banking channels.

Russia’s Central Bank to Investigate Crypto-Linked Cross-Border Transfers and Banking Channels

October 1, 2024 Dan K

Russia’s Central Bank will investigate cross-border crypto transfers, focusing on banking channels to assess the volume and impact of crypto-related operations.

Shigeru Ishiba, Japan's next Prime Minister, discusses blockchain and NFT policies at a press conference.

Japan’s Next Prime Minister Unveils Pro-Blockchain and NFT Policy Agenda

October 1, 2024 Dan K

Shigeru Ishiba, Japan’s new PM, plans to implement pro-blockchain and NFT policies, focusing on regional economic growth and digital innovation.

Ethereum staking ETP launched by Valour on the London Stock Exchange, offering institutional investors access to ETH with staking rewards.

Valour Debuts First Physically-Backed Ethereum Staking ETP on London Stock Exchange

September 30, 2024 Dan K

Valour’s Ethereum staking ETP debuts on LSE, offering institutional investors access to Ethereum with staking rewards in a fully-backed product.

Japan’s Financial Services Agency (FSA) headquarters, reviewing crypto regulations in 2024

Japan’s FSA Eyes Crypto Tax Cuts in Upcoming Regulatory Review

September 30, 2024 Dan K

Japan’s FSA is reviewing crypto regulations, potentially lowering taxes on gains and reclassifying cryptocurrencies as financial instruments.

Taiwan regulator approves crypto ETFs for professional investors through local brokers

Taiwan Regulator Approves Foreign Crypto ETFs for Professional Investors

September 30, 2024 Dan K

Taiwan financial regulator approves foreign crypto ETF for professional investors, providing access through local brokers with strict risk management protocols.