Regulations
Dubai Mandates Licensing for Crypto Companies as It Sets Out Regulatory Requirements
A new set of rulebooks from the Virtual Assets Regulatory Authority lays out requirements for crypto firms covering everything from issuance and exchange services to advertising.

UK Banks Blocking Crypto Access Given Fraud, Volatility, Lawmakers Told
Finance CEOs welcomed new crypto regulations but were wary about the risks of a central bank digital currency

UK to Start Further Development Work on ‘Likely Needed’ Digital Pound
The Bank of England and the Treasury are inviting the public to weigh in on plans for a digital euro that can be used for payments and purchases.

FTX Money Backed US Lawmakers With Future of Crypto in Their Hands
The campaigns of 38% of those on the four most important committees, including key leaders, got money from former CEO Sam Bankman-Fried and other executives, according to Federal Election Commission records.

Independent FTX Examiner Could Cost Crypto Exchange $100M, Court Told
Government and FTX lawyers argued the matter in federal court on Monday.

FTX Being Advised by Cybersecurity Firm Sygnia on Hack Inquiry, CEO Ray Says
The crypto exchange’s current chief executive blasted weak cybersecurity controls at the company under Sam Bankman-Fried’s leadership.

Hong Kong Regulator Wants to Beef Up Its Staff Covering Virtual Assets
Hong Kong's Securities and Futures Commission (SFC) wants to expand its team to deal with licensing applications for the incoming VASP regime.

Italy Setting Up Crypto Environment That Meets EU's New Laws, Central Bank Governor Says
Even though surveys show only about 2% of households own crypto, regulators are bracing for the EU's Markets in Crypto Assets (MiCA) rules for service providers.

UK Financial Regulator Warns Crypto Firms of Jail Time for Unauthorized Ads
The rules aren’t set in stone but will mirror those for other high-risk investments, the Financial Conduct Authority said.

South Korea Issues Guidelines for Regulating Security Tokens as Legislation Looms
Financial regulators in South Korea are working to bring security tokens into the scope of the country's capital markets rules.

