Regulations
EU’s McGuinness Urges Speedier Vote on Long-Delayed Crypto Laws
A final vote on MiCA and anti-money-laundering rules has been repeatedly pushed back, even though a deal was struck in June
Japanese Regulator Extends FTX Japan’s Suspension as Users Wait for Their Funds
The Financial Services Agency ordered that operations stay suspended for another three months.
Sam Bankman-Fried Agrees to Testify Before US House Financial Committee
The chair of the House Financial Services Committee, Maxine Waters, said SBF's attendance was "imperative."
UK Extends Crypto Tax Break for Investment Managers in Financial Reforms
Rishi Sunak’s government has already legislated to use stablecoins as a means of payment as he seeks to make the country a crypto hub.
SEC Tells US-Listed Companies They’d Better Disclose Crypto Damage
The U.S. Securities and Exchange Commission issued letters to companies flagging the need to disclose any potential impacts from mayhem in the crypto markets.
US Lawmakers Want Environmental Agency to Study Crypto Mining's Energy Impact
The Crypto-Asset Environmental Transparency Act would direct the EPA to impose greenhouse gas emission reporting rules on crypto mining facilities and assess their overall impact on the U.S.' environment.
US Watchdog Says Banks Shying Away From Stumbling Crypto Industry
The OCC chief says lenders seem to be backing away from the industry’s recent dramas, and a new report from his regulatory agency criticizes the sector for "weak," risky practices.
Some Central Banks Reportedly Looking to Issue a CBDC Within 10 Years
Generally, 35% of central banks were more inclined to issue a CBDC despite recent events in crypto, the Official Monetary and Financial Institutions Forum said in a report surveying 18 entities.
EU to Make Crypto Companies Report Tax Details to Authorities
New OECD-inspired tax evasion plans take a step further than the MiCA but haven’t settled how to deal with foreign providers
Hong Kong Amends Finance Law to Incorporate Crypto Firms
Virtual asset service providers will be covered by terror financing and anti-money laundering rules as of June 2023.
