New node certification could coax more institutions into Ether staking 

A consortium of big crypto companies, including Coinbase, has just launched a new certification scheme for Ethereum node operators called NORS. 

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EU watchdog warns of offshore crypto risks under MiCA regulation

The European Securities and Markets Authority warns crypto companies operating globally of the potential risks that may arise while seeking authorization under MiCA.

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Approach with caution: US banking regulator’s crypto warning

The Office of the Comptroller of the Currency (OCC) said the digital asset industry was maturing but was “not yet robust” in its risk management.

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US regulator to seek feedback on DeFi's impact on financial crime

A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector players for feedback on DeFi’s crime risks.

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ECB Steps Up Warnings About Crypto Risks

The European Central Bank (ECB) has accentuated its campaign on the risks of investing in cryptocurrencies and other digital assets at a time when the industry is going through its worst historical crisis.

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Cryptocurrency Storm, Shaking Financial Paradigms Tight: BIS

The Bank of International Settlements (BIS) recently published a report based on cryptocurrency risks and key elements. The report delves into an extensive analysis of cryptocurrencies and their potential implications for the financial system. The BIS report critically examined the phenomenon of cryptocurrencies, moving beyond the surface-level excitement and hype surrounding cryptocurrency. It aims to […]

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MetaMask co-founder: Memecoins reveal Web3 and AI consent flaws

MetaMask co-founder Dan Finlays memecoin experiment highlights Web3s struggles with consent, trust and investor expectations.

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Central Bank of Sri Lanka Warns of ‘Significant Risks’ in Using and Investing in Crypto

Sri Lanka’s central bank has issued a warning about “the significant risks associated with using and investing in cryptocurrency.” The central bank reminded the public that “cryptocurrencies are unregulated investment instruments which are not recognized as an asset class in Sri Lanka.” Sri Lanka’s Crypto Warning The Central Bank of Sri Lanka (CBSL) issued a [...]

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Latest Thai Securities Guidelines Require Digital Asset Platforms to Issue Crypto Trading Risk Warnings

According to Thailand’s securities regulator, digital asset service providers will be required to warn prospective investors of the risks that come with trading or investing in cryptocurrencies. The guidelines also state that starting on Aug. 30, 2023, digital asset business operators will be barred from “providing services or supporting deposit-taking [and] lending services.” The Crypto [...]

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Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official

A senior People’s Bank of China (PBOC) official has urged regulators to consider cryptocurrency risks and fraud that could lead to bank failures when innovating regulation. The Chinese official highlighted the recent collapse of U.S. banks that provided services to crypto customers as an example. “The regulation philosophy, technology, and capability must be upgraded to [...]

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