SEC Chair Gensler plugs changes to exchange definition that worries crypto 

Gary Gensler reminded a conference on Treasury bonds about a proposed rule change that would impact DeFi, too.

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USDC issuer Circle launches onchain compliance platform 

It's an important step toward winning the tokenized RWA market as Circle continues to vye with stablecoin leader Tether.

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Anchorage Digital Bank, BitGo join Coinbase to custody 21Shares crypto ETFs

The move diversifies spot crypto ETF custodians beyond Coinbase, which has dominated crypto custody for US issuers.

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UKs FCA provides more guidance on crypto promotion compliance

The financial regulator is trying to bring companies offering crypto services into line with requirements that came into force in October.

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New Travel Rule Regulations Impacting Crypto Transactions

In a recent podcast, Alice Nawfal discusses how new Travel Rule regulations are shaping the crypto industry and the compliance challenges faced by VASPs. (Read More)

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French regulator accepting CASP applications ahead of MiCA rollout

The AMF is giving firms registered under its current DASP rules ample time to transition, too.

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Coinbase finds flawed analysis in SEC's proposed exchange definition

In its third letter to the SEC, the crypto exchange said it would withdraw the proposal, which was first released in 2022, and start over again.

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Crypto exchanges subject to EU Travel Rule in 6 months

New EU regulations mandate crypto exchanges to comply with Travel Rule guidelines, enhancing AML/CFT measures starting Dec. 30.

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Europe updates Travel Rule to include crypto service providers in anti-money laundering push

The European Banking Authority (EBA) has updated its Travel Rule guidelines to include crypto service providers and intermediaries, according to a July 4 statement. Starting Dec. 30, 2024, crypto exchanges in the European Union must follow the Travel Rule guidelines (EU-2023/1113). The rule mandates that exchanges report information on funds and crypto asset transfers. It […]

The post Europe updates Travel Rule to include crypto service providers in anti-money laundering push appeared first on CryptoSlate.

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The Importance of Mindset in Trading: Navigating Market Downturns

Trading is often seen as a game of numbers, charts, and strategies. I emphasize that success in trading is heavily influenced by the mindset, I believe that trading is 80% mindset and only 20% strategy and analysis. This principle aligns well with the Pareto Principle, also known as the 80-20 rule, which states that 80% [...]

The post The Importance of Mindset in Trading: Navigating Market Downturns appeared first on Crypto Breaking News.

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Joe Biden drops out of United States presidential race

United States President Joe Biden has announced he will bow out of the 2024 presidential election.

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EU MiCA stablecoin regulations come into effect: Law Decoded

Noncompliant stablecoin issuers could potentially exit the EU market entirely, with a shift toward euro-backed stablecoins as demand picks up in European markets.

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IRS reveals final regulations for crypto broker rules

The Internal Revenue Service did not include decentralized exchanges or self-custodial wallets under its broker reporting requirements.

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Bitstamp drops Tethers euro stablecoin amid new MiCA rules

Bitstamp was one of the first crypto exchanges to list Tethers euro-pegged stablecoin, EURT, in November 2021.

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Louisianas new crypto law protects node operators, bans CBDC

The U.S. state of Louisiana has updated its legislation to ban the use of central bank digital currencies and establish rules for digital asset miners and node operators.

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Australia cracks down on online gambling with crypto, credit card ban

The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000).

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US President Joe Biden vetoes SAB 121 repeal

United States President Joe Biden said he vetoed the resolution because "he will not support measures that jeopardize the well-being of consumers and investors."

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Apples Crypto App Rule Update Sparks Optimism in Industry

In a recent court ruling in the United States, restrictions imposed by Apple on the Epic Games app store have been eased. The decision marks a significant development in the ongoing legal battle between the two tech giants. The court’s decision comes after Epic Games filed a lawsuit against Apple, alleging that the tech giant’s [...]

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Deadline for Updated Crypto Rules Compliance Set by Dubai Regulator

The Dubai cryptocurrency regulatory body has recently made significant updates to its rulebooks, specifically focusing on tightening regulations around margin trading. This move comes as part of the ongoing efforts by Dubai to enhance transparency and security within the crypto market. The updated rulebooks aim to address concerns surrounding the risks associated with margin trading, [...]

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Judge rules US Treasurys OFAC powerless to reinstate Tornado Cash sanctions

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) is unable to reverse sanctions imposed on Tornado Cash, a popular Ethereum mixer service. Despite efforts to reach out to OFAC for clarification on the matter, it seems the sanctions placed on Tornado Cash will remain in place. This development has raised concerns [...]

The post Judge rules US Treasurys OFAC powerless to reinstate Tornado Cash sanctions appeared first on Crypto Breaking News.

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