11/14/2023
Crypto.com wins Dubai licence
Once approved, the Virtual Assets Service Provider licence will allow Crypto.com to offer various services in-market to retail and institutional investors
Legal,Regulation,Tax & Compliance
11/14/2023
Spain legislates for first EU AI Act regulatory sandbox
The Royal Decree also establishes the creation of an AI advisory committee made up of independent technical experts.
11/13/2023
The future of estate planning - How to prepare your digital inheritance
As with all other forms of estate planning, a Will is important to clarify how you would like to leave your assets.
11/13/2023
Lloyds warns over surge in crypto scams
The most common age range for crypto scam victims is 25 to 34 year olds, who make up a quarter of all cases.
11/07/2023
Dubai regulator VARA wants virtual asset firms to get licensed by November 17 - failure invites 'enforcement'
Virtual asset businesses lagging on applications must get their acts together
11/07/2023
Jifiti lands EMI license in Europe
The EMI license will mean Jifiti can broader its range of payment products and services to banks and lenders
11/06/2023
Resolution IT achieves Microsoft Security Partnership
Achieving the Security Partnership with Microsoft is no small feat.
11/03/2023
PayPal receives SEC subpoena over stablecoin
The stablecoin is issued by Paxos and fully backed by US dollar deposits, short-term US treasuries and similar cash equivalents.
11/03/2023
Sam Bankman-Fried found guilty on seven counts for multi-billion dollar FTX fraud
The verdict marks nearly one year since FTX filed for bankruptcy.
11/03/2023
Musk and Sunak talk AI regulation at the UK’s AI Safety Summit
Sunak noted the growing anxiety that the public feels around AI taking over jobs, and Musk agreed that regulation needs to be heavy-handed to keep the industry in check.
11/02/2023
Remittance app Sendwave hit with CFPB penalty
The firm also told consumers that remittances from the US to Nigeria would incur “no fees” when in fact fees were charged.
10/31/2023
Tokenisation: The blockchain revolution for funds
Although this is a developing area, many billions of assets under management have already been tokenised.
10/30/2023
Why Is Bitcoin's Price Surging?
April 2024 is projected to be a significant month for bitcoin due to its scheduled 'halving'—a pre-coded 50% reduction in the mining reward
10/30/2023
Thought Machine cutting jobs seven months after hiring spree
Thought Machine cutting jobs seven months after hiring spree
10/25/2023
Dutch court blocks national bank’s levies for crypto service providers
The case centred on levies raised in 2021
10/24/2023
Time for central bank digital currencies to prove their worth
Supporters say CBDCs will modernise payments with new functionality and provide an alternative to physical cash, which seems in terminal decline.
10/23/2023
Mobile Wallets: AT Announces It Will Tax Operations and Monitor Transactions
Among the tax measures are a reduction in the Value Added Tax (VAT) rate from 17 per cent to 16 per cent
10/23/2023
FCA warns firms as new cryptoassets financial promotion regime comes into force
The FCA said it expects firms to consider how risk summaries and appropriateness assessments should be tailored to the specific cryptoassets being promoted.
10/20/2023
US Treasury proposes crypto mixer-crackdown to end anonymous transactions
In the last year the US sanctioned crypto mixers Tornado Clash and Blender for allegedly supporting North Korean hacking organisation Lazarus Group.
10/19/2023
Jack Henry unveils cloud-native fraud and AML solution
The platform is built on the public cloud, allowing for real-time data, more accurate reporting, open integrations, speed, and agility.