11/27/2023
Crypto Calamity? Industry Reacts as Binance CEO Pleads Guilty to Charges and SEC Sues Kraken
This news also does not signify the first time the SEC has taken significant action against Kraken
Legal,Regulation,Tax & Compliance
11/27/2023
Online Safety Act super-complaints process must not overwhelm Ofcom
The government is seeking views from interested parties about which organisations should be able to make super-complaints, the process and format for super-complaints, and how Ofcom should respond to each complaint.
11/24/2023
UK funds given green light for tokenisation
The funds must meet certain conditions to be eligible for tokenisation.
11/24/2023
UK regulators give green light to fund tokenisation
The UK government’s asset management task force has published a blueprint for the implementation of tokenisation for FCA-authorised funds.
11/24/2023
EU considers widening scope of cybersecurity regulation
The draft includes obligations for cloud operations at four security levels
11/24/2023
Embedded Finance Europe applies for EMI licence in France
The updated Directive follows the rapid growth of electronic payments in the EU, which was accelerated by COVID-19 pandemic
11/23/2023
ZA Bank secures approval for US stock trading launch
The Bank plans to roll out U.S. stock trading services in due course upon completion of the pilot trial.
11/22/2023
Bittrex Global to fold
At the time, Mr Burt said the company had six full-time Bermudian staff on-island.
11/22/2023
Binance to pay billions in US in money laundering case, CEO resigns
Zhao pleaded guilty to failing to maintain an effective anti-money laundering program
11/22/2023
Network International Joins Forces With Visa to Introduce Instalments Solution to UAE Merchants
This strategic partnership comes at a time when consumers are increasingly seeking out instalment payment options that align with their financial needs and preferences.
11/21/2023
Mastercard and Feedzai unite to fight crypto fraud with AI
Fraud and crypto have long been intertwined.
11/16/2023
Singapore develops generative AI risk framework
A platform-agnostic GenAI reference architecture was also developed, providing a list of the building blocks and components that organisations can use to create robust enterprise-level technology capabilities.
11/15/2023
Navigating the complexities of RegTech: Essential steps for compliance success
Defining corporate entities is a holistic exercise akin to creating a detailed map of your organization
11/15/2023
MAS kickstarts new round of asset tokenization pilots
Singapore's central bank is additionally opening a new Project Guardian funds workstream focused on the native issuance of Variable Capital Company (VCC) funds on digital asset networks.
11/15/2023
Commerzbank granted crypto custody licence
The initiative recognises the de-thawing of banking interest in the market following the recent 'crypto-winter'.
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
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