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EU wants banks to back every digital asset held with fiat in new prohibitive measures
EU legislators voted in favor of a draft bill that seeks to impose new prohibitive measures to curtail banks’ involvement...
Unbounded Capital’s 2022 year in review and 2023 predictions
Unbounded Capital projected that 2023 will be the year that a particular app—an existing one or one that hasn't been...
85% of UK firms applying for digital asset registration failed to meet minimum AML standards, FCA says
The FCA revealed that 5% of firms that had applied for authorization were accepted on the first attempt, while 85%...
Ireland central bank governor calls digital currencies ‘gambling,’ likens them to Ponzi schemes
Echoing BoE Governor Andrew Bailey, Irish central bank's Gabriel Makhlouf warns about the volatility of digital currencies and has called...
Indonesia’s new law could see virtual currencies classified as securities
The new regulation signed into law on January 12 indicates that digital assets could be treated as securities, which meant...
Philippines securities watchdog new rules to clamp down on virtual currency bad actors
More stringent regulations may be heading toward the Philippines after the SEC bares its plan to ramp up surveillance of...
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