French central bank explores DeFi risks and regulation
The French central bank published a detailed discussion paper this week on DeFi, exploring its risks and the potential regulatory changes that could mitigate them.
Latest Markets in Crypto Assets News
EU parliament approves stricter rules to combat money laundering and terrorist financing
To strengthen its AML/CTF regulations, EU lawmakers approved three new draft legislations that would ensure to uphold transparency, heighten authorities' supervision, and set up an AMLA unit.
EU banking authority seeks digital currency expert ahead of MiCA law implementation
The EBA is on the hunt for an individual with sufficient expertise in digital assets and one that could supervise financial institutions in an effort to ensure the smooth enforcement of the MiCA law.
We will not be lenient with digital assets under MiCA, Dutch financial watchdog says
While some, like Hong Kong, have modified their regulatory outlook to attract VASPs and investors, Dutch AFM says it will keep being hard on the industry.
EU increases focus on NFTs in leaked draft of anti-money laundering bill
The proposed change to the AML rules fills a noticeable gap in the EU’s landmark Markets in Crypto-Assets (MiCA) regulation, which currently excludes NFTs from its remit.
France to tighten digital asset laws as MiCA looms
French lawmakers have passed new laws that tighten measures on cybersecurity, internal controls, and anti-money laundering but are not as tough as proposed in December.
Bank of Israel reveals plan for proposed stablecoin regulation, supervision
Israel's proposed legislations in regulating stablecoins include restricting algorithmic stablecoins and uncollateralized assets, as well as "borrowing" the EU's MiCA to supplement local laws.
US officials to meet with ‘crypto’ crooks to discuss European regulations
Apart from the planned meeting with EU officials on the MiCA regulations, U.S. authorities will also hold talks with controversial digital asset firms, including Binance, Ripple, and Coinbase.
Final vote on EU’s landmark MiCA regulation delayed until April
The European Union faces another delay in voting for the passing of its proposed MiCA regulation as it struggles to translate the 400-page file into 24 languages.
European Parliament agrees on new laws covering stablecoins, unbacked digital assets and exchanges
The effort signifies the European Union’s renewed urgency in ensuring that European law addresses issues posed by digital assets.
EU puts DeFi on notice, revives stablecoin transaction cap
The European Union is bracing for another wave of measures in the digital asset sector as Parliament mulls tougher laws for DeFi platforms and Web3 firms to boost its anti-money laundering campaign.
South Korea: ICO ban likely to be lifted as Bank of Korea eyes EU’s MiCA
The central bank stated its intention in a paper it published reviewing the EU's Markets in Crypto Assets Act (MiCA), saying that South Korea's ICO ban has not been effective so far.