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Regulation

FCA pushes for stricter digital currency promotions with new rules for social media ads
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22 July, 2023

FCA pushes for stricter digital currency promotions with new rules for social media ads

The Financial Conduct Authority has received the nod from Parliament to regulate digital currency promotions following the approval of the...
Bipartisan bill introduced in US to regulate DeFi and combat digital asset crime
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21 July, 2023

Bipartisan bill introduced in US to regulate DeFi and combat digital asset crime

The Crypto-Asset National Security Enhancement and Enforcement Act of 2023 will require decentralized finance (DeFi) services to abide by the...
Australia revokes FTX subsidiary’s license
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21 July, 2023

Australia revokes FTX subsidiary’s license

Nine months after it imploded, ASIC revoked the FTX Australia license but will allow it to offer limited services for...
Digital asset regulation is incomplete, CFTC commissioner says
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21 July, 2023

Digital asset regulation is incomplete, CFTC commissioner says

Commissioner Kristin Johnson praises the CFTC's efforts to regulate the digital asset sector but stopped short by saying that current...
Indonesia launching national digital currency exchange in July: report
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21 July, 2023

Indonesia launching national digital currency exchange in July: report

Once Indonesia's national exchange goes live, all digital currency transactions must be processed through the exchange, according to Bappebti Chief...
UK watchdog: Memes are non-compliant with financial rules
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20 July, 2023

UK watchdog: Memes are non-compliant with financial rules

The FCA disclosed that the incoming rules would focus on the social media promotion of digital and other financial assets,...
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