Regulation

Canada’s financial regulator wants banks to limit digital currency exposure to 2%
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3 August, 2023

Canada’s financial regulator wants banks to limit digital currency exposure to 2%

The OSFI has published new guidelines for insurers and banks on dealing with digital assets, with more lenience for traditional...
AIBC Asia Summit sets the stage for digital currency regulation in the Philippines and the world
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3 August, 2023

AIBC Asia Summit sets the stage for digital currency regulation in the Philippines and the world

AIBC Asia Summit Day 1 saw experts in the digital currency field talk about the regulatory issues that needed to...
South Korea forms new unit to combat digital currency bad actors
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3 August, 2023

South Korea forms new unit to combat digital currency bad actors

South Korea intensified efforts to combat digital currency misconduct by introducing a specialized crime-fighting unit probing digital currency offenses like...
GitHub, other tech firms petition against EU’s strict open-source AI Act
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2 August, 2023

GitHub, other tech firms petition against EU’s strict open-source AI Act

GitHub and tech allies, including Hugging Face, Creative Commons, and EleutherAI, unite against the European Union’s AI Act and file...
US Congress debates stablecoins, self-hosted wallets as privacy vs AML debate rages on
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2 August, 2023

US Congress debates stablecoins, self-hosted wallets as privacy vs AML debate rages on

Debates on regulating digital assets rage on, with officials from the U.S. finding it hard to find common ground that...
Bipartisan bill to crack down on ‘crypto’ money laundering, terrorist financing reintroduced to US Senate
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2 August, 2023

Bipartisan bill to crack down on ‘crypto’ money laundering, terrorist financing reintroduced to US Senate

Recognizing the threat of "cryptocurrencies," U.S. lawmakers released a bill fortifying existing AML/CFT rules governing the financial system to help...
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