Regulation

Binance exits Canada citing increased regulation
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16 May, 2023

Binance exits Canada citing increased regulation

Binance joins fellow "crypto" exchanges Coinbase and Kraken in exiting the Canadian marketplace as the country tightens its regulatory muscle...
Burned and shunned by banking, digital assets are lurking in the shadows
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16 May, 2023

Burned and shunned by banking, digital assets are lurking in the shadows

The global financial stability is facing threats as digital asset players turn to shadow banks amid a spate of tech...
Hong Kong regulators warn incoming firms against ‘light touch’ approach
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16 May, 2023

Hong Kong regulators warn incoming firms against ‘light touch’ approach

Despite being seen as having a "friendly" stance toward VASPs, Hong Kong reiterates it would push for stringent but "reasonable"...
EU lawmakers edge closer to AI Act, taking aim at facial recognition, profiling
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15 May, 2023

EU lawmakers edge closer to AI Act, taking aim at facial recognition, profiling

Two committees in the European Parliament voted for the amended AI Act to crack down on biometric surveillance, emotion recognition,...
EU to extend tax data-sharing rules to digital assets
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15 May, 2023

EU to extend tax data-sharing rules to digital assets

Under the proposed DAC8, entities and individuals seeking to provide digital asset services in the EU would be mandated to...
Digital asset investment firm CoinFund white paper proposes ‘way forward’ for regulators
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15 May, 2023

Digital asset investment firm CoinFund white paper proposes ‘way forward’ for regulators

Web3 investment firm CoinFund announced a white paper outlining a proposed way forward for digital asset regulation in the United...