Crypto bank Anchorage Digital has announced a partnership with stablecoin minting protocol M0 in order to expand its stablecoin issuance offerings. The first federally chartered crypto bank, Anchorage Digital, is seeking to become the primary source serving what it calls the “growing universe of stablecoin builders” as they look to mint and manage regulated stablecoins. The offering comes at a time when more and more fintechs, financial institutions, and payment providers are using digital dollars in their core products. Western Union, for example, recently launched its own stablecoin, USDPT. With stablecoins now regulated in the U.S. under the GENIUS Act, companies interested in issuing stablecoins face stringent compliance requirements. A…
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Huobi founder Leon Li's company appears to be having a problem with the Seychelles, where the exchange is registered (Photo: Huobi Group)Where in the world is Huobi?
The Seychelles financial regulator warned that a company that ‘appears to be affiliated’ with crypto exchange Huobi Global is not licensed in its jurisdiction
The regulator then said it “hereby informs the public that the aforementioned IBC does not hold any license issued by the FSA to undertake such type of activity” and “is not being regulated by the FSA nor has it been in the past.”
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Is a mining pool filtering out "nefarious" transactions on Bitcoin's blockchain a threat or a step forward? (Photo: Pixabay/Gerd Altmann)Blockseer’s new mining pool: Compliance or censorship?
DMG Blockchain Solutions is creating a mining pool that will filter out “nefarious” transactions using tools like the U.S. Office of Foreign Asset Control’s BTC address blacklist
Former Monero lead maintainer Riccardo Spagni—who has 117,000 followers on his @Fluffypony Twitter account—called out Blockseer’s new mining pool for “advertising that it censors transactions as a key selling point.”
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SEC wants big data tools for monitoring and enforcing cryptocurrency market compliance
Move is latest series of steps by regulator to bring clarity and less confrontational approach to regulations enforcement
The U.S. Securities and Exchange Commission wants to know if the technology to help it monitor major cryptocurrency blockchains for risk and regulatory compliance issues exists.
