• Post-election crypto regulation
    Cryptocurrencies,  Regulation

    SEC’s Hester Peirce: Post-election crypto regulation needed

    From stablecoins to decentralized exchanges, regulators are struggling to regulate a moving target said the SEC Commissioner known as “Crypto-Mom”

    One concern that the agency has with the regulation of cryptocurrency assets is that while promoters stress the advantages they bring by eliminating intermediaries, securities regulators have long worked with intermediaries in functions such as anti-money-laundering and are comfortable with them.

  • Europe regulate crypto assets
    Cryptocurrencies,  Europe,  Regulation

    Europe unveils plans to regulate cryptocurrencies. It’s good news and bad news

    While the proposed measures will make it easier for crypto companies to operate across the EU, global stablecoin issuers are going to face ‘stringent requirements’

    Under the new rules, a fintech company that obtains a license to operate in one EU nation will be able to provide services in the trading bloc’s 26 other member states automatically.

  • four years crypto rules
    Cryptocurrencies,  Regulation

    EU: four years to provide clear crypto asset regulations

    New documents suggest that putting rules in place governing the use of stablecoins and cryptocurrencies will not happen until 2024

    The goal is to make it faster, easier and less expensive to use digital assets like cryptocurrencies and stablecoins throughout the eurozone by providing a regime of “same risk, same rules, same regulation.”

  • Bank’s stablecoin used for eCommerce
    Alt coins,  Cryptocurrencies

    In world first, bank-issued stablecoin used at online retailer

    Sygnum’s digital Swiss franc was used to buy an iPad from Digital Galaxus, Switzerland’s largest online retailer

    A financial institution focused on digital assets says it has successfully completed the world’s first eCommerce transaction using a bank-issued stablecoin.