• 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.”

  • Kraken gets banking license
    Cryptocurrencies,  Regulation

    Release the Kraken! Exchange wins bank charter approval in ‘world first’

    Its new service, Kraken Financial, could make it easier for consumers to pay their bills and even receive their salaries in crypto

    Its new service, Kraken Financial, could make it easier for consumers to pay their bills and even receive their salaries in crypto

  • SEC fines Rapper T.I.
    Regulation

    SEC fines Rapper T.I. $75,000 over fraudulent FLiK, CoinSpark ICOs

    The Atlanta recording artist formally known as Clifford Harris Jr. promoted the two ICOs, which were frauds created by film producer Ryan Felton, who is also facing criminal charges

    The Atlanta rapper, whose real name is Clifford Harris Jr., film producer Ryan Felton, and three others were charged in the civil action over the ICO for FLiK, a streaming video platform that was going to use tokens to allow viewers to buy movies, and CoinSpark, a cryptocurrency exchange.

  • Regulations for crypto firms relaxed
    Regulation

    Boost for big crypto firms as 48 states streamline regulations

    By joining their licensing process, the states have made it far easier for cryptocurrency firms and other fintechs, which until now had to apply for licenses on a state-by-state basis

    This means that 78 of the country’s biggest fintech companies—including cryptocurrency exchanges like Binance US as well as the likes of PayPal and Western Union—will now only need to undergo one comprehensive exam to unlock access to all of these territories.

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