The new legislation will bring a licensing regime for the virtual asset service providers requiring them to pass strict AML and money laundering guidelines.
Hong Kong to subject crypto exchanges to the same laws governing TradFi [cointelegraph]


The new legislation will bring a licensing regime for the virtual asset service providers requiring them to pass strict AML and money laundering guidelines.

As stablecoins become widely used as a means of payment, Australia is preparing to regulate them accordingly.

Bad times for the Grayscale Bitcoin Trust get even worse this week as its discount to BTC/USD approaches 50% for the first time.

As part of a broader inquiry into FTX’s collapse, federal prosecutors are looking at the role that FTX and Alameda may have played in the fall of Terra.

The Bank of Spain said the study can help determine to what extent it can adapt to the “needs and demands of an increasingly digital society.”

A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector players for feedback on DeFi’s crime risks.

The pilot eAUD program is unique in that the Reserve Bank of Australia has not proposed use cases, and has received numerous suggestions from the industry.

Telegram has increased its security features by enabling support from anonymous blockchain-based numbers that go for around $16.

Genesis said it will take additional weeks to carve out a recovery path for its lending business.

The funds are made up of crypto held within custody accounts on Celsius that had not been transferred to Earn accounts.