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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The French financial regulator, the Autorité des marchés financiers (AMF), has announced changes to its rules governing digital asset service providers (DASPs) in France. The amendments aim to incorporate upcoming European Union regulations on crypto-assets
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In its filing, the SEC noted that Ripple will have to respond by Aug. 16, 2023 (a week from the letter's filing), and proposed filing an opening brief laying out the appeal on Aug. 18. Ripple would have two weeks to respond, and the SEC would have another week to
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At the moment, the European data authorities are investigating Worldcoin's data flows, the pseudonymization of personal data, such as the biometric iris scans, as well as the transparency and fairness around users' consent, said Will. Worldcoin is expected to respond to the authorities' latest information request by September, at which
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The Securities and Futures Commission (SFC) of Hong Kong issued a notice about unlicensed virtual asset trading platforms “engaging in improper practices,” warning of potential criminal charges.In an Aug. 7 notice, the SFC said certain trading firms had falsely claimed to have submitted applications for licenses in Hong Kong. The
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The Sultanate of Oman is inching closer to launching its own virtual asset regulations, with its financial markets regulator seeking public comments on its proposed regulatory framework governing digital assets, such as cryptocurrencies.The Capital Market Authority of Oman is currently in the process of drafting a comprehensive regime for the
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Social investing platform eToro's Australia entity (eToro Aus Capital Limited) has been sued by Australia's markets regulator. Source
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Australia’s financial regulator has sued trading platform eToro over one of the leveraged trading products it offered to retail investors, alleging inappropriate screening tests caused thousands of users to lose money.The Australian Securities and Investments Commission (ASIC) said on Aug. 3 it commenced Federal Court proceedings over eToro’s contract for
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What angered Bity is FINMA tightening know-your-customer (KYC) rules. Anyone using a Bitcoin ATM in Switzerland must now do a KYC check – in other words, reveal their identity – if they transact more than 1,000 francs (about $1,150) over a 30-day period. This is being implemented in an undemocratic
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The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Worldcoin (WLD) project, which has gained notoriety due to its controversial iris-scanning biometrics, is currently being investigated by France’s data privacy regulatory agency. The Commission Nationale de I’informatique et des Libertés (CNIL), an agency in France
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