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TuongVy Le, a partner and head of regulatory & policy at investment firm Bain Capital, says the agency is refraining from passing a rules-based framework and has to make it clear what digital assets it would deem compliant under its jurisdiction. Original Source
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Faustine Fleuret, president of crypto lobby group ADAN, told CryptoX the enhanced registration procedure was a “much more pragmatic approach” than the Senate's. But, she warned, a new requirement to have resilient and secure IT systems could prove difficult for small companies to meet and for regulators to police. Source
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“330 million Americans are our clients,” Gensler replied. “Kraken knew how to register, others know how to register, it's just a form on our website… And if they want to offer staking, we're neutral, come in register because investors need that disclosure.” Source
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The Policy Comms Director would be “responsible for shaping a communications narrative and creating impactful campaigns around corporate, regulatory and political developments impacting the company across the EU,” said a job ad posted on the Binance website, which also cites blogs and social media that would be designed to reach
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The issuance of anonymity-enhancing crypto like Zcash and monero are banned under the Emirate's new regulations for digital assets. Original Source
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According to the bill, the requirements that crypto companies will have to follow include the protection of users, the security and efficiency in the development of operations, the security of public savings and the prevention of money laundering, among others. Original Source
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The industry is keenly watching divergences from Brussels in areas like stablecoins, lending and bitcoin disclosures. Source
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The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will accept public feedback on the new regulatory proposals designed to govern digital assets like traditional finance. British Government Sets Out to Regulate
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India has kept its restrictive crypto tax rules unchanged in 2023. In fact, Finance Minister Nirmala Sitharaman did not mention crypto, virtual digital assets or central bank digital currencies or the digital rupee while unveiling the nation’s budget which indicates the latest tax rules. Source
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The Treasury also gave crypto companies a time limited exemption to approve their own crypto promotions until more regulation comes. Original Source
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