The EU's new MiCA regulatory rules have come into full effect, with 244 crypto asset service providers completing registration.
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EU banking watchdog calls for crypto lending rules under MiCA
The EBA outlined potential rules for crypto lending and firms providing access to DeFi protocols as part of the European Commission’s MiCA review.
Deutsche Bank awaits regulatory nod to launch institutional crypto custody solutions
Germany’s largest bank is awaiting regulatory approval to launch institutional custody solutions for Bitcoin, Ether and select stablecoins before expanding into tokenized assets.
EU cyber rules put crypto wallet makers on 24-hour reporting clock
Crypto wallet providers must submit an early vulnerability report within 24 hours and a full notification within 72 hours of exploits, or risk administrative fines of as much as $17.3 million.
South Korea weighs crypto market makers after JPYC trades at 4 times peg
Crypto market making is effectively restricted under South Korea’s manipulation rules, but regulators are reconsidering the approach after a JPYC spiked on Upbit this month.
Exchanges reporting crypto gains to IRS becomes tax nightmare
The IRS can now see your crypto gains, but has no idea about the cost-basis. That’s proving to be a big headache for some cryptocurrency investors.
CFTC updates guidance on tokenized assets, blockchain records after failed vote
Although the CFTC chair did not say the failed vote on the CLARITY Act was behind new rules for authorized crypto entities, he said the move was “to provide regulatory clarity.“