The U.K. government is preparing to introduce new legislation covering crypto staking, stablecoin, exchange and custody services by June or July 2024. The nation's Economic Secretary, Bim Afolami, reportedly announced this at the Innovative Finance Global Summit on Monday, April 15. Afolami stated that active efforts are underway to finalize ...
The United States Treasury Department has requested more enforcement authority against international digital asset service providers in its efforts to ensure national security, according to a recent report by Bloomberg. The Treasury's deputy secretary, Adewale O. Adeyemo, reportedly wrote in his testimony as he prepared to appear before the U.S. ...
The U.S. House Financial Services Committee, during its hearing on Thursday, February 29, 2024, moved to advance legislation that minimizes the U.S. Securities and Exchange Commission's oversight on crypto and digital assets. The legislation was initiated by U.S. Representatives Wiley Nickel and Mike Flood, and it aims to capitalize on ...
Japan's Financial Services Agency (FSA) and the National Police Agency (NPA) have recommended measures to encourage mainstream banks to enhance customer protection, especially with transactions involving cryptocurrencies. In a press release published on February 14, 2024, the FSA emphasized the disturbingly high number of cases involving specialized fraud and noted ...
Former British Finance Minister George Osborne has taken on the role of a global advisor at Coinbase, according to a new report from CNBC. Osborne, who served as Chancellor of the Exchequer from 2010 to 2016, brings a wealth of experience in economic policy to the cryptocurrency exchange. Coinbase Chief ...
