Tagged: regulation

November 11, 2025 @ 6:58 am By Omar Faridi  |  

Caroline Pham, the Acting Chairperson of the Commodities Futures Trading Commission (CFTC), has indicated that the regulatory agency is presently in talks with various regulated exchanges to potentially introduce spot cryptocurrency trading. This may include leveraged offerings and may be officially launched toward the end… Read More

October 21, 2025 @ 2:32 pm By Omar Faridi  |  

A thematic review on an international regulatory framework for crypto-asset activities has been released by the Financial Stability Board (FSB). The evolution and growth of crypto-asset markets highlights the importance of implementing the FSB’s recommendations for crypto-assets as well as global stablecoins. The report from… Read More

October 21, 2025 @ 1:29 pm By Omar Faridi  |  

British Columbia, which is one of Canada’s largest provinces in terms of overall population, recently noted that it intends to place a complete ban on any new Bitcoin and cryptocurrency mining operations. British Columbia said that it aims to prevent such initiatives from connecting with… Read More

October 21, 2025 @ 6:51 am By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is asking the US Treasury Department to update the existing anti-money-laundering rules, claiming that ongoing innovation instead of stricter enforcement measures is the answer to dealing with the rise of illicit finance in the nasent web3 and digital assets space. Coinbase Chief Legal… Read More

September 30, 2025 @ 9:30 am By JD Alois  |  

Earlier this month, the SEC’s Division of Trading and Markets and the CFTC’s Division of Market Oversight and Division of Clearing and Risk announced a project to coordinate efforts on spot crypto trading. The goal is to provide “regulatory clarity that best keeps blockchain-based innovation… Read More

September 29, 2025 @ 8:28 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) has recently communicated the publication of the Trusts and Trustees Act (Register of Beneficial Owners) (Amendment) Regulations, 2025. This forms part of Malta’s implementation of “the European Union’s (EU) Anti-Money Laundering Directive 6 (AMLD6) and the wider EU AML/CFT… Read More

September 18, 2025 @ 10:48 pm By Omar Faridi  |  

Abu Dhabi Global Market (ADGM) has made announcements that underscore a commitment to robust data protection and innovative financing for regional challenges. On one front, ADGM has introduced new rules aim to enhance privacy safeguards under its Data Protection Regulations 2021. On another, a strategic… Read More

September 5, 2025 @ 12:10 pm By JD Alois  |  

After years of negligence and obtuse rulemaking, the Securities and Exchange Commission (SEC) has announced a “new day” as the agency refocuses its energy on its job of efficient markets and capital formation. During the Gensler tenure, the Commission sought to alter markets in way… Read More

August 29, 2025 @ 2:59 pm By JD Alois  |  

Angel Studios, a values-driven online streaming service, is raising additional funds through an online securities offering. With the sale ending this weekend, Angel Studios reports having topped $47 million in a Reg A offering hosted by Rialto. Investors are purchasing common shares for a minimum… Read More

August 6, 2025 @ 3:46 pm By Omar Faridi  |  

In a new development for the digital banking industry, the Federal Deposit Insurance Corporation (FDIC) has issued new guidance that embraces the use of pre-filled customer data for Customer Identification Program (CIP) requirements, marking a shift in regulatory policy. This change, reportedly influenced by advocacy… Read More

July 18, 2025 @ 7:55 am By Omar Faridi  |  

The World Economic Forum launched the Global Regulatory Innovation Platform (GRIP) – an international initiative designed to strengthen how governments design and “adapt regulation in step with accelerating technological change.” Developed in partnership “with the United Arab Emirates’ General Secretariat of the Cabinet, GRIP comes… Read More

July 5, 2025 @ 9:33 pm By Omar Faridi  |  

The United Kingdom is taking steps to bolster its fintech sector by reducing bureaucratic hurdles, aiming to cement its position as a global leader in financial innovation. The newly established Regulatory Innovation Office (RIO) is collaborating with the Digital Regulation Cooperation Forum (DRCF) to simplify… Read More

July 5, 2025 @ 8:18 pm By Omar Faridi  |  

Abu Dhabi Global Market (ADGM), the international financial center of the UAE’s capital, continues to solidify its position as a hub for innovation, transparency, and accessibility in financial and legal services. Two recent developments underscore ADGM’s commitment to fostering an inclusive and progressive ecosystem: the… Read More

June 26, 2025 @ 8:29 am By Omar Faridi  |  

The Malta Financial Services Authority (MFSA) held a recent session for Crypto-Asset Service Providers (CASPs) on MiCAR Requirements on Market Conduct and the MFSA Expectations. Organized within months from the granting of the first MiCA licences in Malta, the informative session “brought together several market… Read More

June 25, 2025 @ 12:42 am By Omar Faridi  |  

The Bank for International Settlements (BIS) unveiled a new vision for the future of the global monetary and financial system, centered on a tokenized unified ledger. This innovative framework aims to reshape financial markets, payments, and monetary systems by leveraging tokenization to enhance efficiency, transparency,… Read More

June 13, 2025 @ 3:23 pm By Omar Faridi  |  

In a significant development for Canada’s financial technology sector, fintech companies are now navigating stricter regulations surrounding environmental claims under recent amendments to the Competition Act. As reported by the National Crowdfunding & Fintech Association (NCFA Canada), these changes, enacted through Bill C-59 in June… Read More

June 11, 2025 @ 10:17 pm By Omar Faridi  |  

Congressman William Timmons, a Republican from South Carolina, has fired off a letter to newly appointed SEC Chair Paul Atkins, demanding documents that shed light on the agency’s inconsistent handling of Ethereum (ETH) under former Chair Gary Gensler. Sent on June 10, 2025, this move… Read More

June 10, 2025 @ 10:33 pm By Omar Faridi  |  

The Financial Services Authority (FSRA) of ADGM announced the implementation of amendments to its regulatory framework for digital assets, with immediate effect. The implementation of these amendments follows “extensive industry engagement and feedback received on Consultation Paper No. 11 of 2024.” As stated in the… Read More

May 31, 2025 @ 3:08 pm By Omar Faridi  |  

The Banco Central do Brasil (BCB) announced a significant update to its regulatory framework, aimed at bolstering financial inclusion and modernizing access to banking services across Brazil. This move reflects the BCB’s ongoing commitment to fostering a more inclusive, efficient, and accessible financial system, particularly… Read More

May 27, 2025 @ 7:59 am By Omar Faridi  |  

The Consumer Financial Protection Bureau (CFPB) has decided to abandon its proposed open banking rule, prompting sharp criticism from the Financial Technology Association (FTA). The FTA, an advocate for fintech innovation, has labeled the move a “handout to Wall Street banks,” arguing it undermines efforts… Read More