United Kingdom announces immediate ban on cryptocurrency donations to political parties
The United Kingdom has imposed an immediate ban on all cryptocurrency donations to political parties following concerns over transparency and foreign influence.
Policy
Awaken Tax founder Duca on crypto tax enforcement: ‘This marks what I’d call the beginning of the end for crypto tax avoidance not just in the US but worldwide’
Andrew Duca of Awaken Tax said new rules signal ‘the beginning of the end for crypto tax avoidance’ as U.S. brokers issue Form 1099-DA statements for digital assets.
General Counsel Le on stablecoin debate: ‘The fight over yield-bearing stablecoins isn’t really about stablecoins. It is about deposits, and about who gets paid on them’
Tuongvy Le of Veda Labs said debates over yield-bearing stablecoins center on control of deposits rather than just cryptocurrency policy.
Independent Community Bankers of America Chairman Paintner on stablecoin rules: ‘extend this important prohibition to crypto exchanges, affiliates, and other intermediaries’
Kevin Paintner of Independent Community Bankers of America called for Congress to extend prohibitions on yield-bearing payment stablecoins beyond issuers to include crypto exchanges and intermediaries.
CEO of LVMH on French taxation policy: It is ‘an incentive for offshoring’
Bernard Arnault, chairman and CEO of LVMH Moët Hennessy Louis Vuitton SA, has expressed concerns over France’s newly proposed tax measures.
Financial security expert on Russian money laundering crackdown: ‘You can’t move large sums into crypto without people noticing’
Nils Andersen-Röed, Head of Binance’s Financial Intelligence Unit and former Europol investigator, said that blockchain’s transparency is a “powerful tool” against illicit activity.
The Digital Chamber: EU’s MiCA framework has positioned the EU as a leader in the global stablecoin landscape
The Digital Chamber (TDC) has said that the European Union’s Markets in Crypto-Assets (MiCA) framework has established the EU as a leader in the global stablecoin landscape, offering regulatory certainty…
Adan President speaks at Patrimonia 2024 Investment Management Exhibition
Faustine Fleuret, President of Adan as well as the Jury of the Patrimonia Trophies, spoke at the Patrimonia 2024 Investment Management Exhibition event on the topic of “how to integrate…
European Crypto Initiative: ‘Digital systems require clear guidance, which can come through effective crypto regulation’
The European Crypto Initiative (EUCI), a blockchain advocacy group, said that blockchain serves as a platform for digital services but requires clear guidance through effective crypto regulation. EUCI shared their…
European Crypto Initiative Team said: MiCA is ‘critical… to regulate the rapidly evolving crypto-asset market with the EU.’
The European Crypto Initiative (EUCI), a blockchain advocacy group, said that the MiCA Regulation aims to create a harmonized regulatory framework for crypto-assets. EUCI shared their statement on a September…
The European Crypto Initiative Team: ‘Big changes are coming to the crypto world in the EU, and it all starts with #MiCA’
The European Crypto Initiative (EUCI), a European blockchain advocacy group, stated that the Markets in Crypto-Assets (MiCA) regulations are poised to bring significant changes to the crypto world within the…
Dimitrios Psarrakis, former EU Economist, on U.S. crypto regulations: ‘I see the footprint of MiCA in every suggestion.’
Dimitrios Psarrakis, a former EU economist, stated that U.S. lawmakers are attempting to align with the EU’s crypto regulations as established by the Markets in Crypto-Assets legislation. Psarrakis shared his…
European Crypto Initiative: ‘latest guidance from FINMA on the issuance of stablecoins has sparked a lot of discussion’
The European Crypto Initiative (ECI) announced that its policy expert Vyara Savova contributed to an analysis of the new stablecoin guidelines published by FINMA, the Swiss Financial Market Supervisory Authority.…
Circle announces compliance with European Union Markets in Crypto-Assets regulations
The global financial technology firm announced they are the first global stablecoin issuer to be in compliance with the European Union’s (EU) Markets in Crypto-Assets (MiCA) regulatory framework which came…
Teng: Binance is preparing ‘for any shifts in policy that might come with new leadership’
Binance CEO Richard Teng stated that the company is preparing for potential changes in France’s crypto-related policies following the country’s upcoming elections. Teng shared his statement during a June 17…
Binance announces changes to follow new stablecoin rules
The European Union’s Markets in Crypto-Assets (MiCA) framework will enforce new rules regarding stablecoin beginning on June 30, 2024. Binance has announced changes they will be making to ensure alignment…