Do bitcoin developers have a fiduciary duty to bitcoin owners? A company managed by the infamous Craig Wright claimed so. The main claim boiled down
UK crypto hub plans; criticism on EU KYC plans; Binance not subject to US fed. securities laws, says court; and UK court finds no fiduciary
After the DeFi reports from the OECD and the Financial Stability Board earlier this year, there’s a new kid in town: IOSCO’s DeFi report. IOSCO
DeFi copies TradFi risks, says IOSCO; next EU battle = KYC; more trouble for interest-bearing crypto products in US; Dubai gets crypto.com hub; de-banking lawsuit
Russia U-turn on crypto? EU MiCA close to fast-track, India nears crypto tax vote, OECD releases crypto tax consultation, are DAOs an existential threat to
EU Parliamentary committee votes on MiCA draft; UK FCA warns Bitcoin ATMs; Ukraine adopts Virtual Assets Bill; Israeli banks cannot flatly refuse crypto clients; Guernsey
Do bitcoin developers have a fiduciary duty to bitcoin owners? A company managed by the infamous Craig Wright claimed so. The main claim boiled down
UK crypto hub plans; criticism on EU KYC plans; Binance not subject to US fed. securities laws, says court; and UK court finds no fiduciary
After the DeFi reports from the OECD and the Financial Stability Board earlier this year, there’s a new kid in town: IOSCO’s DeFi report. IOSCO
DeFi copies TradFi risks, says IOSCO; next EU battle = KYC; more trouble for interest-bearing crypto products in US; Dubai gets crypto.com hub; de-banking lawsuit
Russia U-turn on crypto? EU MiCA close to fast-track, India nears crypto tax vote, OECD releases crypto tax consultation, are DAOs an existential threat to
EU Parliamentary committee votes on MiCA draft; UK FCA warns Bitcoin ATMs; Ukraine adopts Virtual Assets Bill; Israeli banks cannot flatly refuse crypto clients; Guernsey
“Establishing clear regulatory expectations will be paramount to give this market an opportunity to grow and mature in a responsible manner,” said Jelena McWilliams. Read
A further tightening of cryptocurrency regulation in South Korea is underway, with new rules for banks and crypto exchange operators. Read MoreCointelegraph.com NewsCryptocurrencies, Bitcoin Regulation,
Banks with a national charter can already custody crypto, according to the OCC. Texas says that’s true of its state-chartered banks as well. The Texas
The FDIC issued a request for public input to get more information on the industry and consumers’ interests in the market. The FDIC issued a
Nebraska is contemplating a bill that will allow state banks to offer cryptocurrency services. (Read More)Read MoreBlockchain NewsFinance, NEBRASKA, UNITED STATES, CRYPTOCURRENCY, BITCOIN
As Argentina attempts to halt the devaluation of its national currency, government authorities have crypto users on their radar. By Jeff Benson In brief Argentina
Source: Jake Chervinsky, Crypto Law & Policy Newsletter, Q1 2021 in Review. The industry made progress toward mainstream adoption of stablecoins as the OCC authorized
