Singapore proposes new crypto custody rules

The Monetary Authority of Singapore (MAS) has announced a package of reforms intended to enhance consumer protections for users of...

UK brings crypto within regulatory perimeter

The Financial Services and Markets Act 2023 (FSMA) was formally adopted into UK law on 29 June 2023 upon receiving royal assent. The...

Show me the crypto! EU agrees rules for banks’ crypto holdings

Following a negotiation between the European Parliament, the Council and the Commission of the European Union (EU) on the 27th of June,...

ATO drops GST guidance for crypto

The Australian Taxation Office (ATO) has released new public guidance addressing the application of goods and services tax (GST) on...

FTX reports new details of collapse, sets bar date for claims

Last week, the bankruptcy advisors to the collapsed crypto-exchange FTX filed a second interim report detailing their investigations into...

Singapore proposes common standards for digital money

On 20 June 2023, the Monetary Authority of Singapore (MAS) published a whitepaper proposing common conditions and standards for the use...

State of Crypto Report: The institutions keep coming

52% of Fortune 100 companies have pursued crypto, blockchain or web3 initiatives since the start of 2020, according to research conducted...

AI-generated news sparks false rumours of SEC Chair’s resignation

Fake news surrounding the resignation of Gary Gensler, chair of the SEC, has once again been making waves on social media. This time,...

US plans to form Digital Currency Crimes Task Force

On 20 June the United States officially announced their plans to establish a Darknet Marketplace and Digital Currency Crimes Task Force....