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FCA consults on new rules for cryptoasset trading platforms to boost transparency, protect consumers, and align with traditional finance, as part of its bold Crypto Roadmap – open until 13 June 2025

by AdrianaAMLP | May 2, 2025

The discussion paper covers key areas like intermediaries, DeFi, staking, lending, and use of credit to buy crypto, ahead of incoming legislation. The FCA aims to create a regulatory regime that: provides clarity for firms and encourages innovation in the crypto...

Coin Telegraph: EU will ban anonymous crypto accounts and privacy coins by 2027, strengthening AML regulations and oversight of crypto service providers

by Jyotsna Bucktowar | May 2, 2025

The European Union has announced a significant move to combat money laundering and illicit activities within the cryptocurrency space, with plans to ban anonymous crypto accounts and privacy coins by 2027. This decision comes as part of broader efforts to strengthen...

CCN: Bank of Italy highlights global financial dangers and threats to Europe’s monetary sovereignty as US crypto surge intensifies

by Jyotsna Bucktowar | Apr 30, 2025

In a recent report, the Italian central bank warned that the surge in US crypto activity, particularly following the U.S. presidential election, could pose substantial financial risks to global markets. The rise of stable coins like Tether and USDC, which are pegged...

HMT’s new draft crypto rules aim to clamp down on fraud ensuring stricter regulatory oversight, transparency and consumer protection while positioning the UK as a global digital asset hub

by Jyotsna Bucktowar | Apr 29, 2025

This move comes as part of the government’s broader strategy to position the UK as a global leader in digital finance while ensuring that consumers are safeguarded from the risks associated with unregulated crypto activities. Under these new regulations, firms dealing...

Federal Reserve Board ends advance crypto reporting thereby withdraws oversight letters and moves toward integrated supervision of digital asset activities

by Jyotsna Bucktowar | Apr 24, 2025

The Federal Reserve Board has announced a significant shift in its approach to overseeing crypto-related activities by ending the requirement for state member banks to provide advance notice of their involvement in crypto-asset and dollar token operations. This move...
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