by Jyotsna Bucktowar | Jul 18, 2025
Key provisions include mandatory 100% reserve backing with liquid assets such as U.S. dollars or short-term Treasuries, monthly public disclosures of reserve compositions, and strict marketing rules to prevent misleading claims about government backing. The Act also...
by Jyotsna Bucktowar | Jul 17, 2025
This enforcement action comes amid the FCA’s continued crackdown on unlawful crypto activities, highlighting that no crypto ATMs are legally registered in the UK. Therese Chambers of the FCA underscored that unregulated machines “support crime,” while Detective...
by AdrianaAMLP | Jul 15, 2025
AMLA expects all licensed crypto-asset service providers in the EU to implement comprehensive and effective anti-money laundering and counter-terrorist financing measures from the outset. The Authority emphasizes coordinated, risk-based supervision in partnership with...
by AdrianaAMLP | Jul 4, 2025
Operating between 2017 and 2019, the duo lured victims via cold calls and fraudulent websites, claiming to offer legitimate crypto investments. Bedi was sentenced to 5 years and 4 months, while Mavanga received 6 years and 6 months, including time for tampering with...
by Jyotsna Bucktowar | Jul 3, 2025
Key discussions centred on emerging threats from digital finance, including tokenisation, cross-border fraud, and the misuse of AI, while both sides pledged deeper collaboration on Project Guardian and Global Layer One to enhance oversight of tokenised markets. The...
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