Cointelegraph By David Attlee
On Oct. 12, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), part of the French Central Bank, published a summary of its public consultation on a regulatory framework for decentralized finance (DeFi).The public consultation lasted two months, from April to May 2023, in response to the initial...
On Oct. 12, DeCurret Holdings published a White Paper on the digital currency project DCJPY. The group of Japanese companies intends to launch the coin in July 2024.According to the White Paper, the DCJPY network will consist of two areas: the Financial Zone and the Business Zone. The former...
BarnBridge decentralized autonomous organization’s (DAO) members have conducted their voting on how to react to the United States Securities Exchange Commission’s (SEC) potential demands. The voting ended on Oct. 12 with an unanimous decision to comply with the SEC’s potential demands and pay fines if necessary. Tyler Ward and...
The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released an article on Decentralized Finance (DeFi) and its risks for the EU Market on Oct. 11. In a 22-page report, the ESMA admits the promised benefits of DeFi, such as greater financial inclusion, the development of...
One of the friendliest European jurisdictions to crypto, Cyprus, might bring its industry regulation to tighter standards. According to an Oct. 10 report by the Cyprus Mail, the local Ministry of Finance intends to amend the existing Prevention and Suppression of Money Laundering Law. The ministry has presented its...
On Oct. 3, United States District Court Judge Analisa Torres rejected the U.S. Securities and Exchange Commission’s (SEC’s) motion to appeal its loss against Ripple Labs, the company behind the XRP (XRP) cryptocurrency. Torres denied the SEC’s motion, claiming the regulator failed to meet the burden to show...
The United Kingdom’s financial markets regulator, The Financial Conduct Authority (FCA), had a busy Sunday on Oct. 8, as it added several crypto exchanges to its warning list of non-authorized firms that customers “should avoid.”A total of 143 new entities were added to the warning list, including major...
Ukraine's Ministry of Digital Transformation presented its regulatory roadmap for artificial intelligence (AI) on Oct. 7. This has been published on the Ministry’s website, and states that it's aimed at helping local companies prepare for adopting a law analogous to the European Union's AI Act. It also seeks to ...
The United Kingdom has an opportunity to capitalize on the departure of Web3 firms leaving the United States due to regulatory uncertainty. But to achieve that, the U.K. will need to follow its own regulatory path, smoothing the requirements for crypto in some regard, according to a think...
The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released a second consultative paper on Markets in Crypto-Assets (MiCA) mandates on Oct. 5. In the 307-page document, the ESMA seeks stakeholders’ input on five areas of MiCA, including sustainability indicators for distributed ledgers, disclosures of inside...
