# FCA highlights limited role as unregistered businesses continue to operate

# FCA highlights limited role as unregistered businesses continue to operate

” FCA highlights limited role as unregistered businesses continue to operate “ The number of unregistered cryptocurrency-related businesses continues to outweigh those signed up with the United Kingdom’s Financial Conduct Authority. Crypto.com became the latest business from the cryptocurrency ecosystem to register with the FCA, joining a list of a confirmed 37 companies with the green…

Read More
# 3 reasons why Bitcoin’s drop to K and the market-wide sell-off could be worse than you think

# 3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think

” 3 reasons why Bitcoin’s drop to $21K and the market-wide sell-off could be worse than you think “ On Friday, August 19, the total crypto market capitalization dropped by 9.1%, but more importantly, the all-important $1 trillion psychological support was tapped. The market’s latest venture below this just three weeks ago, meaning investors were…

Read More
# Aussie asset manager to offer crypto ETF using unique license variation

# Aussie asset manager to offer crypto ETF using unique license variation

” Aussie asset manager to offer crypto ETF using unique license variation “ Australian asset manager Monochrome Asset Management has landed the country’s first Australian financial services license (AFSL) for a spot crypto exchange-traded fund (ETF).  Speaking to Cointelegraph, Jeff Yew, CEO of Monochrome Asset Management, said the AFSL approval is significant, as until this…

Read More
# Tornado Cash shows that DeFi can’t escape regulation

# Tornado Cash shows that DeFi can’t escape regulation

” Tornado Cash shows that DeFi can’t escape regulation “ The U.S. Treasury’s Office of Foreign Assets Control (OFAC) issued sanctions against Tornado Cash this month, marking its first action against a decentralized finance (DeFi) mixer in what may prove to be a watershed moment for DeFi regulation. A lack of response and regulatory preparation…

Read More