# Dubai financial regulator working on regulations for cryptocurrencies

# Dubai financial regulator working on regulations for cryptocurrencies

“# Dubai financial regulator working on regulations for cryptocurrencies ” The Dubai Financial Services Authority, the financial regulatory agency for the special economic zone, the Dubai International Financial Centre, is looking to enhance local cryptocurrency-related regulations. The DFSA is planning to introduce a regulatory framework for diverse digital assets as part of its 2021–2022 business…

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# DeFi’s death by a thousand cuts

# DeFi’s death by a thousand cuts

“# DeFi’s death by a thousand cuts ” One rule at a time, decentralized finance is gradually being outlawed. It is not that governments specifically aim to make it illegal. Rather, every proposal that comes out lately seems to enact rules that are impossible for decentralized finance to meet. The United States The most recent…

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# British financial advisor calls on the gov’t to ban crypto transactions

# British financial advisor calls on the gov’t to ban crypto transactions

“# British financial advisor calls on the gov’t to ban crypto transactions ” Neil Liversidge, a veteran financial advisor, has called on the government of the United Kingdom to ban transactions in cryptocurrencies like Bitcoin (BTC). Liversidge, the owner of the independent financial advisory firm West Riding Personal Financial Solutions, started a petition urging local…

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# Treasury backs down: Crypto monitoring rule will wait until new administration

# Treasury backs down: Crypto monitoring rule will wait until new administration

“# Treasury backs down: Crypto monitoring rule will wait until new administration ” In response to a deluge of comments, the United States Treasury Department’s Anti-Money Laundering office is slowing its roll on a rushed proposal to monitor a whole new range of cryptocurrency transactions. On Thursday, the Treasury’s Financial Crimes Enforcement Network, or FinCEN,…

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# Former Coinbase compliance exec joins BitGo as new CCO

# Former Coinbase compliance exec joins BitGo as new CCO

“# Former Coinbase compliance exec joins BitGo as new CCO ” BitGo, a major digital asset custody and security company, has hired a former compliance executive of Coinbase. Jeff Horowitz, Coinbase’s former chief compliance officer, is joining BitGo as its new chief compliance officer, the firm announced Jan. 13. Horowitz joins BitGo after serving the…

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