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” IMF global financial stability report sees complex roles for cryptocurrency, DeFi “ According to the International Monetary Fund’s Global Financial Stability report released Tuesday, the war in Ukraine — following hard on the heels of the coronavirus pandemic — has led to a tightening of global financial conditions. Rapid changes in fintech and the…
” US Air Force files trademark application for ‘SpaceVerse’ initiative “ The United States Air Force has filed a trademark application hinting at the military branch potentially expanding into the metaverse. According to a Thursday application submitted to the U.S. Patent and Trademark Office, the Department of the Air Force trademarked the word “SpaceVerse,” defined…
” Blockchain.com co-founder thinks the EU and UK are ‘progressive’ crypto regulators “ Cointelegraph reporter Joseph Hall sat down with Nicolas Cary, the co-founder and president of Blockchain.com at the Paris Blockchain Week Summit, or PBWS, last week. Cary’s other roles include founding the Blockchain Commission for Sustainable Development and co-authoring a white paper called…
” Half of assessed jurisdictions don’t have ‘adequate laws and regulatory structures’ — FATF “ The Financial Action Task Force, or FATF, reported that many countries, including those with virtual asset service providers (VASPs), are not in compliance with its standards on Combating the Financing of Terrorism (CFT) and Anti-Money Laundering (AML). In a report…
” ‘There are already digital means of payment:’ EU Commission gets 11,000 public comments on CBDC project “ In less than two weeks that passed since the European Commission opened its “Digital euro for the EU” initiative up to public consultation, more than 11,000 individuals and organizations left their feedback on the website. The feedback…
” Four years on, Telegram’s blockchain project gains ground in Africa “ It was 2018 when privacy-focused messaging platform Telegram announced that it was in the process of building a blockchain-based decentralized computer network technology called The Open Network (TON). However, following a lengthy litigation battle that lasted until May 2020 with the United States…
” Indian minister wants global crypto rules to curtail money laundering risk “ Indian Finance Minister Nirmala Sitharaman in her address to the International Monetary Fund called for a global cryptocurrency framework to keep a check on the use of cryptocurrencies for illicit activities. LIVE NOW: A panel discussion on the policy challenges and opportunities…
” Ireland bans political crypto donations on foreign interference fears “ Donations made to political parties using cryptocurrencies will be banned in Ireland under new political integrity laws drafted due to concerns around foreign interference in politics. Amendments proposed by Minister Darragh O’Brien also cover rules around foreign donations, misinformation, and other transparency requirements for…
” BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York “ The cost of running a crypto business in New York is about to rise with the state government gearing up to require companies holding a BitLicense to pay assessment fees to ensure they’re complying with regulations. The rule was included in…
” Andre Cronje sees a ‘necessity for regulation’ ahead of crypto’s new era “ Andre Cronje, former Fantom Foundation technical adviser and Yearn.finance founder, resurfaced on Monday via Medium after announcing his departure from the DeFi and crypto space last month. In a post titled “The rise and fall of crypto culture,” Cronje expressed his…