UK Treasury Rejects Call to Regulate Crypto Trading as Gambling, Favors Financial Services Framework
The UK Treasury firmly rejects parliamentary committee's call to regulate consumer trading of unbacked cryptocurrencies as gambling.
Financial Stability Board Publishes Global Regulatory Framework for Crypto-Asset Activities
The Financial Stability Board (FSB) has unveiled a comprehensive global regulatory framework for crypto-asset activities, centering around the principle of 'same activity, same risk, same regulation'.
US Judge Rules in Favor of Ripple in Securities Case, XRP Soars in Price
In a significant victory for the cryptocurrency industry, a US judge has determined that Ripple's sale of the XRP token on public exchanges and through algorithms did not violate federal securities law.
NZ regulator consults on new rules for boosting operational and cyber resilience
Source: New Zealand Financial Market Authority
The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – today released a consultation document on its proposal to introduce a new standard condition for certain financial market licence holders.
JPMorgan Chase Fined $4 Million by SEC for Accidental Deletion of 47 Million Email
SEC Fines JPMorgan Chase $4 Million for Accidental Deletion of 47 Million Emails.
ADGM implements sustainable finance regulatory framework
Source: ADGM
Abu Dhabi Global Market (ADGM) today announced the implementation of its sustainable finance regulatory framework with immediate effect, following significant support received through public consultation, reinforcing its position as a leading sustainable financial hub and a natural hub for sustainable finance activities.
UK regulators set out next steps to help UK open banking grow
Source: FCA
The Joint Regulatory Oversight Committee (JROC) has today set out an ambitious programme of work to take forward recommendations for the next phase of open banking in the UK.
UK Parliamentary Group Urges Urgent Cryptocurrency Regulation and Appointment of 'Crypto Tsar
After conducting a thorough 10-month inquiry, a bipartisan group of Members of Parliament (MPs) and Lords in the UK Parliament has called for immediate regulation of the cryptocurrency sector and the appointment of a 'Crypto Tsar' to coordinate the government's approach.
