Regulation

OP-ED BY SEAN MICHAEL BREHM, CHAIRMAN OF SPECTRAL CAPITAL (FCCN):

Crypto, Regulation, and the Path Forward: Bridging the Gap with Visionary Innovation The FDIC's tough stance on crypto banking has sparked a debate. It highlights a bigger problem. There needs to be more custodianship and accountability in a new but promising sector. Crypto needs clear rules to thrive, and banks need certainty to innovate. But, regulatory overreach or underreach risks derailing progress. We are at a critical juncture where innovation and trust must align. The FDIC's hesitation reflects real concerns about volatility and fraud in crypto. But, it also exposes

Crypto.com Announces Acquisition of Fintek Securities Pty Ltd.

Monday 18 November 2024, Melbourne - Crypto.com announced today the acquisition of Fintek Securities Pty Ltd. (Fintek), a brokerage service and trading company that holds an Australian Financial Services Licence and is regulated by the Australian Securities and Investments Commission. With this acquisition, the Crypto.com family of companies will be able to offer eligible users a broad range of financial products, including deposit products, derivatives, securities, foreign exchange, managed investment schemes and more. This acquisition marks the second by Crypto.com that will enable traditional brokerage capabilities through the Crypto.com family

PAWPRO: Leading the Way in Pet Health Amid Political Divides A Nation of Dog Lovers Finds Common Ground in Pet Welfare. Because a nation that cares for its dogs cares for its future.

  On a quiet morning in Arlington, Virginia, Julia Martinez takes her golden retriever, Max, for their daily walk. Passing their local dog park, Julia reflects on how Max, a rescue, has thrived thanks to recent animal welfare policies. Like many, Julia sees Max as family, not just a pet. And in an increasingly divided political landscape, there’s one surprising area of bipartisan unity: caring for dogs. Both Republicans and Democrats, often seen as ideological opposites, have found common ground in protecting “man’s best friend.” From enforcing laws that target

Speculation on the Bad Actors Behind the Compound Finance Exploit: Who’s Really to Blame?

The recent governance exploit on Compound Finance, leading to a staggering $25 million loss, has sparked a fierce debate within the crypto community. Who are these elusive perpetrators, and what are their motives? While concrete evidence remains elusive, we can delve into the murky waters of speculation, examining potential bad actors and their motivations. Brace yourselves—this analysis is bound to stir strong opinions. Potential Bad Actors: Who Could Be Behind the Exploit? Insider Threats: The Betrayers Within Understanding of the System: Let’s not kid ourselves—those with insider knowledge of Compound

Blockchain Australia evolves to Digital Economy Council of Australia (DECA) to advocate for Australia’s growing digital economy

MEDIA RELEASE • The digital activity share of the Australian economy is expected to increase to 10% by 2030 (from 6.1% in 2020-21) • Expands membership categories to fully represent the multifaceted aspects of the digital economy • Amy-Rose Goodey will lead DECA as Managing Director, as CEO Simon Callaghan returns to the industry • Aims to address top industry concerns: Fit-for-purpose regulation (88%), lack of credible information (82%) and attracting the best talent (78%) SYDNEY, Tuesday, 11 June 2024: Blockchain Australia, the leading industry association advocating for blockchain technology

Blockpass Heralds Cutting Edge Compliance Automation – Advanced KYC Bot(TM)

HONG KONG, Jan 18, 2024 - (ACN Newswire) - Blockpass is proud to reveal a brand-new automation advancement that will see the KYC experience for its customers improved even further with the introduction of the Advanced KYC Bot(TM). Included as standard for all Managed Service add-on clients, the handy new bot will automate the KYC process even further, reducing the time and effort required for compliance by monitoring and processing flags to KYC profiles. Also available on a standalone basis for Enterprise customers, the Advanced KYC Bot(TM) builds on the capability

Unveiling the Inaugural Global Protocol Report: A Comprehensive Analysis of Blockchain Protocols that is Poised to Aid WEB3 Decisions

Crypto Oasis, Crypto Valley, the DLT Science Foundation and Inacta Ventures Join Forces in a Groundbreaking Initiative that Will Help Navigate the Blockchain Trilemma Highlights: The report has unprecedented transparency and clarity, granular insights, and an evolving analysis of DLT protocol attributes. It will help industry experts and novices gain foundational knowledge on DLT concepts, WEB3 ecosystem infrastructure, the evolution of the Blockchain landscape, and the role of capital, talent, infrastructure, and regulations in WEB3 innovation. The Global Protocol Report introduces a comprehensive framework for assessing the maturity of DLT

Walking the Tightrope

As we stand on the verge of a new era in crypto, it’s crucial to reaffirm the importance of decentralization. Beyond being a mere aspiration, decentralization serves as the lifeblood of the crypto world, standing as the pivotal force that draws the line between freedom and control. Amidst the hype surrounding the impending approval of a spot Bitcoin ETF in the United States, accompanied by the influx of capital from behemoths like BlackRock, the immediate market surge raises a serious question for the future of crypto. Are people here for

Zumo first to launch platform built to meet the tech requirements of the FCA’s new Financial Promotions Regime for Crypto Assets

The award-winning platform has set a new benchmark in consumer protection and regulatory alignment With some UK operators having to pause activity, Zumo’s financial promotions technical flow is now also available through its B2B API to support unregistered firms with remaining compliant after the 8 October deadline [London/Edinburgh - Friday 29 September 2023] Zumo, the UK-based digital-asset-as-a-service platform, has announced a significant industry milestone as it becomes the first digital asset platform to have integrated tech based requirements of the Financial Conduct Authority’s (FCA’s) new financial promotions regime for cryptoasset

The Tightrope of Regulation

In a significant move at the recent G20 meeting in India, the International Monetary Fund (IMF) and the Financial Stability Board (FSB) released a joint paper outlining a framework for the global regulation of cryptocurrencies. While the proposals mostly tread familiar territory, what’s new is their conviction in crypto’s unstoppable growth and success. A flurry of optimism greeted the G20’s endorsement of the report because it advocates that countries don’t ban crypto. Hidden in its text, however, are some worrying signs. For example, on the first page, they state, “Widespread