The Financial Services Authority (FSRA), the regulatory arm of Abu Dhabi Global Market (ADGM) based in Abu Dhabi, has implemented amendments to …
Authority
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Regulation
U.S. Federal Reserve’s New Supervision Chief Will Wield Crypto Authority
by shayaanby shayaanThe Federal Reserve — a key regulator of U.S. banking — is about to have a new vice chairman for supervision, Michelle …
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Regulation
Pakistan Launches Digital Asset Authority to Regulate Crypto, Targeting $25B Market
by shayaanby shayaanPakistan creates PDAA to regulate crypto market, aiming to unlock $25 billion economic potential. PDAA will oversee Bitcoin, stablecoins, tokenized assets, wallets, …
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Regulation
US banking authority clears path for crypto services at national banks
by shayaanby shayaanThe Office of the Comptroller of the Currency (OCC) confirmed on May 13 that national banks are now authorized to engage in …
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Regulation
OCC reaffirms banks’ authority to offer crypto services without prior approval
by shayaanby shayaanThe Office of the Comptroller of the Currency (OCC) clarified on May 7 that federally chartered banks and savings associations may offer …
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A federal judge agreed to pause an ongoing lawsuit between 18 state attorneys general and a decentralized finance lobbyist group against the …
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Regulation
Iran intelligence authority officials accused of theft in Cryptoland corruption investigation
by shayaanby shayaanIran intelligence officials allegedly stole digital assets while pretending to investigate a corruption case. According to local outlet Iran International, the senior …
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India’s Income Tax Department could soon be getting a s fleeting number of digital surveillance powers, that would let them monitor and, …
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The Federal Tax Authority (FTA) of the United Arab Emirates (UAE) issued a clarification regarding VAT (Value Added Tax) for those dealing …
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Regulation
Japan’s Financial Authority to Strengthen Audit Practices in Financial and Crypto Sectors
by shayaanby shayaanJapan’s FSA plans to improve internal audits to match global standards and fix weaknesses in financial oversight. Unregistered crypto exchanges are under …