Regarding DeFi, the FCA said that the proposed guidance “seeks to clarify existing rules rather than establish new policy.” “DeFi sits among …
watchdog
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“AI therefore requires our continued close attention alongside careful management by financial institutions,” Bailey wrote. The FSB submitted the letter to Group …
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Markets
Global financial watchdog calls for cross-border information sharing, planning for stablecoin crisis
by shayaanby shayaanCoins jointly issued by multiple companies can trap reserves in one jurisdiction while redemption demands hit another, complicating cross-border crisis response. www.coindesk.com
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Regulation
Safe investor asks Swiss watchdog to intervene in governance dispute
by shayaanby shayaanThe governance dispute comes as Safe is targeting break-even and a doubling of revenue in 2026. In a February announcement, the project …
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Regulation
ESMA, the EU markets watchdog, wants stronger enforcement of EU crypto regulation
by shayaanby shayaanAuthority to Freeze Crime-Linked Crypto Assets Under the proposal, ESMA itself should be able to tell crypto companies to freeze assets whenever …
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Regulation
Greece gets first MiCA entrants as watchdog denies Binance-Lagarde claim
by shayaanby shayaanThe distinction of becoming Greece’s first MiCA-authorized provider could instead have gone to Binance, the world’s largest crypto exchange by trading volume. …
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In brief Labour MP Phil Brickell has reported Nigel Farage to the Parliamentary Commissioner for Standards, alleging he lobbied the Bank of …
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The US Government Accountability Office has urged the Federal Deposit Insurance Corporation to make an effort to coordinate with other federal agencies …
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Regulation
Hong Kong watchdog raids CCB International, China Securities International over IPO misconduct probe
by shayaanby shayaanHong Kong’s Securities and Futures Commission raided the local offices of two major Chinese brokerage arms on May 27, targeting suspected misconduct …
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Regulation
Hong Kong watchdog raids CCB International, China Securities International amid IPO probe
by shayaanby shayaanHong Kong’s Securities and Futures Commission raided the local offices of CCB International and China Securities International on May 27, seizing documents …