Stablecoin issuers in US face strict new KYC rules
Financial regulators in the United States have introduced a new draft rule aiming to tighten oversight of stablecoin issuers. According to the proposal, companies that issue stablecoins will
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Latest CryptoCompass coverage, analysis, and explainers filed under Policy.
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Regulators Tighten The Reins on Stablecoin Issuers: New Rules Announced
You can also read this news on BH NEWS: Regulators Tighten The Reins on Stablecoin Issuers: New Rules Announced In a significant regulatory move, US financial authorities have rolled out a dr
Oman Launches Omanhash, a Mandatory National Bitcoin Mining Pool for All Licensed Miners
TLDR: Oman launched Omanhash, a mandatory national Bitcoin mining pool for all licensed crypto miners in the country. Enegix Global built Omanhash’s tech platform, marking its second sovereig
Bureaucratic Tangles in Swap Reporting Rules Face Spotlight
You can also read this news on BH NEWS: Bureaucratic Tangles in Swap Reporting Rules Face Spotlight The U.S. Securities and Exchange Commission (SEC) has initiated an open call for feedback r
SEC and CFTC Seek Public Comment Over Crypto Derivatives Rules After CME Lawsuit Threat
Less than 24 hours after CME Group announced plans to sue the Commodity Futures Trading Commission (CFTC) over Bitcoin perpetual futures, U.S. regulators, the SEC and CFTC, jointly opened a p
Japan’s FSA orders moomoo Securities to halt new account openings until September
Japan’s Financial Services Agency has suspended part of moomoo Securities’ operations for three months and ordered the brokerage to strengthen its internal controls after regulators found com
Oman Launches National Bitcoin Mining Pool, Mandates Participation for Licensed Operators
BitcoinWorld Oman Launches National Bitcoin Mining Pool, Mandates Participation for Licensed Operators Oman has taken a significant step in its ambition to become a regional digital asset hub
Do Indians Have to Pay Tax on Crypto Held on Foreign Exchanges?
BitcoinWorld Do Indians Have to Pay Tax on Crypto Held on Foreign Exchanges? Do Indians Have to Pay Tax on Crypto Held on Foreign Exchanges? Tax on crypto held on foreign exchanges by Indian
Ireland Launches Bold 30-Point Crypto Crime Action Plan to Tackle Financial Threats
Ireland has drawn a hard line against financial crime with a sweeping new national initiative that puts crypto-asset oversight front and center, signaling one of the most structured regulator
Sec seeks market input on swap reporting rules in June 2024
The U.S. Securities and Exchange Commission (SEC) announced on June 18 that it is seeking feedback from market participants on whether current reporting requirements for security-based swap t
Microsoft Warns of USB-Borne Crypto Clipper Malware Targeting Wallet Credentials
Microsoft identified a USB-spreading malware targeting cryptocurrency wallets since February. Malware uses Tor communications, screenshots, and remote code execution. Security researchers rep
Fidelity Launches GENIUS Act Ready Stablecoin Reserve Fund
Fidelity Targets Stablecoin Reserve Market With New Fund Fidelity Investments has entered the stablecoin reserve management business with the launch of the Fidelity Reserves Digital Fund, a m