European Central Bank Steps in as Banks Test Crypto Waters Ahead of Pan-EU Licensing Rules

European Central Bank Steps in as Banks Test Crypto Waters Ahead of Pan-EU Licensing Rules

ByNews Polite

The European Central Bank (ECB) said on Wednesday it would harmonise how banks offer cryptoassets to ensure they have enough capital and expertise in a sector some European Union lawmakers have described as the Wild West. Several crypto companies like Binance and Crypto.com have been authorised in EU countries such as…

Blockchain.com Gains Regulatory Approval to Offer Crypto and Digital Wallet Services in Italy: Details

Blockchain.com Gains Regulatory Approval to Offer Crypto and Digital Wallet Services in Italy: Details

ByNews Polite

London-based crypto firm Blockchain.com said on Thursday it had registered as a virtual asset service provider in Italy, the latest in a string of digital asset firms to do so. Italy created a special registry with its brokerage regulator in February to list crypto operators with a stable presence in…

Blockchain.com Gains Regulatory Approval to Offer Crypto and Digital Wallet Services in Italy: Details

US Senators Propose Cryptocurrency Oversight Legislation Authorising CFTC as Default Regulator

ByNews Polite

A bipartisan group of US senators on Wednesday proposed a bill to regulate cryptocurrencies, the latest attempt by Congress to formulate ideas on how to oversee a multibillion-dollar industry that has been racked by collapsing prices and lenders halting operations. The regulations offered by Senate Agriculture Committee chair Debbie Stabenow…