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UK will regulate crypto in current financial services framework
The crypto industry in the UK will fall under the umbrella of mainstream financial services regulation says the UK government. The Treasury said it will unveil a series of proposals... read more
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New European Parliament legislation for banks on crypto seen as “prohibitive”
The Economic and Monetary Affairs Committee, part of the European Parliament, has voted to impose strict restrictions on banks seeking to hold crypto. Banks will have to treat crypto as... read more
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Banking on crypto: Should banks enter the crypto market?
In a recent speech, Fabio Panetta of the European Central Bank (ECB) categorized crypto as a “Wild West” investment, describing market activity as a “digital gold rush beyond state control.”... read more
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Banks, governments and crypto industry divided by cryptocurrency risk
A new survey by RUSI and ACAMS has revealed how professionals in the cryptocurrency industry believe that governments are behind the curve on the perceived risks, opportunities, and regulation of... more
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