Bank of England to announce crypto regulation
The Bank of England’s Financial Policy Committee has called for widespread crypto regulation, reported Coindesk on Wednesday.
ECB to issue eurozone warning over crypto regulation – FT
The European Central Bank (ECB) is expected to issue a strong warning to eurozone countries around the pressing need to harmonise regulation across the crypto industry, the FT reports.
EU reaches agreement on landmark MiCA regulation for crypto
The Council Presidency and European Parliament have settled on the Markets in Crypto-Assets (MiCA) proposal; ruling that crypto-asset service providers will require authorisation to operate in the EU, not including NFTs or media-related digital assets.
Charles Schwab pays $187m to settle SEC robo-advisor charges
Subsidiaries of Charles Schwab have agreed to pay $187 million to settle SEC charges that they misled clients about fees for the broker's robo-advisor product.
UK financial regulators to be given powers over Big Tech cloud providers
The UK's financial regulators are to be given powers to test the resilience of big cloud providers like IBM, Google, Microsoft and Amazon and perform on-site inspections.
Regulators seek legal ground for revoking licences of firms who breach AML rules
European regulators are pushing for new laws that would give them the power to revoke licences for firms in serious breaches of anti-money laundering rules.
Regulator hits Anchorage Digital over AML failures
The Office of the Comptroller of the Currency (OCC) has issued a consent order against digital asset custody services provider Anchorage Digital Bank over Bank Secrecy Act anti-money laundering failures.
IMF calls for regulatory crackdown on fast-growth fintechs
The International Monetary Fund says fast-growing finechs pose challenges for both regulators and less technologically advanced banks, whose long-term viability may be under threat.
