Tag: compliance

MiCA's Promise, Enforcement Peril? Coinbase's EU License Exposes Regulatory Risks

MiCA's Promise, Enforcement Peril? Coinbase's EU License Exposes Regulatory Risks

• Commentary

Coinbase waving its newly minted MiCA license like a victory flag, in the manner depicted below, across the EU – awesome, right? Standardized regulations, unified market access. But hold on. Before we pop the champagne, let's ask ourselves: is this a genuine step forward, or just a cleverly disguised race...

UK's FCA Proposes Stricter Rules for Cryptoasset Trading

UK's FCA Proposes Stricter Rules for Cryptoasset Trading

• Regulation

The creation of the Cryptoassets Taskforce and the FCA’s move to regulate cryptoasset trading are positive developments. The goal of this action is to meaningfully convene the private sector to invest in innovative growth industries. The FCA is now seeking industry views on these proposed cryptoasset regulations through a new...

GDePIN's GDPR Compliance: A Game Changer or Just Lip Service for Europe?

GDePIN's GDPR Compliance: A Game Changer or Just Lip Service for Europe?

• Commentary

GDePIN.Global Decentralized Physical Infrastructure Network. Sounds impressive, right? AI Pulse, the company behind it, promises a revolution: democratized GPU compute power, solving the AI crunch, all while being GDPR compliant. In an era of tempting tech panaceas, especially when Europe is in the title, should we take this at face...

Crypto Regulation Needs Tech, Not Just Suits: Here's Why

Crypto Regulation Needs Tech, Not Just Suits: Here's Why

• Facts

We know the cryptocurrency environment is changing incredibly quickly. The regulatory frameworks have been slow to catch up and remain largely staffed by the same traditional finance professionals. That expertise is a tremendous resource. An absence of technologists and cybersecurity experts in developing these regulations poses significant harms, particularly with...

Crypto Regulation's Fatal Flaw The One Thing Suits Can't See

Crypto Regulation's Fatal Flaw The One Thing Suits Can't See

• Commentary

Regulation is really on the way for crypto, and honestly some of that’s long overdue and absolutely needed. We require strong guardrails to ensure that the average American isn’t being ripped off or exposed to blatant fraud. First, we need to make sure that crypto is not used to finance...

Crypto Firms Navigate EU's MiCA Framework Amid Regulatory Scrutiny

Crypto Firms Navigate EU's MiCA Framework Amid Regulatory Scrutiny

• Regulation

The European Union’s Markets in Crypto-Assets (MiCA) regulation comes into force in a matter of months. At the same time, major crypto players Gemini and Coinbase are poised to obtain EU licenses, signaling a significant step forward for the emerging digital finance space. This is to create a common governance...

Web3 Regulation The Shocking Truth No One Wants You To Know

Web3 Regulation The Shocking Truth No One Wants You To Know

• Commentary

Have we just doomed our golden goose to an untimely end? Never a dull moment in the world of cryptocurrencies and Web3 that is for sure – self-regulation vs. From a consumer door to a technical security one, everyone’s focused on consumer protection, financial stability, and security. Sounds great, right?...

The Shocking Truth Huione Reveals About Crypto's Regulatory Failure

The Shocking Truth Huione Reveals About Crypto's Regulatory Failure

• Commentary

We've all heard the utopian promises of crypto: decentralization, freedom from government control, and a new era of financial empowerment. What if that dream is being hijacked, not by governments, but by a more insidious force altogether? The Huione case is a harsh reminder. This Cambodia-based financial conglomerate is at...

Crypto's Compliance Conundrum Insufficient FATF Adoption Masks Rising Illicit Activity

Crypto's Compliance Conundrum Insufficient FATF Adoption Masks Rising Illicit Activity

• Regulation

Global efforts to combat money laundering and illicit activities in the cryptocurrency space face significant hurdles due to the insufficient adoption of the Financial Action Task Force (FATF) Travel Rule. The Travel Rule came into effect in 2019. It mandates that Virtual Asset Service Providers (VASPs) like cryptocurrency exchanges collect...

Atkins' SEC Promise: Is 'Regulation by Enforcement' Really Ending?

Atkins' SEC Promise: Is 'Regulation by Enforcement' Really Ending?

• Commentary

What new SEC Chair Paul Atkins has in mind is nothing short of a revolution – a simple yet bold US crypto asset policy modernization. His commitment? To stop regulation by enforcement and bring in an age of clear, observable rulemaking. It sounds fantastic, doesn't it? Almost as good feeling...

Japan's "New Capitalism 2025" Plan Signals Regulatory Embrace of Bitcoin and Web3

Japan is strategically positioning itself as a global leader in digital innovation with its updated "New Capitalism 2025" plan, released on April 13. Taken together, this plan represents a major regulatory turning point event toward welcoming Bitcoin and Web3 technologies. The initiative aims to leverage digital assets to solve social...

Japan's Bitcoin Revolution: A Boon for Artists and Web3 Creators?

Is Japan on the verge of accidentally unleashing a tsunami of creative destruction and financial liberation onto the rest of the emerging markets? I know this seems like a tall order, but hear me out. Japan’s regulatory change to officially recognize Bitcoin as a financial product. This step is a...

5 Ways This Crypto Bill Empowers Southeast Asian Artists, Not Wall Street

Let’s be honest, when you hear about crypto regulation, your first thought probably isn't Southeast Asian artists finding new avenues for creative expression. Surely visions of Wall Street honchos and inscrutable derivatives dance in your head. Well, what if I told you that the Senate’s Banking Committee just released their...

Senate Republicans Forge Ahead on Crypto Market Structure Framework

Republican senators working on a new framework for digital assets legislation, riding the positive bipartisan wave in the Senate as of late. This announcement follows the Senate’s passage of a bill to regulate stablecoins last week. It was passing with overwhelming bipartisan support.Senators Tim Scott, Cynthia Lummis, Thom Tillis, and...

Crypto's 'Light-Touch' Regulation Gamble Will It Protect You?

The Senate Committee’s proposed “light-touch” regulatory framework for crypto is a long high-stakes poker game. Are we all truly holding a winning hand, or are we collectively bluffing our way into a future financial crisis? It’s a question every investor, every innovator, and frankly, every citizen should want to know....

Trump Jr. at KBW2025: Web3's Mainstream Moment?

Donald Trump Jr.’s scheduled keynote address at KBW2025 is raising eyebrows and inspiring intense discussion across the Web3 ecosystem. He’s just a high-profile guy shaking things up in the crypto world. His presence further exemplifies the increasing importance of blockchain technology and its potential to revolutionize the traditional economy. Does...

Trump Jr. at KBW2025: Web3's Punk Rock Moment or Sellout?

Or I think about Nandar, a wonderful Burmese artist that I met in Yangon, sharing with me her latest NFT collection. Each work exploded with vivid imagery, bravely fighting back against the junta’s repressive hold. She began selling them directly to supporters around the world, allowing her to cleverly sidestep...

KBW2025: Is Trump Jr. Web3's Trojan Horse or its Savior?

Donald Trump Jr. at Korea Blockchain Week? It's a head-scratcher, isn't it? About as easy as locating a MAGA hat at a Burning Man soirée. Before we put this down as just another short-lived publicity stunt, let’s take a closer look at what this could IoTally Web3 means. Cynical ploy...