FCA executive director Sarah Pritchard said the new regime will apply to all firms marketing cryptoassets to UK consumers, regardless of where they are based.
April 26, 2023Project Atlas will allow users to visualise cross-border flows in cryptoasset and DeFi markets via publicly available dashboards.
April 3, 2023The BCBS will also consult on revisions to its Core principles for effective banking supervision and on a Pillar 3 disclosure framework for climate-related financial risks.
March 24, 2023In the first six months of 2022, cryptoassets under custody at banks declined 66 percent, largely due to fewer banks participating in the exercise.
March 3, 2023Oliver Fines says fiduciaries have no excuse for their falling prey to hype associated with crypto, as principles of prudence, care and loyalty should continue to apply.
February 3, 2023The draft law contains an interim treatment for banks to apply a 1250% risk weight to their cryptoasset exposures until 31 December 2024.
January 25, 2023The paper highlights the intertwined nature of DeFi protocols, the dependencies they can have on stablecoins, and how such dependencies can present vulnerabilities.
January 25, 2023In designing the standards, the GDF has leveraged the framework and high-level principles existing in the FX Global Code.
January 9, 2023Global investors using UK investment managers will not be subject to UK tax if they include cryptoassets within their portfolios.
January 8, 2023The ASA said the ad was misleading because “it failed to illustrate the risk of investing in NFTs" and "it didn't make clear that fees would apply”.
December 28, 2022