Financial Services Agency of Japan
Financial Services Agency of Japan is looking to reverse the ban on foreign issued stablecoins. Under the new regulation, local exchanges will have to ensure asset preservation by deposits and an upper limit of remittance to be allowed to handle stablecoin trading.
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Policy
Mar. 20, 2023

U.S. Supreme Court to Hear First-Ever Crypto Case Tomorrow
The U.S. Supreme Court will hear arguments in its first-ever crypto-related case on Tuesday, when lawyers for San Francisco-based crypto exchange Coinbase will attempt to convince the nine Justices to pause a pair of class-action lawsuits against...
Policy
Mar. 20, 2023

It’s ‘Critical’ Crypto Innovation Stays in U.S., Former White House Adviser Says
Crypto innovation going overseas could be a threat to U.S. national security, said Carole House, former director of cybersecurity and secure digital innovation at the White House and co-author of President Joe Biden’s executive order on crypto ....
Policy
Mar. 20, 2023

Florida Governor Ron DeSantis Proposes Law to Ban CBDCs
A legislative proposal from Florida Governor (and possible Republican U.S. presidential candidate) Ron DeSantis would prohibit the use of a national central bank digital currency (CBDC) as money within his state. "Today’s announcement will prote...
Policy
Mar. 20, 2023

No Crypto Banking Port Has Really Opened Up in This U.S. Storm
The biggest U.S. banks have not stepped forward to welcome homeless crypto businesses scrambling for banking services after fleeing the wreckage of Silvergate Bank, Signature Bank and Silicon Valley Bank. CoinDesk asked the top 20 U.S. banks by ...
Policy
Mar. 20, 2023

Belgian Crypto Ads Must Warn of Risks Under New Rules
Crypto ads in Belgium must be accurate and warn investors of the risks, under new laws announced by the country’s financial regulator Monday. Powers published in Belgium’s Official Gazette on Friday mean any mass media campaign to promote digita...
Policy
Mar. 20, 2023

Crypto.com Gets Closer to an Operational License in Dubai
Singapore-based crypto platform Crypto.com has received its minimal viable product ( MVP ) Preparatory License from Dubai’s Virtual Assets Regulatory Authority (VARA), the firm announced on Monday. The MVP license involves a three-stage proc...