Tag: Crypto
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US Treasury report finds crypto use in illicit financial activity remains small but growing fraction of total flows
The U.S. Treasury Department said on Feb. 8 that its latest risk assessments show that virtual assets currently represent a small fraction of...
Janet Yellen continues to call for legislation to beef up crypto, AI regulation
Treasury Secretary Janet Yellen called on Congress to enact stricter regulatory measures for cryptocurrencies and to maintain vigilance on deploying artificial intelligence (AI)...
Hong Kong sets deadline for crypto exchange licensing applications or face shutdown
Hong Kong’s Securities and Futures Commission (SFC) told unregistered Virtual Asset Trading Platforms (VATPs) within its region to submit their licensing applications by...
South Korea proposes stricter screening of crypto executives
The South Korean Financial Services Commission (FSC) has announced significant legislative amendments aimed at tightening regulations surrounding virtual asset business operators, specifically focusing on...
Congress should allow crypto to be regulated beyond securities laws: U.S. Secretary Treasury
Janet Yellen, U.S. Secretary of the Treasury, affirmed the need to regulate the cryptocurrency sector beyond securities laws on Feb. 6.Yellen made those...
