Regulation

01 Sep 22 @ 10:41

It seems that the direction of travel for the regulation of cryotocurrency and crypto assets in the EU and UK are taking strongly divergent paths. In Europe there is the... read more

25 Aug 22 @ 13:24

Visa and Mastercard have both cited fraud as the primary reason for their respective increase in interchange fees between the UK and the EU after Brexit. Both companies face a... read more

25 Aug 22 @ 10:32

Just months after the Central Bank of India (RBI) lifted its card issuing ban on Mastercard, it has now lifted the same ban on American Express allowing it to start... read more

23 Aug 22 @ 09:19

The New York State Department of Financial Services (DFS) has issued a new Regulatory Guidance, setting foundational criteria for USD backed stablecoins used by DFS-regulated entities. This represents the first US... read more

12 Aug 22 @ 13:29

The Central Bank of the Russian Federation wants the government to order state companies to convert their foreign-exchange holdings into the currencies of countries that haven’t joined sanctions imposed by... read more

12 Aug 22 @ 12:04

Global use of cryptocurrencies has increased exponentially during the COVID-19 pandemic, including in developing countries. While these private digital currencies have rewarded some, and facilitate remittances, they are an unstable... read more

09 Aug 22 @ 10:29

The US has imposed sanctions on Tornado Cash, a crypto “mixing service” that they say has laundered more than $7 billion over the past three years and helped North Korean... read more

08 Aug 22 @ 16:26

On 20 July 2022, HM Treasury published a consultation and call for evidence on the government’s approach to reforms to the payments regulation landscape, including the systemic payments perimeter of the... read more

04 Aug 22 @ 12:54

The UK is considering the creation of a new category of private property law for digital assets like cryptocurrency which are being used to make payments or represent other assets,... read more

21 Jul 22 @ 11:13

The UK government have put forth an AI rulebook to protect data and promote responsible AI use to improve the regulation of Artificial Intelligence. The proposals, pitched in the AI... read more

13 Jul 22 @ 10:25

This week sees the 36th Annual General Meeting of the International Swaps and Derivatives Association, held in Madrid. As part of his Keynote speech Pablo Hernández de Cos, Chair of the... read more

13 Jul 22 @ 10:06

The European Union finance ministers has formally approved Croatia becoming the 20th member of the euro common currency at the start of 2023. The European Council, the grouping of 27... read more