TechREG

FTX Collapse Was Old Tricks Powered by New Technology
FTX Collapse Was Old Tricks Powered by New Technology
November 29, 2022  |  Cryptocurrency

The collapse of FTX has spurred calls for greater oversight of the crypto industry. But the appropriate regulatory tools and methods may already exist, hidden...

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Jyske Bank Accused of AML Violations by Danish Regulators
Jyske Bank Accused of AML Violations by Danish Regulators
November 28, 2022  |  AML

Danish regulators have reported Jyske Bank for possible anti-money laundering (AML) violations.  Denmark’s Financial Supervisory Authority (FSA) said the lender’s due diligence methods had “significant shortcomings,”...

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FTX Collapse Creates ‘Sense of Urgency’ Among World’s Regulators
FTX Collapse Creates ‘Sense of Urgency’ Among World’s Regulators
November 27, 2022  |  Cryptocurrency

The new head of global securities regulator IOSCO said the collapse of the FTX exchange shows why the agency will focus on companies like it...

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Stricter Nonbank Oversight Stokes Fears of FinTech Winnowing
Stricter Nonbank Oversight Stokes Fears of FinTech Winnowing
November 23, 2022  |  Regulation

Even though nonbanks are just what the name implies, in the eyes of regulators, some say it might be easier to treat them as if...

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Calls For Regulation Intensify as UK Crypto Scams Jump 45%
Calls For Regulation Intensify as UK Crypto Scams Jump 45%
November 23, 2022  |  Security & Fraud

From trading at less than a dollar in its first few years of existence to over $60,000 in late 2021, the story of bitcoin’s meteoric...

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Kenya Eyes Taxes on Crypto, Digital Wallets
Kenya Eyes Taxes on Crypto, Digital Wallets
November 21, 2022  |  Cryptocurrency

With 8.5% of its population now owning cryptocurrencies, Kenya is reportedly considering taxing crypto exchanges, digital wallets and transactions.  Legislators in the African country are...

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FTX Bankruptcy Hearing to Start in US Court as Creditors Wait for Answers
FTX Bankruptcy Hearing to Start in US Court as Creditors Wait for Answers
November 21, 2022  |  Cryptocurrency

It has not been a pleasant month for troubled crypto trading platform FTX, which until recently was one of the largest industry players. Things have...

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Australia Mulls Regulating BNPL Like Credit Cards
Australia Mulls Regulating BNPL Like Credit Cards
November 20, 2022  |  BNPL

As countries around the world look to regulate the buy now, pay later (BNPL) sector, Australia is considering rules that would treat the industry the...

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Ex-FDIC Head: People ‘Getting Hurt’ by Lack of Crypto Rules
Ex-FDIC Head: People ‘Getting Hurt’ by Lack of Crypto Rules
November 20, 2022  |  Cryptocurrency

The former head of the Federal Deposit Insurance Corporation (FDIC) has joined a chorus of voices calling for the regulation of cryptocurrency in the wake...

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