EU Targets 11 Crypto Platforms in Russia's Evasion Network Amid Sanction Push
EU High representative Kaja Kallas confirmed the sanction package will target banks, weapons manufacturers, oil traders, refineries and crypto operators in third countries, with the commission proposing an additional transaction bans on over 30 banks in Russia and abroad.
US Senate Republicans Urges Finance Overseers To Remove Crypto Capital Rules
A group of six Republican senators sent off a letter to the country's top banking regulators last week, and the message was straightforward, it said the rules that prevent U.S. banks from holding digital assets need to go.
Crypto Correction Erased $176B In Investor Funds Triggering Bear Run
Bitcoin took a drastic dip dropping nearly 9% in 48 hours to test $67,000 for the first time since March, dragging the general market down with it.
Singapore's MAS Withdraws Bsquared's Crypto Licence 16 Months After Granting It
MAS found that BSQ had failed to meet its outsourcing guidelines in its arrangements with related entities, a requirement designed to ensure regulated firms don't hollow out their compliance obligations by routing key functions through unmonitored affiliates.