SEC: The new cryptocurrency task force will work to develop a comprehensive and clear regulatory framework for cryptoassets. Senior advisors Gabbert and Asher serve as the task force's chief of staff and chief policy advisor, respectively.
The Securities Exchange Commission (SEC) said that the new cryptocurrency task force will work to develop a comprehensive and clear regulatory framework for cryptoassets. Senior advisors Gabbert and Asher serve as the task force's chief of staff and chief policy advisor, respectively. Previously, SEC Acting Chairperson Mark Uyeda announced the establishment of a new crypto task force.
The Hong Kong Association of Banks' Digital Banking Public Education Task Force survey shows that respondents' trust in digital banks has increased significantly, with more than 97% of individuals and 99% of SME respondents satisfied with the security measures, and more than 90% of individuals and SME respondents satisfied with the security measures to protect personal data and prevent fraud; 80.3% of individuals and 92.1% of SME respondents believe that they have a certain understanding of digi...
The Financial Action Task Force (FATF) on Thursday announced that India has "technically complied with the FATF recommendations to a high degree and has taken significant steps to implement the fight against illicit financing" following a joint assessment with the Asia Pacific Anti-Money Laundering Group (APG) and the Eurasia Group (EAG). But noted areas for improvement, particularly in regulating the non-financial sector and virtual asset providers. India was urged to adopt a risk-based approac...
July 13 news, according to the Financial Action Task Force on Money Laundering (FATF), 97 out of 130 jurisdictions are in "only partial compliance or non-compliance" with anti-money laundering recommendations targeting the virtual asset space. 88 jurisdictions (60%) have decided to allow virtual asset service providers (VASPs), while 14% (20 jurisdictions) have explicitly banned them. The FATF claims that stablecoins and anonymity-enhanced cryptocurrencies are increasingly being used by terroris...