The Japanese parliament has decided to roll out tougher AML procedures in line with the “travel rule.”
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Federal Reserve’s FedNow will integrate with Metal Blockchain
The integration will allow users to instantly convert cash to stablecoin for use in DeFi protocols.
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Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules
The majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According to the latest numbers released
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Estonia squeezes out 400 crypto firms after new laws
Estonia’s money laundering regulator highlighted a number of issues it found within local crypto firms, such as dodgy execs and nonsensical business plans.
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New White House standards strategy could have implications for crypto industry KYC
The Biden administration has released a strategy document focusing on setting standards for “critical and emerging” technologies such as blockchain and digital ID.
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Innovate some compliance mechanisms, US Treasury official tells DeFi community
Assistant Treasury Secretary Elizabeth Rosenberg said the Treasury was enhancing its regulatory regime and that DeFi should program in some compliance.
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