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Oversight

‘Like Ordering McDonald’s:’ Malta’s MiCA Fast-Track Draws Oversight Concerns

Malta, a scenic Mediterranean island with a population of just over half a million, is quickly becoming the preferred European base for high-profile crypto...

US Federal Reserve to no longer consider“reputational risk” in bank oversight

Key Takeaways The central bank confirmed that it has initiated a review of its examination guidelines and supervisory documentation to eliminate language referencing reputational risk.  The...

U.S. Derivatives Watchdog Weighs 24/7 Action With Crypto Oversight on Horizon

Bitcoin is the crypto sector's top asset and is also universally defined by U.S. regulators and courts as a commodity, putting it under the...

U.S. Senate Banking Committee to Launch Crypto Oversight Subcommittee with Senator Cynthia Lummis as Chair: Report

The U.S. Senate Banking Committee is set to establish its first-ever subcommittee dedicated to cryptocurrency and digital asset regulation. This move signifies an important step...

China Implements Stricter Bank Oversight on Crypto Trades

Key Takeaways On December 31, 2023, these regulations aimed to prevent illicit financial activities involving digital assets, like cross-border gambling India holds a major amount of...

What 2025 Could Bring for Crypto: Stricter Oversight and Global Shifts

The global cryptocurrency industry is bracing for another pivotal year in 2025, as regulators in Europe, Asia, and beyond enact or expand rules designed...

FSOC Express Concerns on Stablecoins, Urges for Oversight

Key Takeaways  FSOC stated that without oversight the stablecoin market could disrupt financial stability The FSOC warned that the dominance of a single issuer heightens systemic...

IMF Continues to Urge El Salvador to Strengthen Regulatory Framework and Oversight of Bitcoin

This isn't the first time IMF has warned El Salvador. Most recently, in August, the IMF said something similar when it declared in a...

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