DSG Crypto Regulatory Roundup: April 2024
DSG Crypto Regulatory Roundup: April 2024 International Bodies UK to Propose Clearer Crypto Regulations by July: The U.K.’s Economic Secretary to the Treasury, Bim Afolami, said the government’s priority is improving the payments landscape and providing regulatory clarity for digital assets and blockchain. More here. United States Stablecoin Bill Unlikely …
Read MoreSenate Banking Hearing
On April 9, the Senate Banking Committee held a hearing entitled “An Update from the Treasury Department: Countering Illicit Finance, Terrorism and Sanctions Evasion.” The witness in the hearing was: The Honorable Adewale O. Adeyemo, Deputy Secretary, Department of the Treasury. Below is a summary of the hearing prepared by Delta Strategy Group. It contains several …
Read MoreMRAC Meeting
On April 9, the Commodity Futures Trading Commission (CFTC) Market Risk Advisory Committee (MRAC) held a public meeting. The meeting covered current topics including central counterparty risk (CCP) and governance, market structure developments explaining the consolidation of Futures Commission Merchants (FCMs), climate-related risk, and innovative and emerging technologies like artificial intelligence …
Read MoreDSG Crypto Regulatory Roundup: March 2024
International Bodies EU Scraps Proposed $1K Payment Limit for Self-Custody Crypto Wallets: The European Union is moving ahead with new anti-money laundering laws to limit cash and some crypto transactions, but proposed noncustodial wallet limits did not make the final cut. More here. UK Regulator to Tighten Measures Against Crypto …
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