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Securities Commission Cancels FTX Australia’s License

[Jul 21, 2023 3:30 AM] Australia’s securities regulator has canceled the license of the local FTX entity, allowing it to perform only limited financial services. These will be related to the termination of derivatives with clients and arrangements to compensate retail…

European Banks to Disclose Exposure to Crypto Assets

[Jun 29, 2023 3:00 PM] Banks in the European Union will have to disclose their exposure to cryptocurrencies, EU institutions announced. The obligation will be introduced under a deal to implement globally agreed regulatory standards meant to improve the resilience of the…

Australia Suspends Financial Services License of Local FTX Entity

[Nov 17, 2022 1:30 AM] Australia’s securities regulator has suspended the license of the Australian unit of the bankrupt crypto exchange FTX until mid-May. According to an issued statement, the platform will be allowed to provide limited financial services until Dec. 19…

Brussels Set to Begin Talks on EU Crypto Tax, Report Reveals

[Nov 12, 2022 1:30 AM] The European Commission is preparing to discuss with member states the adoption of a common tax regime for crypto assets, European officials have indicated. The talks with national treasuries are expected to start next year with the aim to end the…