The implementation of the Financial Innovation and Technology for the 21st Century Act (FIT21) is expected to be a lengthy process, potentially taking several months or even years for coordination between regulators in the United States prior to the enforcement of the rules.
The House of Representatives passed the FIT21 Act on Wednesday with a 279-136 vote, aimed at establishing a clear regulatory framework for crypto assets.
Indonesia’s Commodity Futures Trading Authority (Bappebti) has formed a committee specifically for overseeing cryptocurrency operations and ensuring compliance.
The Securities and Exchange Commission (SEC) has issued a Wells notice to the decentralized crypto exchange Uniswap.
This week, the Central Bank announced that starting from July 1, 2024, all crypto companies must be registered in Lithuania.
On February 20, the HKMA sent letters to the heads of authorized institutions (AIs), addressing the topics of tokenization and custodianship of digital assets.
The proposed regulatory framework aims to promote transparency in the market and combat criminal activities involving cryptocurrencies.
