Browsing: Regulations

The European Union appears set to revise and broaden the scope of its landmark Markets in Crypto-Assets (MiCA) regulation to cover non-EU issuers, in light of market developments and an increasing push from the United States for stablecoins, according to a Euronews report.

The Florida legislature has passed a regulatory framework for payment stablecoins, making it the first U.S. state to do so. Senate Bill 314 cleared both chambers and now heads to Governor Ron DeSantis for his signature. Samuel Armes, founder of the Florida Blockchain Business Association, saidhe expects DeSantis to sign the bill within 30 days.…

A Canadian man who pleaded guilty to criminal charges in the U.S. for his role in running a crypto firm that provided wash trading services to clients seeking to manipulate crypto trading has received a modest fine and no jail time in the case.