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Legislation Regulation generic 3 1
25 Jan 23

France shifts its firm stand on crypto licensing

French lawmakers have voted to make it mandatory for bitcoin (BTC)-linked businesses in France to abide by strict consumer protection rules and comply with the statutes of the incoming MiCA regulation beginning in 2024. The global shock that came with the collapse of Sam Bankman-Fried’s FTX has made regulatory watchdogs across various jurisdictions sit up […]
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Legislation Regulation generic 1 1
22 Dec 22

California watchdog issues cease order on crypto firm

Due to potential breaches of state securities law, the California Department of Financial Protection and Innovation (DFPI) has ordered the cryptocurrency lending platform MyConstant to stop marketing many of its cryptocurrency-related products. This comes after the watchdog issued a warning in July stating that it would be cracking down on companies offering cryptocurrency interest accounts […]
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