Category: Compliance

A new controversy in stablecoins has arisen, Beijing v/s Chinese tech giants! Chinese regulators, has reportedly instructed to pause⚠️ the stablecoin plans, (regulators include People’s Bank of China (PBOC) and Cyberspace Administration of China (CAC)) As we know earlier during this year, In May, the Hong Kong’s legislature passed a stablecoin licensing regime. In June, Ant… Read more

The U.S. Treasury has extended deadline for public comments for the GENIUS Act to November 4, 2025. The Treasury issued an Advanced Notice of Proposed Rulemaking (ANPR) an early-stage rulemaking step that will require Treasury to issue a subsequent proposal to seek additional public input before any regulations may be finalized, requesting public comment regarding its… Read more

A decade ago, a bitcoin miner was turned away by 6 CPAs.Back then, crypto was “too new, too risky, too unregulated.” Fast forward to today, high-net-worth crypto investors still:– face IRS audits,– delinquent filings,– have old data missing across multiple wallets and exchanges. But why do most CPA firms fail or turn away? Major problems,•… Read more

Regulatory outlook on public blockchains from an expert meeting Point Zero Forum in Zurich, Switzerland, following are 3 key insights: 1. Use cases: 🔹Cross border payments:Public blockchain offers a golden source of data, very valuable since the banks currently work with their own databases and reconciliation leading to delays and discrepancies. 🔹 Trading & settlement… Read more

The trajectory of stablecoins — cryptocurrencies whose value is pegged to another asset, most commonly a fiat currency — is at an inflection point. Already, stablecoins account for trillions of dollars in on-chain value transferred each month. But the broadening interest in this asset stems not from their foundational role in crypto markets, but from… Read more

While this Note summarises a number of principal provisions of the SO, the Guideline on Supervision of Licensed Stablecoin Issuers (“Supervisory Guideline”) and the Guideline on Anti-Money Laundering and CounterFinancing of Terrorism (For Licensed Stablecoin Issuers) (“AML/CFT Guideline”), this Note is not intended to be a comprehensive guide to the wide variety of compliance issues… Read more

This Bulletin takes stock of the current state of the stablecoin market and assesses the key policy challenges surrounding the circulation of stablecoins in public blockchains. Although stablecoins bear some resemblance to conventional financial products (such as MMFs, or money market exchange-traded funds), they present a unique set of challenges given their borderless and pseudonymous… Read more