California is taking a page from New York’s cryptocurrency regulatory handbook A new crypto licensing bill was signed into law by California Governor Gavin Newsom on Friday and will go into effect in July 2025. Regarded as California’s answer to New York’s “BitLicense,” the Digital Financial Assets Law was heavily criticized by the industry but
Greater oversight of cryptocurrency transactions is coming The US Department of Justice (DoJ) plans to double its crypto crime team launched in 2021. Not only will the unit add to the number of acting prosecutors, but it will also have a new leader. The National Cryptocurrency Enforcement Team (NCET) will merge with the Computer Crime
The UK is taking the lead on bringing regulations to the crypto ecosystem The safeguarding of consumers is the key priority for Britain’s financial regulator, as evidenced by the recent establishment of guidelines concerning the marketing and transaction of cryptocurrency. The financial industry has been under scrutiny for its lack of regulation and high-risk investment
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