The European Banking Authority (EBA) has finalized rules requiring banks to hold significantly more capital against so-called “unbacked” cryptocurrencies like Bitcoin and Ether.In its final draft of regulatory technical standards…
The United Arab Emirates (UAE) took a significant step toward harmonizing its approach to crypto regulation. The country’s Securities and Commodities Authority (SCA) and the Dubai Virtual Assets Regulatory Authority…
In brief
Carlos Ramirez, known as Whynne online, said in his first interview in 10 years that he is “constantly” being approached with offerings of token supply for Trollface-related meme coins.
The…
In brief
Users can easily bypass age checks and generate explicit content with minimal input.
xAI’s tool violates its policies banning pornographic depictions of real people.
Over 34 million images have been created,…
The Compliance Report for August 2025 by Finance Magnates Intelligence has been released, providing essential updates on key changes that impact how financial firms operate and onboard clients.Key Topics Covered…
Stablecoin companies operating in Hong Kong posted double-digit losses on Friday amid local regulatory shifts and a broader market correction.Bright Smart Securities & Commodities Group fell nearly 20% on Friday,…
Hong Kong's rules for stablecoin issuers took effect on Friday as the government pursues its ambitions for the crypto sector.The special administrative region of China has taken steps in recent…
The signing of the GENIUS Act into law established the first comprehensive regulatory framework for US-issued stablecoins. Supporters argue it will enhance trust, drive mainstream adoption and bolster the dollar’s…
The Cyprus Securities and Exchange Commission has rolled out
a new legal framework aimed at enforcing international sanctions more
effectively. The changes took effect immediately and apply to all firms
regulated by CySEC.…
The recent US passage of the GENIUS Act marked a significant turning point for stablecoins, setting a regulatory precedent that may shape digital finance globally.Fabian Dori, chief investment officer at…