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UK’s FinProm a welcome change, but challenge persists — Transak compliance head

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Transak’s compliance chief, James Young, told Cointelegraph that while the U.K.’s new crypto marketing rules are good for the industry, they still pose challenges to some firms operating in the decentralized space.

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Coin Market

US regulators push user ID requirements for stablecoin issuers akin to regulated banks

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The proposed rules by US government agencies suggested that stablecoin issuers be subject to customer identification program requirements under the Bank Secrecy Act, the same as regulated financial firms.

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Coin Market

Bitcoin decouples from tech stocks: Is $60K BTC’s next stop?

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Bitcoin’s slump accelerated as capital rotated further into the AI sector, raising the odds of a BTC price drop below $60,000.

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Coin Market

Custodia, Vantage propose token that toggles between bank deposits and stablecoins

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The proposed system aims to connect traditional banking infrastructure with blockchain-based payment networks with banks retaining customer deposits.

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