US lawmakers moved closer to a bipartisan agreement on new legislation that would regulate so-called stablecoins as part of efforts to impose basic safeguards on volatile cryptocurrency markets. The potential deal would mark the first significant step to apply tougher Read more
Just 13% of crypto firms that applied for authorization under the Financial Conduct Authority’s money laundering rules over the past two years have been successful. The regulator has received a flood of applications under the Fifth Anti-Money Laundering Directive — Read more
In the rubble-strewn land of virtual currencies, cash is king. A blowout in the cryptocurrency market sparked a wave of layoffs, punished valuations and drove some companies to bankruptcy. Now firms that still have capital are gearing up for a Read more
The revelation that a cryptocurrency lobbyist donated £ 500,000 to the Conservative Party two months before the government pledged to turn the UK into a global crypto hub has raised concerns about whether party funding is influencing financial policy. Tulip Read more