ChainCatcher news, according to Cointelegraph, Dubai's cryptocurrency regulator has required licensed digital asset companies to comply with its latest version of the activity-based rulebook by June 19, in order to enhance market integrity and risk regulation.On May 19, the Dubai Virtual Assets Regulatory Authority (VARA) announced the release of the Rulebook 2.0.The Dubai regulator stated that it has strengthened the oversight of margin trading and token distribution services, enhanced the consistency of compliance requirements for all licensed businesses, and provided clearer definitions for collateral wallet arrangements.

ChainCatcher News: Japanese authorities urge banks to adopt "post-quantum" technology to prevent hackers. Japanese financial regulators hope domestic banks will adopt next-generation encryption technology.

ChainCatcher message, Dogecoin official posted on X: "Regulators do not see us as a 'Meme coin', it's like scientists do not consider Pluto a planet. Everyone knows we still excel in key areas."

ChainCatcher news, according to Finance Magnates, the European Securities and Markets Authority (ESMA) has released the "Final Guidelines on the Regulation of Market Abuse in Crypto Assets," which will be fully implemented within three months after its publication as part of the MiCA regulatory framework.The guidelines require the regulatory authorities of the 27 EU member states to establish a unified market monitoring system, focusing on preventing three types of violations: insider trading, illegal information disclosure, and market manipulation, with a particular emphasis on strengthening the regulation of false information dissemination on social media, blogs, and other online platforms.The document mandates that Professional Trading Firms (PPAETs) must deploy automated monitoring tools and establish a tiered processing mechanism for Suspicious Transaction Reports (STORs).For cross-border regulation, ESMA explicitly requires national regulatory authorities to share regulatory cases involving non-EU crypto firms and to regularly report to ESMA on cross-border cooperation obstacles. It is noteworthy that the guideline development process did not include a public consultation.ESMA explains that, since Article 125 of the MiCA regulation has already provided clear authorization, and the guidelines are aimed solely at regulatory authorities rather than market participants. National regulatory authorities must submit a compliance commitment letter to ESMA within two months, and if they choose partial exemptions, they must specify the details.

ChainCatcher news, according to Cointelegraph, Australia's anti-money laundering agency AUSTRAC has requested registered but non-operational cryptocurrency exchanges to voluntarily cancel their registrations, or they will be forcibly deregistered. The agency stated on April 29 that among the current 427 registered exchanges, some that have not conducted business for a long time may be acquired by criminals for fraud. AUSTRAC CEO Brendan Thomas emphasized that registered businesses must timely update their operational status, or they will face "use it or lose it" measures.AUSTRAC plans to publish a list of registered exchanges to help the public identify legitimate platforms. Since 2019, 10 institutions have had their qualifications revoked, including the local subsidiary of FTX, which will be processed in June 2024. In February of this year, the agency also took compliance review measures against 13 remittance service providers and exchanges. Currently, Australia has not yet introduced specific cryptocurrency regulations, and the government intends to advance the inclusion of exchanges into the existing financial services regulatory framework before the May 3 elections.

ChainCatcher news, according to Bloomberg, the Bitcoin mining company American Bitcoin, in which Trump's son is involved, has had conflicts with regulators.American Bitcoin will merge with the publicly traded company Hut 8 Corp. Hut 8 CEO Asher Genoot and Chief Strategy Officer Michael Ho founded the mining company US Bitcoin in 2020 before taking leadership roles at Hut 8. This mining machine company was created with "substantial assistance" from investors Groussman and Stetson, who settled with the U.S. Securities and Exchange Commission in a stock manipulation case in 2018 that profited over $27 million.A spokesperson for Hut 8 stated that Genoot and Eric Trump are both in Florida and have many mutual friends, and they collaborated on the deal to create the new company called American Bitcoin. There is no evidence that Eric and Donald Trump Jr. were aware of past regulatory actions.

ChainCatcher news, according to Jinshi reports, there are market rumors that European financial regulators are questioning the safe-haven status of U.S. Treasury bonds.

ChainCatcher news, according to Decrypt, the cryptocurrency company Hayvn has been fined $12.45 million by Abu Dhabi regulators for anti-money laundering control issues.Investigators from the Abu Dhabi Financial Services Regulatory Authority stated that Hayvn had been processing customer transactions through an unlicensed special purpose company, AC Holding, while AC Holding provided over 200 forged documents to banking partners.

ChainCatcher news, according to Digital Today, South Korean financial regulators have decided to postpone the application of the Credit Information Act to virtual asset service providers (VASP) until December 1, 2025. Previously, the Financial Services Commission defined cryptocurrency user transaction information as "credit information," requiring cryptocurrency exchanges to comply with this law. Considering the insufficient preparation time for the industry, the Financial Supervisory Service has decided not to impose penalties for related violations during the grace period, unless there are exceptions such as intentional misconduct or gross negligence.

ChainCatcher news, according to The Block, Jack Dorsey's payment company Block, Inc. has reached a $40 million settlement with New York state financial regulators due to anti-money laundering violations.The consent order released by the New York State Department of Financial Services on Thursday stated that the investigation found that the fintech company, formerly known as Square, "failed to adequately consider the significant risks posed by the scale and complexity of its business" in its anti-money laundering program when providing Bitcoin services through Cash App.Regulators specifically pointed out three major vulnerabilities at Block: a lack of risk-based anti-money laundering controls, insufficient customer due diligence, and lax handling of high-risk Bitcoin transactions that led to a large number of anonymous transactions going unchecked. This is the second time this year that Block has paid a settlement due to anti-money laundering issues. In January, the company paid $80 million to financial regulators in 48 states.A Block spokesperson stated that this settlement marks the resolution of all state-level remittance license matters and emphasized that while the company did not admit to the findings of the investigation, it has invested significant resources to improve the compliance framework of Cash App. Under the agreement, Block must hire an independent monitor to implement corrective actions.

ChainCatcher news, according to Cointelegraph, the Executive Director of the European Securities and Markets Authority (ESMA), Natasha Cazenave, stated to the Economic and Monetary Affairs Committee on April 8 that as the cryptocurrency industry grows and deepens its connections with traditional financial institutions, a sharp decline in cryptocurrency prices in the future could have a ripple effect on the overall financial system. Although crypto assets currently account for only 1% of global financial assets and do not yet pose a significant "spillover effect," their rapid development, especially in the crypto-friendly U.S. market, is noteworthy. The EU has implemented the Markets in Crypto-Assets Regulation (MiCA) to address risks, but Cazenave emphasized that "there are no absolutely safe crypto assets," and more rules may be needed to mitigate future risks. Currently, about 10%-20% of European investors hold crypto assets, while 95% of European banks have yet to enter this field.

ChainCatcher news, according to Cointelegraph, the Federal Court of Australia has approved the application submitted by the Australian securities regulator to shut down 95 companies suspected of operating cryptocurrency trading and romance scams known as "hydra." The Australian Securities and Investments Commission (ASIC) has received approval for its winding-up application from the Federal Court of Australia based on principles of justice and fairness, after ASIC found that most of these companies were registered with false information.ASIC Deputy Chair Sarah Court stated in a statement on April 8 that many of these companies claimed to provide "real services" at the time of their establishment, but were actually suspected of defrauding victims. After reviewing 48 "misconduct reviews" of 17 companies accused of assisting romance scams, Justice Angus Stewart stated in a court ruling on April 4: "The nature of these scams appears to exhibit a common 'pig butchering' pattern." The ruling was made on March 21.

ChainCatcher news, BlackRock has obtained approval from the UK's Financial Conduct Authority (FCA) to register as a cryptocurrency company, which means this investment giant can offer crypto services in the UK.According to the regulator's website, on April 1, BlackRock became the 51st cryptocurrency asset company registered with the agency, joining the ranks of companies like Coinbase, PayPal, and Revolut. The agency has faced criticism from the crypto industry in the past for approving only about 14% of registration applications, and the FCA stated on its website: "We rejected submissions that did not contain the key components required for assessment, or submissions that were invalid due to poor quality of key components."

ChainCatcher news, according to a report by CoinDesk, the joint report released on April 1 by the three major EU regulatory bodies, including ESMA, pointed out that the increasingly crypto-friendly policy stance of the United States is deepening the correlation between crypto assets and traditional financial markets, which may increase systemic risk.The report mentioned that the U.S. deregulatory policy expectations are likely to raise the volatility of crypto valuations, and if there are no corresponding safeguards, it could trigger negative spillover effects on traditional finance. ECB officials also called for the development of a digital euro to address the high volatility of crypto assets and the global expansion of dollar-dominated stablecoins.

ChainCatcher news, according to Crypto in America, the U.S. cryptocurrency exchange Coinbase is still pursuing a Freedom of Information Act (FOIA) lawsuit against the Federal Deposit Insurance Corporation (FDIC), despite the regulator's recent shift towards a more lenient stance on cryptocurrency.

ChainCatcher news, the Australian Transaction Reports and Analysis Centre (AUSTRAC) has issued a warning to cryptocurrency ATM operators, indicating that some machines may be used for money laundering or fraud. The statement shows that there are signs of suspicious activities related to scams and fraud involving cryptocurrency ATMs.AUSTRAC CEO Brendan Thomas stated that it will ensure operators take measures to reduce the risks of money laundering and fraud.Currently, Australia has 1,648 cryptocurrency ATMs, the most in the Asia-Pacific region, with 348 located in Sydney. Recently, the United States has also strengthened regulations on cryptocurrency ATMs, with an Illinois senator proposing a bill to limit daily transaction amounts and require refund protections.

ChainCatcher news, according to Decrypt, New Jersey regulators have ordered Kalshi and Robinhood to stop offering sports event-based prediction markets to local residents in New Jersey. Earlier this month, Robinhood partnered with Kalshi to launch a prediction market focused on the NCAA basketball tournament March Madness.The New Jersey Division of Gaming Enforcement accused these trading platforms of illegally providing sports betting services in a cease and desist order. The regulators demanded that both companies stop allowing New Jersey residents to place bets on sports events and cancel existing sports-related wagers from local residents. The letter stated that Robinhood and Kalshi must comply with the order by March 28, or they will face enforcement action.

ChainCatcher news, the Financial Intelligence Unit (FIU) of South Korea announced that starting from March 25, it will implement domestic access restrictions on the Google Play platform applications of 17 overseas virtual asset service providers (VASP) that are not registered in South Korea, including KuCoin, MEXC, etc. This means that users will not be able to install the relevant applications anew, and existing users will also be unable to update.

ChainCatcher news, according to Bloomberg, major cryptocurrency firms are returning to the Indian market, betting on a potential easing of regulatory policies. The U.S. exchange Coinbase has recently registered with the Indian Financial Intelligence Unit (FIU) and plans to launch a retail trading platform and expand its investments in India. Previously, platforms such as Binance, Bybit, and KuCoin have also completed their registrations, indicating a reconfiguration in the Indian market.India originally planned to release a cryptocurrency regulatory consultation document during its G20 presidency in 2023, but this has not yet been implemented. With the global policy environment shifting, particularly due to the pro-crypto agenda proposed by former U.S. President Trump, India is re-evaluating its regulatory strategy.Ajay Seth, Secretary of the Ministry of Economic Affairs of India, stated at a roundtable that several jurisdictions have significantly adjusted their positions over the past year. The risks of digital assets such as stablecoins, as well as the potential for cryptocurrencies to drive cross-border capital flows, could have profound impacts on emerging economies like India. He revealed that relevant discussion documents have been prepared but need to be revised according to the new circumstances.

ChainCatcher news, according to Cryptonews, the Dutch Authority for the Financial Markets (AFM) has fined the online crypto and stock trading platform BUX €1.6 million for attracting new customers through financial influencers (Finfluencers) and referral programs, violating industry regulations.