The industry veteran will team up with Shyft Network’s core developers to strengthen security, scalability and interoperability. — BRIDGETOWN, Barbados, May 18, 2022 — Shyft Network (“Shyft”), a public protocol designed to validate identity and power compliance directly into blockchain data, today announced that Bryan Bishop, a renowned Bitcoin core developer, technologist, and veteran of the blockchain industry, is teaming up with Shyft’s core development team to collaborate…

September 19 to September 26 Welcome to another edition of Veriscope Regulatory Recap! A lot to cover this week, from Indonesia’s plan to turn on the heat against crypto exchanges to the US Treasury’s open call for public comments on crypto regulations. …

With its comprehensive framework for crypto assets, the White House called for a “more aggressive push by regulators to take on fraud in the sector.” The White House also urged authorities to double down on their efforts to develop the “Digital Dollar,” as it will significantly benefit the country’s financial…

The bill aims to clarify the country’s regulatory scenario for crypto assets. It proposes to establish the country’s central bank as the regulatory authority over cryptocurrencies. The proposal needs approval from the Chamber of Deputies and its Senate to be enacted into law. The executive branch of Uruguay has submitted…

Welcome to another exciting edition of Veriscope Regulatory Recap! In this week’s edition, we look at the recent crypto regulation guiding principles published by Abu Dhabi FSRA to the White House’s first-ever digital assets regulatory framework. So, without further ado, let’s dive straight into it. Abu Dhabi FSRA Publishes Crypto Regulation Guiding Principles

Gary Gensler, the current SEC Chairman, rejected the notion that current securities law is incompatible with the crypto market. The SEC Supremo also asked crypto intermediaries such as crypto exchanges to register with them as securities exchanges and broker-dealers. He also supported giving regulatory authority over the crypto industry to…

Welcome to another edition of Veriscope Regulatory Recap! We are back with exciting news from the world of crypto regulations this week, from the US Treasury’s decision to warn the White House over digital assets to the latest UK notifications over sanctions compliance to VASPs. …

The International Monetary Fund pitched for a globally coordinated, consistent, and comprehensive approach to crypto regulation through its recent publication. The IMF noted that the divided approach to crypto regulations among countries (ban outright or accept with open arms) is resulting in a fragmented global response. Although the IMF sees…

Welcome to another edition of Veriscope Regulatory Recap! A lot of exciting news this week, from California’s new digital asset-focused law to the FBI’s warning over DeFi protocols. There’s also an update on several significant changes to Veriscope. So, without further ado, let’s dive straight into it. Crypto Firms may Soon Require a License to Operate in California A newly passed…