Regulatory compliance in crypto refers to adherence to laws and guidelines set by governing bodies to ensure safe and legal operation of digital asset businesses.
Financial giant State Street has launched a new money market fund designed to manage assets backing stablecoins, aligning with the principles of the GENIUS Act. This move signals a significant shift in how stablecoin reserves are managed by traditional finance.
Japanese crypto exchange Bitbank is increasing scrutiny on transactions linked to the Polymarket prediction market. The exchange has alerted users to potential account suspensions if such transfers are detected, citing concerns over Japanese gambling regulations.
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