Demystifying VASPs in Crypto Compliance – Thought Leaders

By Anjelica Camilleri de Marco, Senior Legal Associate specialising in corporate and commercial law matters at Global fund Advisory, Maitland Group. If it’s true that 2.3million of us now hold cryptoassets (up from 1.9million last year), interest in the virtual asset industry is only set to rise. And with the emergence of new currencies – such as Facebook’s Libra coin – and the […]

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Blockchain Firm Paxos Renames Paxos Standard (PAX) Stablecoin to Pax Dollar (USDP)

Blockchain infrastructure firm Paxos has announced the rebranding of its stablecoin from Paxos Standard (PAX) to Pax Dollar (USDP). USDP Would Transform Global Payments Paxos move to rebrand is part of its plan to distinguish itself from other stablecoin operators. According to the announcement, the firm said the USDP ticker identifies Pax Dollar more as […]

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USDC to Increase Cash Reserves as Stablecoins Battle for Transparency

Neither the author, Kai Morris, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions. As stablecoins continue their path to maturity, many projects are increasing their transparency to appeal to institutional investors. Just recently, Circle, part of the consortium behind USDC, announced it will build its stablecoin reserves […]

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Digital Assets “Not Regulated by the CFTC,” Even if They Are A Commodity: CFTC Commissioner

One of the Commissioners of Commodity Futures Trading Commission (CFTC), Dawn D. Stump, released a statement on Monday detailing the agency’s regulatory authority over digital assets. She said, “The CFTC’s regulatory oversight authority, as well as the application of our enforcement authority, must be well understood by the public. Only then can proper regulatory compliance […]

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