Why G7’s proposed crypto regulations will be bad for DeFi

FATF’s travel rule is looming over the crypto industry as an existential threat, writes Jack Jia of Unlimint. Here's why it's especially worrying to DeFi and self-custody wallet users.

• 2023-06-05
• Group of 7 KYC Financial Stability Board service providers crypto International Monetary Fund DeFi Financial Action Task Force service provider

Axa Investment registers as crypto service provider in France

Apart from the French investment firm, Binance, Bitstamp, and Societe Generale have received such nods in the country. The move comes after the European Union (EU) deemed last year that cryptocurrency companies will need a license and customer safeguards to issue and sell digital tokens in the EU.

• 2023-03-08
• Axa Investment Managers service disruption service provider regulatory approvals financial firms France service Societe Generale European Union