What is the current state of crypto tax reporting?
Despite the rising usage of cryptocurrency, regulations are still quite bare and confusing. Principal to this is crypto tax reporting, which some countries are setting rules for, before even clarifying taxation laws.
FCA appoints members to its new Innovation Advisory Group
The Financial Conduct Authority (FCA) has named the members of its Innovation Advisory Group, which will join as the group meets later this month.
EU regulators hold public meeting to discuss DORA
The three European Supervisory Authorities (EBA, EIOPA and ESMA) have held a joint digital public event to discuss the Digital Operational Resilience Act (DORA).
Blockchain intelligence platform Elementus snares $10m
Elementus, a blockchain intelligence platform aimed at helping financial institutions and crypto exchanges, has raised $10m in its Series A-1 round.
RegTech firm Alessa names new SVP of sales
Alessa, a leading provider of Anti-Money Laundering and Fraud solutions, has appointed Jeff Woods as senior vice president of sales.
Should firms adopt third-party RegTech solutions instead of building them in-house?
In the past, it would be common for many RegTech firms to build and run their own solutions themselves. However, changing trends and technologies mean third-party is becoming a bigger option.
Digital injection attacks 5-times more common than presentation attacks
Digital injection attacks, where criminals bypass video biometrics with synthetic imagery, are now five times more common than presentation attacks, i.e. wearing a mask or showing a photo.
VAT compliance startup Staxxer bags €1m
Staxxer, a Netherlands-based platform for VAT compliance in e-commerce, has reportedly raised €1m in funding.
European Commission unveils Green Deal Industrial Plan
The EC has launched its Green Deal Industrial Plan, a series of strategies aimed at boosting competitiveness of Europe’s net-zero industries.
Australian government unveils token mapping consultation paper
The Australian government is seeking responses to its latest consultation paper on the topic of token mapping.