20 - Crypto Regulations Evolve: UK Charges ATM Operator And Proposes Digital Asset Law

This episode covers the UK's first prosecution of an illegal crypto ATM operator and proposed legislation to recognize digital assets as personal property. We also discuss the OECD's new Crypto-Asset Reporting Framework, the UAE's central bank merger with its insurance authority, and contrasting views on DeFi regulation in the US Congress.

Sources:
https://ledgerinsights.com/us-credit-union-regulator-ncua-appears-supportive-of-crypto-stablecoins/
https://www.greatyarmouthmercury.co.uk/news/national/24575071.watchdog-charges-first-person-operating-illegal-crypto-atm-network-uk/
https://www.atlas-mag.net/en/article/merger-between-the-insurance-authority-and-the-central-bank-of-uae
https://financefeeds.com/crypto-asset-reporting-framework-carf-good-or-bad-for-crypto/
https://financefeeds.com/crypto-asset-reporting-framework-carf-good-or-bad-for-crypto/
https://cryptoslate.com/uk-parliament-proposes-legislation-to-recognize-digital-assets-as-personal-property/
https://financefeeds.com/crypto-asset-reporting-framework-carf-good-or-bad-for-crypto/
https://cryptoslate.com/uk-parliament-proposes-legislation-to-recognize-digital-assets-as-personal-property/
https://cryptoslate.com/congressional-hearing-on-defi-reveals-deep-partisan-divide-over-regulatory-approach/

Outline:
(00:00:00) Introduction
(00:00:37) US Credit Union Regulator NCUA Shows Support for Cryptocurrencies and Stablecoins
(00:02:17) UK Watchdog Charges First Person with Operating Illegal Crypto ATM Network
(00:04:08) Merger between the Insurance Authority and the Central Bank of UAE
(00:06:55) Singapore and US Take Steps to Regulate Crypto and DeFi
(00:08:43) UK Parliament Proposes Legislation to Recognize Digital Assets as Personal Property
(00:10:33) Crypto Regulation Debates Heat Up in US Congress and UK