Advice to local authorities facing financial restrictions

Terna Waya, Senior Upstream Regulation Officer, Freedom of Information and Transparency   Ribia Nisa, Team Manager, Public Advice and Data Protection Complaints Services   Managing request volumes and issuing timely responses to requests for information are crucial to complying with your information access obligations. We know that when resources are tight, this can become more difficult. The importance of information access is not always recognised and can easily fall off people’s radar when decisions are taken about what is considered a core service. We’ve seen the biggest impact where local…

Another U.S. SEC Democrat to Drop Out, Leaving Republicans Running Agency by February

Commissioner Jaime Lizárraga is leaving January 17, he said in a Friday statement, which could give Republicans a head start on what could otherwise have been months of delay in redirecting the regulator’s policies — including on cryptocurrency. At this point, Caroline Crenshaw will be the sole Democrat on the five-member commission going into 2025, and her term has already expired, putting her into an extension that can last as long as about 18 months. Source

How to Talk About Crypto With Your Family This Thanksgiving

While POPCAT, BONK and MOODENG capture culture and community in ways that make insiders smile, the flip side is making our industry look a little delulu. When trying to get pension funds and family offices to allocate to crypto, it’s hard to argue the virtues of Fartcoin, no matter how many brussel sprouts you’ve eaten. The memecoin craze is fun but shouldn’t overshadow the real power of crypto to bring better, more efficient, more effective financial services to the world. It’s simple — for the 1.4 billion people shut out…

Binance Boosts Compliance Staff by 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’

Though Teng’s short tenure as CEO has certainly accelerated Binance’s compliance efforts, the exchange began making an effort to be more compliant with regulators well before Zhao stepped down in November 2023. Tigran Gambaryan, Binance’s head of financial crime compliance, left the Internal Revenue Service (IRS) in 2021 to join the exchange. Noah Perlman, Binance’s chief compliance officer, started in January 2023. In 2023, Binance increased its compliance spend by 36%. Source