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The European Banking Authority (EBA) published the draft rules on complaints handling procedures for issuers of Assets Referenced Tokens (ART) on March 13. EBA collaborated with the European Securities and Markets Authority (ESMA) to draft the regulatory technical standards (RTS). These regulatory standards are part of MiCA provisions on stablecoins. The European Banking Authority (EBA) has published draft rules outlining the regulatory standards applicable to Stablecoin issuer s in relation to consumer complaints . EBA worked on the draft regulatory technical standards (RTS) in collaboration with the European Securities and Markets Authority (ESMA). “ In order to avoid diverging complaints handling procedures among issuers of asset referenced tokens and third-party entities, complainants should be able to file their complaints using a harmonised template valid for complaints handling procedures with issuers of asset-referenced tokens irrespective o...

The Federal Bureau of Investigation (FBI) and Securities and Exchange Commission (SEC) appear to be investigating popular Twitter spaces host and entrepreneur Mario Nawfal, following complaints of embezzlement and other wrongdoings filed by those who worked for him. Former US Air Force analyst Chet Long acted as an advisor for Nawfal. He alleges Nawfal embezzled funds from a company he once led as CEO, in a complaint filed with the US consulate in Calgary, the FBI , and the SEC back in December. He also alleges the 29-year-old entrepreneur “openly discussed tax evasion” with him. Long says that Nawfal, who apparently owes him $27,000, is officially under the FBI’s radar. Agents called Long and told him to keep a cell phone as evidence . Nawfal says he doesn’t owe Long anything. He claims he maintained an “amicable” relationship with Long despite the analyst’s claims that Nawfal caused his family emotional distress. Nawfal gained online attention as ...