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PortuguêsJPMorgan Chase CEO Jamie Dimon says crypto tokens are like pet rocks. The executive also believes crypto regulation should be strengthened, stating: “The regulators who beat up on banks should…
Continue ReadingA bill that would create new licensing and electricity purchase requirements has been sent on to a third vote. Kazakhstan is moving forward with regulation that will further stifle its…
Continue ReadingThe reconsideration of the bill, ‘Regulating the industry and marketing of virtual assets — crypto assets’, received 38 votes out of a total of 80 lawmakers. The Chamber of Deputies,…
Continue ReadingThe UK government is reportedly working on a framework aimed at regulating the cryptocurrency industry. The UK Treasury, which will be in charge of scrutinizing the sale and marketing of…
Continue ReadingThe crypto lending platform says it will no longer accept new registrations, and operations for existing customers will eventually be wound down. The crypto borrowing and lending platform Nexo plans to…
Continue ReadingIn a recent statement, the European Parliament said its members would shortly “vote on adopting the regulation on markets in crypto-assets (MiCA).” According to the parliamentary body’s think tank, the…
Continue ReadingThe New York State Department of Financial Services (DFS) has presented a proposal to amend state legislation and charge licensed cryptocurrency companies for regulating them. Although it may seem strange,…
Continue ReadingHong Kong central bank executive looked optimistic about the future of decentralized tech, while the Korean central bank governor has his doubts in the wake of the recent crypto contagion.…
Continue ReadingThough some crypto firms operate in New York with a BitLicense, many including NYC Mayor Eric Adams have criticized the licensing regime as a difficult barrier to cross. The New…
Continue ReadingCongress should start by addressing what cryptocurrencies are securities and what are commodities. As a crypto CEO, I know how often our sector is misunderstood and criticized. Sometimes, the criticism…
Continue ReadingU.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment…
Continue ReadingThe Chief Economist at Israel’s Ministry of Finance, Shira Greenburg, published a list of recommendations for the regulation of digital assets on 28 November. She called for a more comprehensive…
Continue ReadingThe chief economist said the Supervisor of Financial Service Providers and the Israel Securities Authority should be granted more powers to oversee the industry. Israel’s chief economist has laid out…
Continue ReadingThe FTX saga has made some crypto executives, researchers, analysts, and politicians more aligned on regulation than ever. Crypto executives and politicians are becoming louder in their calls for crypto…
Continue ReadingJPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives,…
Continue ReadingBillionaire Bill Ackman has warned that the crypto industry needs to self-police or it risks being shut down. He added that regulators need more resources to police the bad actors…
Continue ReadingThe first and the last major attempt to encourage a comprehensive crypto framework was buried in the House of Commons on Nov. 23. In October, Toronto-based Coinsquare became the first…
Continue ReadingFTX’s collapse is one of the reasons why countries in the region should adopt regulation, noted the monetary fund. The International Monetary Fund (IMF) is calling for increased regulation of…
Continue ReadingSouth Korean politician of the People Power Party, Yoon Chang-hyun, proposed amendments to the digital asset safe transaction bill as he believes the existing bill does not guarantee user protection…
Continue ReadingA well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest…
Continue ReadingWhat is BUSD? Recently, there have been many questions about the safety and soundness of products in the crypto space. There have been many questions about stablecoins in general, so…
Continue ReadingThe cybersecurity firm predicted that crypto-related cybercrime won’t slow down in 2023, but it will move on from Bitcoin as a source of payment. Bitcoin (BTC) is forecasted to be…
Continue ReadingBank of England’s deputy governor for financial stability, Sir Jon Cunliffe, says the collapse of cryptocurrency exchange FTX has highlighted the urgent need for tighter crypto regulation. “We should not…
Continue ReadingWhile speaking at a conference in Coventry, Sir Jon Cunliffe, the Deputy Governor of the Bank of England, weighed in on regulations for cryptocurrency. The official initially intended to speak…
Continue ReadingBlockchain technologies can bring improvements to finance, given a regulatory framework, and links between DeFi and TradFi are being rapidly cemented already, Cunliffe said. Bank of England Deputy Governor Jon…
Continue ReadingA special council under Ukraine’s securities regulator will be tasked to develop rules for crypto taxation in the country. The new body will be also responsible for coordinating the regulation…
Continue ReadingFTX is the greatest excuse, whether planned or not, to further control bitcoin on-ramps and take away the possibility of self-custody and true ownership. This is an opinion editorial by…
Continue Reading“This is categorically a very, very negative thing for human beings and for the regulatory environment,” Yang said. Calls for harsher regulations around cryptocurrencies and digital assets will likely grow…
Continue ReadingThe commissioner said Congress may have to intervene in relations between the regulating agencies, but both have a role to work out; until then the burden is on the states.…
Continue ReadingA spokesperson for Australian Treasurer Jim Chalmers said they are closely monitoring the fallout from FTX’s collapse. The Australian government has doubled down on its commitment towards a robust regulatory…
Continue ReadingU.S. Treasury Secretary Janet Yellen and Federal Reserve Vice Chair Lael Brainard have stressed the need for strong crypto regulation. Yellen said the FTX collapse shows “the weaknesses” of the…
Continue ReadingU.S Congressman Brad Sherman has taken aim at crypto’s rich and elite, accusing them of impeding necessary legislations required to regulate the industry. The representative of California’s 30th Congressional District…
Continue ReadingU.S. Treasury Secretary Janet Yellen and Indian Finance Minister Nirmala Sitharaman discussed crypto regulation during the ninth India-U.S. Economic and Financial Partnership meeting. They stressed the importance of international cooperation…
Continue ReadingAccording to reports, the CEO of Coinbase, Brian Armstrong, expressed dissatisfaction over the recent actions from the regulators. The US Securities and Exchange Commission (SEC) has created massive quakes regarding…
Continue ReadingAccording to Press Secretary Karine Jean-Pierre, the administration and financial agencies will “closely monitor” developments in the crypto market. The White House said the Biden administration was monitoring the situation…
Continue ReadingThe U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange. Coinbase CEO Brian Armstrong was not delighted with…
Continue Reading“With a global MiCA, the FTX crash would not have happened,” said European Parliament economics committee member Stefan Berger. European Parliament economics committee member Stefan Berger has compared the current…
Continue ReadingOnce known as a hub for crypto verse, specifically in the first decade of Bitcoin’s inception, Japan started to put regulations around the crypto sphere in 2018. Not eager to…
Continue ReadingConvinced that cryptocurrencies are affecting the tasks performed by monetary authorities around the world, the Dutch central bank has urged for comprehensive international regulations. The call comes after research into…
Continue ReadingAccording to the DCMS committee, NFT regulation in the U.K. is “largely non-existent,” with lawmakers planning to assess the assets ahead of a review by the treasury department. Members of…
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