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PortuguêsAccording to the IMF’s executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection. Members of the executive board…
Continue ReadingRepresentative McHenry is convinced that Congress should take crypto regulation away from executive agencies and courts. In a letter to the leadership of the United States House Financial Services Committee,…
Continue ReadingRussian Finance Ministry official Ivan Chebeskov has opposed the proposed ban of cryptocurrency operations in Russia. In surprising comments made by the Russian director for financial policy, Russia could be…
Continue ReadingThe warning from the Financial Services Authority (OJK) comes on the heels of several calls for a crypto ban from Islamic NGOs in the country. Indonesia’s financial watchdog the Otoritas…
Continue ReadingAs the Federal reserve releases its position paper on CBDCs, the Russian Central Bank instigates yet another crypto ban scare. Last week, two central banks dropped public reports that can…
Continue ReadingFrom Bolivia to China, governments sought to restrict crypto-related activity for various reasons and with different tools. Last week, Pakistan’s Sindh High Court held a hearing on the legal status…
Continue ReadingAccording to the investigation, the world’s largest crypto exchange pursued growth while dodging regulatory scrutiny. In a report published on Friday, Reuters laid out the findings of its investigation into…
Continue ReadingWhile we are unlikely to see immediate policy effects of the exchange, legislators got educated on a wide array of blockchain-related concepts and issues. On Jan. 20, the Oversight and…
Continue ReadingDespite regulatory uncertainty, the United States is one of the world’s foremost cryptocurrency markets and dominates daily Bitcoin trading volumes. United States cryptocurrency exchange Binance.US, which operates separately from the…
Continue ReadingBitcoin startup Shakepay raised $35 million ($44 million CAD) in Series A funding round, valuing the company at $251 million. It’s another shake-up for the finance industry as Montreal-based Bitcoin…
Continue ReadingAccording to the boss of the international institution owned by central banks, it is central banks that are best positioned to shape the future of money. In a speech entitled…
Continue ReadingEuropean regulators are concerned about crypto’s risks to climate change goals. Erik Thedéen, the vice-chair of the European Securities and Markets Authority has raised concerns over the growing use of…
Continue ReadingThe move is part of a broader effort by the Singaporean watchdog to regulate advertising cryptocurrency to the public. The Monetary Authority of Singapore has reportedly decided to shut down…
Continue ReadingCrypto allies dominate the list of witnesses slated to appear before the House Committee on Energy and Commerce. As the U.S. Congress prepares to take a thorough look at the…
Continue ReadingStrong framing move by U.S. Representative Tom Emmer and a looming threat of another crypto ban in Asia: a digest of last week’s top crypto policy stories is here. Last…
Continue ReadingAmong the panel of experts that met with President Arif Alvi was Bitcoin Association founding president and Bitcoin SV advocate Jimmy Nguyen. Arif Alvi, currently serving as the president of…
Continue Reading2021 was a year of affirmation for the Brazilian crypto market with good news in the national stock market, the promise of a CBDC and Brazilian soccer joining the game.…
Continue ReadingThe Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, opt-in regime, risk-based regime, catch-all regime and…
Continue ReadingGiancarlo has been a vocal supporter of cryptocurrencies and CBDCs and has called for a “do no harm approach” to blockchain regulation. Blockchain investment firm CoinFund has appointed former United…
Continue ReadingIn a ruling that is “almost identical to the El Salvador bill,” Tongan bigwig Lord Fusitu’a anticipates that his country could adopt Bitcoin by November. Another domino is lined up…
Continue Reading2021 was a wild ride for the cryptocurrency market as a whole. Valuations skyrocketed before falling, newer entrants threatened existing players and so on. People around the world have developed…
Continue Reading“The report really is ready to go and I would expect we will drop it — I hate to say it again — in coming weeks,” said Jerome Powell. At…
Continue ReadingThe Kingdom of Morocco is the leader for Bitcoin trading across North Africa in 2021— despite its illegal status. Estimates from Triple A, a Singaporean cryptocurrency provider and aggregator, state…
Continue ReadingBy all appearances, we are in for a busy year in crypto regulation and policymaking. As Alex Tapscott put it, 2021 was the year when many governments and lawmakers began…
Continue ReadingBlockchain industry insiders answer: What were the main crypto regulatory milestones in 2021, and what should be expected in 2022? Tim Draper of Draper Associates and Draper Fisher Jurvetson Tim…
Continue ReadingBlockchain industry insiders answer: What were the main crypto regulatory milestones in 2021, and what should be expected in 2022? Yat Siu of Animoca Brands Yat is the co-founder and…
Continue ReadingIn a blow for bruised Bitcoin bulls, the long-awaited NYDIG Bitcoin ETF has suffered another setback. The United States Securities and Exchange Commission has postponed its decision to approve NYDIG’s…
Continue ReadingIn 2021, mainstream U.S. Democrats’ stance on crypto has tipped towards skepticism and preference for tighter regulation. As 2022 is kicking off, America nears the first anniversary of Joe Biden’s…
Continue ReadingWith 2021 coming to a close, it might go down as the year that brought the most mainstream attention to cryptocurrencies. The year 2021 is coming to a close, and…
Continue ReadingThe agreement is an essential step toward creating a fully regulated link between the fiat and crypto worlds, said Valereum. Gibraltar-based tech group Valereum Blockchain announced the acquisition of Juno Group, a…
Continue ReadingCorey Frayer has worked as a staff member of the Senate Banking Committee as well as a senior policy adviser for some members of the House Financial Services Committee. United…
Continue ReadingThe exchange plans to verify users’ names and resident registration details to ensure crypto transactions were “not used for illegal activities such as money laundering.” South Korean crypto exchange Coinone…
Continue ReadingWhile 2021 surely saw a few regulatory setbacks, some governments delivered masterclasses in forward-looking crypto regulation. As digital asset prices had been hitting new historical highs in 2021, many jurisdictions…
Continue ReadingThe year past saw some fundamental transformations in the relationship between state power and the digital asset space. It is that time of the year: Singular events must be abandoned…
Continue ReadingCynthia Lummis’ proposed bill reportedly aims to provide regulatory clarity on stablecoins, guide regulators around asset classes and offer consumer protections. Wyoming Senator Cynthia Lummis, one of the United States…
Continue ReadingHe called for the government to set up a Bitcoin policy, arguing that India already had some regulations in place. Nasir Hayat Magoon, The President of the Federation of Pakistan…
Continue ReadingFollowing the ASA’s decision, Arsenal announced that it would appeal against it and stated that it had provided further information regarding financial risks. The Advertising Standards Authority (ASA), a body…
Continue ReadingThis week in crypto regulation was marked by officials expressing contradictory views on how to approach digital assets. The crypto regulation regime in any jurisdiction is an equilibrium among multiple…
Continue ReadingAs stablecoins issuers were put under the pressure of Democratic witnesses, Senator Pat Toomey released his own set of regulatory principles. On Dec. 14, the United States Senate Banking, Housing…
Continue ReadingJay Clayton said that cryptocurrencies have numerous purposes and are connected to a variety of industries, and the SEC should be in charge of regulating only those sectors that are…
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