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PortuguêsU.S. Senator Cynthia Lummis is pushing for regulation that would ensure bitcoin remains a good store of value. If the cryptocurrency “is to become what El Salvador has done, legal…
Continue ReadingThe famous economist has warned that western nations risk losing out to China in the emerging digital economy if they continue to be dismissive of crypto. Mohamed El-Erian, chief economic…
Continue ReadingSenator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets. Republican Senator and Bitcoin proponent Cynthia Lummis said that massive government spending is…
Continue ReadingThe proposed crypto task force will examine the impact of crypto and digital currencies across the Commonwealth of Pennsylvania. A bill to establish a crypto task force in Pennsylvania has…
Continue ReadingBlockFi CEO Zack Prince rejects the New Jersey securities regulator’s claim that his firm has been offering unlicensed securities to the public. The New Jersey Bureau of Securities had issued…
Continue ReadingMember of Paraguay ‘s parliament Carlos Rejala fooled the world with his laser eyes. His supposed “Bitcoin Law” proposal doesn’t even mention Bitcoin. Rejala heard about El Salvador’s news and…
Continue ReadingMajor Indian bank ICICI has asked customers not to use the Reserve Bank of India (RBI)’s liberalised remittance scheme (LRS) for any crypto-related investments. ICICI, a leading private sector bank…
Continue ReadingSouth Korea’s strict crypto regulatory oversight is now extending to overseas exchanges that offer cryptocurrency trading services denominated in the country’s currency. Eun Sung-soo, chairman of South Korea’s Financial Services…
Continue ReadingU.S. Senator Elizabeth Warren has warned of the growing risks of cryptocurrency trading. She recently called on the U.S. Securities and Exchange Commission (SEC) to “use its full authority to…
Continue ReadingCrypto exchange giant Binance stopped allowing SEPA transfers on July 6th. This development comes on the heels of increasing regulation issues that have rocked the company in recent weeks. Binance…
Continue ReadingIndia’s finance minister has provided a status update on the country’s cryptocurrency bill that the government has been working on. “We have done a lot of work on it. We…
Continue ReadingSwitzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their portfolio around less risky assets.” The UBS analysts warned that “Regulators have demonstrated they can…
Continue ReadingThe national stock exchange of the Philippines, the PSE, says cryptocurrency is “an asset class that we cannot ignore anymore.” The stock exchange further says cryptocurrency trading “should be done…
Continue ReadingA growing number of regulators worldwide have come after Binance. Thailand’s Securities and Exchange Commission (SEC) filed a criminal complaint against the crypto exchange after the authorities in the Cayman…
Continue ReadingIndia’s crypto exchanges continue to cope with the burden of limited access to banking services. Commercial banks in India are reportedly reluctant to do business with crypto exchanges in the…
Continue ReadingA U.S. congressman has called for a law that allows the government to identify cryptocurrency users and reverse crypto transactions. “There’s a significant sentiment, increasing sentiment, in Congress that if…
Continue ReadingAs blockchain technology becomes more applicable to business and its uses continue to grow, investors are curious as to how the US will regulate crypto. Influential figures at the highest…
Continue ReadingDemocratic Representative Bill Foster has called for legal power to identify wallet holders and reverse crypto transactions in instances of criminal behavior such as ransomware attacks. Bill Foster, Democratic Representative…
Continue ReadingCryptocurrency exchange Coinbase has obtained approval from Germany’s financial regulator, Bafin, to provide cryptocurrency trading and custody services. Coinbase Germany will launch in the coming weeks. Coinbase, a Nasdaq-listed company,…
Continue ReadingLocal and international crypto businesses in the United Kingdom seem unable to meet stringent demands set by financial regulators. The United Kingdom Financial Conduct Authority’s (FCA) crypto licensing regime is…
Continue ReadingThe chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto regulation will benefit the industry in the long run. He…
Continue ReadingThe Consumer Safety Technology Act passed quickly in the House, and if enacted would require the study of blockchain tech and digital tokens. A bipartisan bill that requires the study…
Continue ReadingIranian police have reportedly seized 7,000 bitcoin mining machines operating illegally in the country. The machines were found in an abandoned factory west of the capital. 7,000 cryptocurrency mining machines…
Continue ReadingExisting law in India could mandate a 2% levy on cryptocurrency purchases from offshore-based exchanges servicing India’s market. According to local sources, the Indian Government’s 2% “equalisation levy” could be…
Continue ReadingAfter a bank run on the Iron Finance protocol cost him dearly, Mark Cuban is calling for regulation to define “what a stablecoin is and what collateralization is acceptable.” Billionaire…
Continue ReadingBillionaire investor and Shark Tank star Mark Cuban has called for cryptocurrency regulation focusing on decentralized finance (defi) and stablecoins after a token he invested in collapsed from $64 to…
Continue ReadingIran’s ICT minister has made a proposal that the Persian Gulf island of Kish should be transformed into a crypto exchange hub. Kish is an island off the Persian Gulf…
Continue ReadingThe U.S. Securities and Exchange Commission (SEC) has released its regulatory agenda which does not mention bitcoin or cryptocurrency regulation. Bitcoin, Cryptocurrencies Not on SEC’s Latest Regulatory Agenda The Office…
Continue ReadingBank of England Governor Andrew Bailey says there will be an element of “tough love” in regulating cryptocurrency. “What we cannot have is a world where innovation gets a free…
Continue ReadingThe chairman of Italy’s financial regulator has raised concerns over the cryptocurrency market without proper regulation. “Without proper oversight there could be a worsening in market transparency, the basis of…
Continue ReadingRegulatory uncertainty and the slow embrace of cryptocurrencies continue to be key impediments to the growth of Kenya’s digital currency market, experts say. They also assert that without speedy regulation,…
Continue ReadingThe Basel Committee on Banking Supervision has proposed dividing crypto assets into two groups and regulating them based on their market, liquidity, credit, and operational risks to banks. Cryptocurrencies, such…
Continue ReadingThe Thai Securities and Exchange Commission (SEC) has enacted new rules for cryptocurrency exchanges operating in the country. Certain types of cryptocurrencies, including meme coins, fan coins, and non-fungible tokens…
Continue ReadingThe SEC has warned that “investors should understand that Bitcoin, including gaining exposure through the Bitcoin futures market, is a highly speculative investment.” The U.S. Securities and Exchange Commision (SEC)…
Continue ReadingCrypto-friendly SEC Commissioner Hester Peirce called for nuanced cryptocurrency regulations as several agencies pursue stricter policy mandates. Hester Peirce of the United States Securities and Exchange Commission has once again…
Continue ReadingCFTC Commissioner Dan M. Berkovitz has called for a crackdown on unregulated DeFi derivatives platforms. Commissioner Dan M. Berkovitz of the Commodity Futures Trading Commission (CFTC) believes DeFi derivatives platforms…
Continue ReadingAn increasing number of Latin American lawmakers are donning Lazer eyes on their Twitter avatars to express their support for Bitcoin and digital assets. Gabriel Silva, a Panamanian congressman, is…
Continue ReadingTwo U.S. senators have urged lawmakers to increase measures to regulate cryptocurrencies, including how to trace cryptocurrency transactions, in order to combat ransomware attacks. “We haven’t figured out in the…
Continue ReadingThe FSC is in dialogues with South Korea’s crypto exchanges amid expanded regulatory oversight. Small and medium-sized exchanges in South Korea had a chance to express some of their grievances…
Continue ReadingThe inability to satisfy Anti-Money Laundering standards set by regulators in the United Kingdom is reportedly forcing many crypto companies out of business. Strict Anti-Money Laundering laws in the United…
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