After meeting the leaders of Ivory Coast and Senegal in July, the CEO of the cryptocurrency Binance, Changpeng Zhao, revealed in a tweet that he had recently met the President…
Continue ReadingShark Tank star Kevin O’Leary, aka Mr. Wonderful, says he has bought the dip during the recent cryptocurrency market sell-off. He added: “Now crypto itself desperately needs policy. It needs…
Continue ReadingRegulators in the U.S. and U.K. have met to discuss broader crypto regulatory initiatives. They reaffirmed their commitment to “continued cooperation to support safe financial innovation, as well as to…
Continue ReadingA new report has claimed the Central African Republic, which became the first country in Africa to make bitcoin legal tender, recently requested the regional central bank’s assistance in developing…
Continue ReadingThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has published a video explaining how the agency plans to regulate crypto exchanges. “I’ve asked our staff to…
Continue ReadingIn a report released on 26 July, the International Monetary Fund claimed that the Bitcoin [BTC] bear market has no bearing on the stability of the world’s financial system. The…
Continue ReadingShark Tank star and the owner of the NBA team Dallas Mavericks, Mark Cuban, has warned that the U.S. Securities and Exchange Commission (SEC) will come up with rules for…
Continue ReadingThe U.S. Securities and Exchange Commission (SEC) has been heavily criticized for its approach to regulating the crypto sector. The criticism followed the securities regulator’s action against a former Coinbase…
Continue ReadingCryptocurrency for political campaign contributions will now be allowed in California, after a ban was lifted by the state’s Fair Political Practices Commission, Friday. The FPPC has voted to lift…
Continue ReadingA U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in…
Continue ReadingIndia’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulation or…
Continue ReadingThe Seychelles-based crypto trading app, OKX, recently became the latest virtual assets service provider to be granted a provisional licence to provide its services in the United Arab Emirates (UAE).…
Continue ReadingThe chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto regulation. “We do have robust authorities from…
Continue ReadingBank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrencies are “very vulnerable to sentiment and prone to collapse.” He urged regulators to “get on…
Continue ReadingBitcoin and other types of crypto has just been outlawed in Russia by no less than the commander in chief himself. A Russian legislative support system website said that on…
Continue ReadingEuropean Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question”…
Continue ReadingTo investigate the opportunities and hazards that crypto assets present for consumers and businesses, UK Lawmakers Treasury Select Committee has opened an investigation into them. UK Lawmakers Launch Inquiry Today,…
Continue ReadingThe G20 has thus far restricted itself to merely keeping an eye on the cryptocurrency market, noting that it has found no compelling reason to strictly clamp down on the…
Continue ReadingFederal Reserve Vice Chair Lael Brainard has stressed the importance of establishing sound regulation for the crypto financial system “now before the crypto ecosystem becomes so large or interconnected that…
Continue ReadingThe Russian Ministry of Finance is ready to back the legalization of transactions with stablecoins in Russia, according to a high-ranking representative. While the ministry recognizes that cryptocurrencies could lay…
Continue ReadingA local think tank, Infrawatch PH, encouraged the Philippine Department of Trade and Industry (DTI) to investigate the cryptocurrency exchange, Binance’s unauthorized promotion techniques via a letter. According to the…
Continue ReadingA Solana investor has filed a class action lawsuit against major stakeholders in the Solana network for allegedly benefitting off SOL, the native coin of the blockchain which, according to…
Continue ReadingIn April of last year, the British Treasury unveiled a number of efforts aimed at establishing the United Kingdom as a premier destination for crypto technology and investments. In a…
Continue ReadingIt says users in the United States can expect digital asset services to come in the future. A subsidiary of the Huobi cryptocurrency exchange called HBIT Inc has received its…
Continue ReadingThe 30% crypto income tax policy came into effect in India in February 2022. The country’s finance minister Nirmala Sitharaman described the tax law as another step toward positive crypto…
Continue ReadingTrading volume on crypto exchanges in India has taken a large hit of more than 70% since the start of the 1% TDS rule. Crypto Trading Volumes On WazirX, ZebPay,…
Continue ReadingBitcoin has a strong ally in Mexico. The crypto must be accepted as a legal tender, a Mexican senator said. Senator for the state of Nuevo León, Indira Kempis, is…
Continue ReadingWhen it comes to cryptocurrency, the South American country Argentina from crypto adoption to regulations, has a long list of hot topics. As well as, according to a recent news…
Continue ReadingThe Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the bank’s governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory…
Continue ReadingThe remarks from the regulator’s chief fintech officer could see the city-state lose its perception as one of the most crypto-friendly countries in the world. Singapore’s financial regulator and central…
Continue ReadingFederal Reserve Chairman Jerome Powell says the central bank is “not really seeing significant macroeconomic implications” from crypto’s volatility. The Fed chair stressed that there is a need for a…
Continue ReadingGovernment authorities around the globe have been restructuring regulation rules after seeing excessive market volatility following the Terra collapse. Similarly, while updating money laundering rules, the United Kingdom’s HM Treasury…
Continue ReadingThe State Duma, Russia’s lower house of parliament, has submitted legislation making it illegal to pay with cryptocurrency. The bill’s sponsors want crypto platforms to be tasked with preventing transactions…
Continue ReadingFollowing the recent shockwaves of the (LUNA) crash which had shaken the spirit of many crypto enthusiasts, South Korea’s ruling party, People Power Party (PPP), is reportedly considering new crypto…
Continue ReadingBank of Canada’s senior deputy governor says the central bank does not want to wait until crypto “gets a lot larger” before it brings regulatory controls in place. “This is…
Continue ReadingThe European Union is reportedly nearing close to reaching an agreement in the Markets in Crypto-Assets (MiCA) regarding the regulatory framework. This framework concerns a legislative package which will be…
Continue ReadingLithuania is taking cryptocurrency regulation seriously. The institutions of the European Union are urged to expedite the process of regulating cryptocurrencies in consideration of the growing number of crypto-asset service providers…
Continue ReadingAs of this writing, the market capitalization of cryptocurrencies totals $1,7 trillion, comprised of around 18,140 cryptocurrencies and 460 exchanges. Approximately $90 billion worth of cryptocurrencies, namely Bitcoin and Ethereum,…
Continue Reading“We are aware of the recent devaluation in the price of cryptocurrencies and remain confident that it does not threaten the island’s ability to become a crypto hub,” said Bermuda’s…
Continue ReadingBermuda is the latest country that wishes to be in the forefront when it comes to crypto and its regulations. It is now set to develop an extensive and comprehensive…
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