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EU Commission report suggests rethink of regulatory approach to DeFi
3.5.2022
The report highlights the DeFi’s potential for lower financial audit costs and substantial opportunities for financial integration across borders
Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading
1.5.2022
The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms like crypto assets, exchange, and mining, and determines the main regulatory body for the industry. Agency Under President...
Central African Republic Has Adopted Bitcoin as Reference Currency — Office of the Presidency
28.4.2022
Following the confusion that surrounded initial reports, a senior staffer in the Central African Republic (CAR)’s presidency has now confirmed that bitcoin will become the country’s reference currency. First Country in Africa to Officially Adopt Bitcoin A press statement supposedly...
Russian Law Enforcement Submits Proposals to Regulate Seizure of Crypto Assets, Data Sharing
28.4.2022
Russian Ministry of Finance has accepted a number of crypto regulatory proposals submitted by the country’s law enforcement departments. They cover a range of related areas, including the seizure of digital assets and the reporting of information on cryptocurrency transactions. Finance...
Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulations
28.4.2022
Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent “a lawless frenzy of risk-taking.” Speaking in the U.S., the ECB official called for a global regulatory clampdown on cryptocurrencies...
Regulatory Clarity, More Transactional Use Could Boost Stablecoin Adoption - Crypto Summit Panel
26.4.2022
The USD 80bn-heavy stablecoin industry requires more regulatory clarity and harmonization across jurisdictions, but the coins' increased use for transactions is the ultimate factor that will boost adoption across the world, according to the participants of a discussion held at the Crypto...
ECB needs 'globally coordinated regulatory action' on crypto, says official
25.4.2022
One of Fabio Panetta’s concerns seemed to be how the ECB and lawmakers address the taxation of cryptoassets, describing current requirements as “minimal."
Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements
23.4.2022
Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects to be excluded from the requirements to register as legal...
Crypto Lender Celsius Says Its CEL Token Faces ‘Regulatory Risks’
22.4.2022
Lost keys, stolen coins, failing chains – and now regulation – could impact CEL, a Celsius Network disclosure form said
Ethereum's Merge Could Lower Demand for Bitcoin but Regulatory & Technical Challenges Persist
22.4.2022
Ethereum’s (ETH) transition to proof-of-stake (PoS), known as The Merge, will likely lead some current bitcoin (BTC) holders to move part of their capital to ETH, one industry insider argues. Others, meanwhile, say that despite a yield on ETH being attractive, regulatory scrutiny means more...
Goldman Sachs reportedly eyes FTX alliance with regulatory and public listing assistance
21.4.2022
The reported discussion between the two CEOs of the company happened in March last month, at a time when FTX requested CFTC to eliminate the role of brokers in product offerings
Co-Founder of Zimbabwean Fintech Startup: ‘Everyone Has a Right to Access Funds and Financial Freedom’
21.4.2022
Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocurrencies are still not using them. Regulatory...
Argentina Launches Regulatory Sandbox for Crypto Innovators & Investors
21.4.2022
Argentina is edging toward crypto regulation – as well as further adoption – with a new “innovation hub” that will allow regulators, investors, and crypto startups to work together....
Read More: Argentina Launches Regulatory Sandbox for Crypto Innovators & Investors
Half of assessed jurisdictions don't have 'adequate laws and regulatory structures' — FATF
19.4.2022
The organization reported that only 9% of countries were “substantially effective” in areas including having banks and VASPs verify users’ information
Self-Regulatory Organizations Growing Alongside New U.S. Crypto Regulation
18.4.2022
SROs can eventually provide “connective tissue” between the crypto industry and government as U.S. regulatory infrastructure forms
Oman to Incorporate Real Estate Tokenization in Virtual Assets Regulatory Framework
17.4.2022
Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)’s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real Estate...
Bitstamp asks users to update the source of their crypto, citing regulatory compliance
15.4.2022
Bitstamp now requires users to provide info like nationality, place of birth and tax residency, in addition to documents proving the origin of crypto and the annual income
Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper
15.4.2022
The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear the regulator’s stance regarding...
China-based regulatory and trade associations target NFTs in latest risk notice
13.4.2022
“We solemnly call on consumers to [...] be vigilant and stay away from NFT-related illegal financial activities,” said the associations
Prime Trust Hires Secret Service Veteran to Head Regulatory Affairs
12.4.2022
The crypto custody and infrastructure firm counts Binance.US and FTX among its clients