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IMF Official: Regulating Crypto Assets Is High on the Agenda for India


A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulations. I think that’s important for India to also adopt,” said...

Belarus Adopts Legal Procedure for Seizure of Illicit Cryptocurrency


Implementing a recently signed presidential decree, the government of Belarus has introduced a procedure allowing the state to seize digital currency holdings. The move will grant law enforcement authorities in Minsk powers to seize crypto assets linked to illegal activities. Justice Ministry...

Russian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets


Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks. While financial regulators think the idea deserves attention, lawmakers and experts doubt it’s possible to implement such...

Republic of Ireland to Prohibit Political Cryptocurrency Donations


The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European nation’s elections against the backdrop of a clash between the West and Moscow over the...

Crypto Proponents Fear SEC 'Backdoor' Regulations on Exchanges, Dealers


Lawyers and lobbyist for the cryptocurrency industry have raised objections to Securities and Exchange Commission proposals that could formally expand crypto oversight. The comment deadline arrived Monday for the first of those rule that amplifies the scope of how the agency defines exchanges

Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial


Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,”...

National Bank of Georgia to Regulate Country’s Crypto Sector


The National Bank of Georgia is taking steps to regulate the crypto market in the Southern Caucasus country, its governor revealed in a recent interview. While companies in the industry are to expect a licensing regime, financial institutions have already been banned from providing crypto-related...

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