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Report: Kenyan Subscribers Constituted 25% Worldcoin’s Global Total in July
4.9.2023
At some point in July, there were as many as 350,000 Kenya-based residents who had subscribed and shown interest in receiving Worldcoin’s crypto token. According to a Kenyan legislator, Worldcoin executives are now expected to appear before a parliamentary committee on Sept....
Kenya forms parliamentary committee to investigate Worldcoin
21.8.2023
The controversial crypto project’s launch has been marred into controversy and it's already facing investigations in nearly half a dozen countries
New Zealand parliamentary report advises against hasty crypto regulation
18.8.2023
An independent report prepared for a House committee suggests the government foster the development of digital asset technology and regulate it cooperatively
Parliamentary report recommends Canada recognize, strategize blockchain industry
10.7.2023
“Canada punches above its weight” in blockchain innovation, parliamentarians conclude, but lots more should be done to encourage the industry
Bill Seeks to Oblige South Korean Lawmakers to Declare Crypto Assets
24.5.2023
A new bill requiring South Korean lawmakers to disclose their cryptocurrency holdings has been proposed in Seoul. The legislative initiative comes amid a snowballing scandal surrounding the crypto dealings of an opposition lawmaker whose case has been referred to the parliamentary ethics committee....
Indian Government Answers Questions About Crypto Legalization, Fraud Prevention
6.4.2023
The Indian government has responded to parliamentary questions about the legalization of cryptocurrency and the steps it has taken to prevent crypto-related fraud. “Crypto assets are currently unregulated in India. Frauds relating to crypto are dealt with under extant laws against fraud...
FCA officials tell UK parliamentary committee crypto regulation is unavoidable
8.3.2023
The CEO and chairman of the UK’s financial regulator took a grim tone as they discussed crypto regulation, but conceded that they’re the ones who have to do it
Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization
7.1.2023
During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar dependence by purchasing the Chinese yuan...
EU Parliament to ‘Vote on Adopting the Regulation on MiCA’ — Expert Says Industry Needs Legal Clarity
3.12.2022
In a recent statement, the European Parliament said its members would shortly “vote on adopting the regulation on markets in crypto-assets (MiCA).” According to the parliamentary body’s think tank, the envisaged regulations are expected to provide “legal certainty...
FTX collapse put the Singapore government in a parliamentary hot seat
28.11.2022
The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the investors
Key witness called to testify at Terra parliamentary inquiry is a no-show
25.10.2022
Kim Seo-joon’s company Hashed had $3.6 billion wiped since Luna Classic’s April high — with the mental effects of the Terra collapse hospitalizing Seo-joon since July
Latest EU Sanctions Expected to Stimulate Russia’s Own Crypto Market, Exchanges Maintain Services
9.10.2022
The new crypto sanctions imposed by the European Union are likely to spur the development of the country’s digital asset market, according to a Russian lawmaker. Anatoly Aksakov, who chairs the parliamentary Financial Market Committee, believes Russians will manage to bypass...
UK Parliamentary Group Seeks Views of Crypto Industry Players
6.8.2022
A parliamentary group in the United Kingdom, the Crypto and Digital Assets All Party Parliamentary Group (APPG), recently said it had launched an inquiry that will examine the country’s present approach to crypto and digital asset regulation. In addition to gathering information via evidence...
UK parliamentary group calls for submissions in new crypto asset inquiry
4.8.2022
The U.K.’s Crypto and Digital Assets All Party Parliamentary Group (APPG) announced it will launch an inquiry into the crypto and digital asset industry
UK Parliamentary Group Starts Crypto Inquiry to Form Policy Recommendations
4.8.2022
The cross-party group is asking industry experts, regulators and the government to weigh in on a range of topics including consumer protection and CBDCs
Proposal to Set Up Russian Crypto Exchange Circulated in Moscow
8.7.2022
Russia may establish a dedicated exchange to carry out cryptocurrency transactions locally, a high-ranking member of the State Duma has suggested. The new platform can be hosted by the Moscow Exchange, according to Anatoly Aksakov, head of the parliamentary financial market committee. Russian...
Indian Regulator: Crypto’s Decentralized Nature Makes Regulation Challenging
8.6.2022
India’s market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes consumer protection and regulatory enforcement challenging. SEBI on Crypto Regulation The Securities and Exchange Board of India (SEBI) reportedly told...
Do Kwon summoned to parliamentary hearing following UST and LUNA crash
17.5.2022
Rep. Yoon Chang-Hyeon noted that Korean exchanges each reacted differently to the crash and he wanted to invite both Do Kwon and the exchanges involved to learn more details
South Korean Financial Regulators Begin Terra Probes, Politician Calls for Kwon to Face Parliamentary Hearing
17.5.2022
The Terraform Labs mastermind Do Kwon (real name Kwon Do-hyeong) could be facing trouble from financial and law enforcement authorities in South Korea and Singapore as a torrid month for the Terra (LUNA) platform just keeps getting worse.
Following reports that Kwon appears to have dissolved...
UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets
11.5.2022
Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets.” UK Government Plans to Support Crypto Adoption The U.K....