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New Cryptocurrency Bill Advances to Senate in Brazil


A new cryptocurrency bill was approved by the Chamber of Deputies of the Brazilian Congress last week, and is now awaiting review by the Senate for approval. The project, if approved, would introduce a central body to regulate all cryptocurrency brokerage activity — ostensibly the Central...

Aussie Regulatory Body Backs Government’s Plan to Regulate Crypto


  In a bid to develop new regulations for cryptocurrencies and other digital assets, Australia’s regulators - acting through their joint body, the Council of Financial Regulators (CFR) - have released a statement in which they embrace the government’s plan to implement a payments and crypto-asset...

Hard to Regulate Crypto Without Global Consensus, Admits Top IMF Official


  A key figure at the International Monetary Fund (IMF) has conceded that regulating crypto will need nothing short of a concerted global effort – and a worldwide agreement on crypto that most would argue seems far from achieving any time soon.... Read More: Hard to Regulate Crypto Without Global...

Australia to Regulate Crypto Sector as Part of Payments Reform


The government of Australia is preparing to comprehensively regulate the activities of cryptocurrency exchanges and custodians. The push is part of a major overhaul, aimed at preserving the country’s sovereignty over its payments system, which will also affect providers like Apple...

Russia to Decide Fate of Crypto Exchangers in 2022


Discussions on the future of “virtual currency exchangers” in Russia should be completed in 2022, a high-ranking representative of the country’s financial watchdog has indicated. Following international standards, authorities in Moscow would have to either regulate or ban such...

Indian Crypto Bill To Regulate, Not Ban 'Private Cryptocurrencies' - Report


  As India’s authorities are advancing their work on new crypto-related legislation, a document released by the Indian government indicates that private cryptocurrencies will be regulated rather than banned, contrary to earlier suggestions. A cabinet note on the proposed cryptocurrency bill says...

Uzbekistan Allows Residents to Trade Cryptocurrencies on Local Exchanges


Changes to the rules governing activities of crypto exchanges in Uzbekistan now allow residents to trade coins on licensed platforms. Uzbekistanis could previously only sell their digital assets. The new provisions also regulate the issuance of tokens and their listing. Uzbekistan Loosens...

Russian Nationalists Prepare Bill to Regulate Cryptocurrency Mining


Lawmakers from the Liberal Democratic Party of Russia are gearing up to introduce a draft law designed to regulate crypto mining. The nationalists say the legislation will benefit both Russian citizens and the state, as well as those who want to get involved in the business legally. Nationalists...

CFTC Joins Race Among US Agencies To Regulate Crypto


Rostin Behnam, Acting Chairman of the US Commodity Futures Trading Commission (CFTC), wants Congress to expand the scope of his agency’s authority in relation to the rapid development of digital asset markets. Should US lawmakers reply to Behnam’s call, this could mean that yet another government...

Indian Crypto Regulation Is Planned for February: Report


The Indian government is reportedly planning to introduce cryptocurrency regulation by the time of the next general Budget, which is in February next year. Instead of banning cryptocurrencies, like bitcoin, the government is likely to regulate crypto assets as commodities, according to reports....

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