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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...
Is Bitcoin an inflation hedge? Why BTC hasn’t faired well with peak inflation
8.10.2022
Bitcoin’s status as an inflation hedge has come under scrutiny in the current market, but experts point toward the exceptional market conditions
Google to Require Government Authorization to Provide Advertising Services for Financial Products in Spain
8.10.2022
Google, the web search and software monolith, has announced that it will require authorization from government entities to lend advertising services to financial companies in Spain. This measure, which was also implemented in the U.K. back in 2021, is expected to be extended to more countries...
What’s Inside the FSOC’s Long-awaited Report on Crypto Regulation
7.10.2022
The Financial Stability Oversight Council (FSOC) published its own highly anticipated report in response to U.S. President Joe Biden’s executive order on crypto earlier this week, calling on Congress to define the line between a security and a non-security, at least as far as crypto is concerned
Anchorage co-founder to US regulators: ‘What we want is clarity’
7.10.2022
There’s “15 different regulators” and “basically no clarity” when it comes to cryptocurrency regulation in the United States, according to Diogo Mónica
More than 30% of Canadians plan to purchase crypto by 2024, says OSC head
6.10.2022
Ontario Securities Commission CEO Grant Vingoe said the regulator planned to release a report in October which included crypto adoption rates in Canada
Brazilian Presidential Candidate ‘Lula’ Da Silva Signals Support for Central Bank of Brazil Involvement in Crypto Regulation
6.10.2022
The presidential candidate that obtained most of the votes in the first Brazilian ballot round, Luis Inacio Da Silva, better known as “Lula,” declared that the Central Bank of Brazil should be responsible for building a cryptocurrency law framework. Lula also stated that the impact...
South Korean judge dismisses warrant for individual involved in Terra collapse: Report
6.10.2022
In his decision to dismiss the warrant, the judge reportedly considered that Yoo Mo had a residence and family ties in South Korea and was already barred from leaving the country
CFTC’s Regulation by Enforcement Needs to Change, Commissioner Says
6.10.2022
Commodity Futures Trading Commissioner Summer K. Mersinger, joined CoinDesk TV’s “First Mover,” to discuss the implications of enforcement by regulation and why it could be setting a “dangerous” precedent
Norway's government proposes eliminating reduced electricity tax for Bitcoin miners
6.10.2022
"We are in a completely different situation in the power market now than when the reduced rate for data centers was introduced in 2016," said Norway's finance minister
EU Council Endorses Markets in Crypto Assets (MiCA) Legislation
6.10.2022
Council of the EU, one of the European Union’s legislative bodies, has approved the proposed regulatory framework for the European crypto space. It’s now up to European lawmakers to approve the Markets in Crypto Assets package before its final adoption. Comprehensive Crypto Regulation...
European Council Passes MiCA Crypto Regulation – A Turning Point for Crypto Landscape
6.10.2022
The European Council on Wednesday passed the new MiCA crypto regulation, by many seen as a turning point for Europe’s crypto industry.
The new bill, with the full name Markets in Crypto-Assets (MiCA), has now been voted through the European Council, but still needs to pass an additional vote...
Terra Founder Do Kwon Denies Assets Frozen by South Korean Authorities - Here's How Much
6.10.2022
“No funds have been frozen,” claims Terra founder Do Kwon in response to reports that some $67m of his crypto has been put in a metaphorical freezer by South Korean authorities.
After reappearing on social media just days ago, and following a massive, now infamous collapse of the Terra / LUNA...
South Korean foreign ministry orders Do Kwon to return his passport
6.10.2022
Do Kwon who has an Interpol notice and an arrest warrant against his name has not been cooperative with the investigation agencies
Namibian Central Bank: Virtual Assets ‘Remain Without Legal Tender Status’ but Merchants Can Still Accept Them as Payment
6.10.2022
The Bank of Namibia recently said it has brought virtual assets and virtual asset service providers under its fintech innovations regulatory framework, and that it plans to amend applicable laws and regulations. According to the central bank’s governor, there is an ongoing “battle...
South Korea Reportedly Freezes Do Kwon’s Crypto Worth $40M — Luna Founder Says the Funds Are Not His
6.10.2022
South Korean authorities have reportedly frozen $40 million in crypto assets, including bitcoin, allegedly belonging to Luna founder Do Kwon. However, Kwon denied that any funds of his have been frozen. “I don’t even use Kucoin and Okex, have no time to trade, no funds have been...
US lawmakers request Justice Dept share CBDC assessment
5.10.2022
The House members claimed the "appropriate place for the discussion" on legislation concerning a digital dollar would be in the U.S. legislative branch
South Carolina treasurer goes on Bitcoin 'fact-finding trip' to El Salvador
5.10.2022
The state official reportedly used his own funds to pay for the trip, which included discussing Bitcoin with government officials and exploring financial literacy programs
EU Council approves MiCA text, proposal moves to Parliament for vote
5.10.2022
The Council's Permanent Representatives’ Committee chair confirmed that the MiCA framework would go through “should the European Parliament adopt its position at first reading."
European Regulator Lists What is Needed for 'Responsible Crypto Sector'
5.10.2022
More dialogue between the crypto industry and supervisors, consumer education, “rigorous compliance,” and even a “mind shift” for some crypto firms are necessary for creating a “responsible” crypto sector, said José Manuel Campa, chairperson of the European Banking Authority (EBA)....
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