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Senator Gillibrand Rallies Democrat Colleagues to Adopt Digital Assets Regulation
25.9.2023
Senator Kirsten Gillibrand is in talks with her Democrat colleagues in the Senate to support cryptocurrency regulation amid speculations of a government shutdown.
Speaking at the Mainnet Conference on Sept 22, Gillibrand noted that she is on track to convince her party members to embrace more...
Coinbase Calls on 52 Million Crypto Holders to Advocate for Clear Regulation
22.9.2023
Coinbase revealed a campaign to move more than 52 million U.S.-based cryptocurrency holders to call for clear and precise regulation. The push, part of a countrywide initiative, will be supported by a paid media campaign across multiple platforms but directed to nine states where most crypto owners...
South Korean Regulators Eye OTC Crypto Regulation
18.9.2023
South Korean regulators look set to turn their attention to the over-the-counter (OTC) crypto market, with indications regulation could be on its way.
The nation has moved to shore up its regulatory system this year in the wake of the so-called “Terra-Luna scandal,” which left thousands...
Former FTX Legal Chief Forms New Law Firm Focused on Crypto Regulation
14.9.2023
Ryne Miller, the former general counsel of the now-defunct crypto exchange FTX, has established his own law firm.
Miller Strategic Partners will specialize in offering regulatory and strategic advice to digital asset and blockchain firms, as well as crisis response management and regulatory...
Coinbase CEO Discusses US Crypto Regulation — Sees More Institutional Investors Coming In
12.9.2023
Coinbase CEO Brian Armstrong has explained that crypto regulation in the U.S. will happen in one of a few ways. He noted that Coinbase is seeing more institutional investors coming in and signing up as they seek “a flight to quality.” The executive added: “There’s a possibility...
Biden’s Regulators Urged to Work With Congress on Crypto Regulation
1.9.2023
A number of U.S. lawmakers have urged regulators, including the Securities and Exchange Commission (SEC), to work with Congress on crypto regulation. “Chair Gensler’s regulation by enforcement is unlawful and does nothing to protect consumers. It’s time for Biden’s...
Republican Trio Voices Concerns on Fed's Influence on Stablecoin Regulation
29.8.2023
Three Republican lawmakers have lashed out at the Federal Reserve regarding its recent moves to strengthen oversight of banks' cryptocurrency and stablecoin activities.
In a Monday letter to Fed Chair Jerome Powell, the lawmakers argued that these actions are undermining their efforts to pass...
India’s Prime Minister Calls for Global Crypto Framework With Focus on Unified Approach, Adoption, Democratization
28.8.2023
India’s Prime Minister Narendra Modi says crypto needs “a global framework and regulations.” He stressed: “The rapid pace of change of technology is a reality — there is no point in ignoring it or wishing it away. Instead, the focus should be on adoption, democratization, and a unified approach.”...
Hong Kong's Ambitions in the Crypto Space: Executives Weigh in on Web3 and Regulation
18.8.2023
Hong Kong has set its sights on becoming a major crypto hub as the region actively promotes the development of Web3.
The Securities and Futures Commission (SFC), the country's main financial regulator, is ostensibly accompanying this ambition with plans to regulate the crypto space by granting...
Chamber of Digital Commerce Policy VP Criticizes SEC’s Aggressive Stance on Crypto Industry Regulation
16.8.2023
During an interview, Cody Carbone, the Vice President of Policy at the Chamber of Digital Commerce, expressed his concerns regarding the regulatory stance the US Securities and Exchange Commission (SEC) has adopted toward the cryptocurrency industry.
Carbone highlighted that the SEC’s approach...
Israeli Government Forms Special Team and Seeks Public Input on DAO Regulation
28.7.2023
The Israeli government has established a special examination team tasked with regulating decentralized governance organizations (DAOs).
In an official announcement, the country revealed that the team, led by the Chief Economist at the Ministry of Finance and the Head of the Corporations...
Towards a Balanced Future: A Middle-of-the-Road Approach to Crypto Regulation
25.7.2023
As the cryptocurrency market continues to evolve, a middle-of-the-road regulatory consensus is gaining momentum, aiming to strike a balance between skepticism and optimism around crypto, Aaron Brown, a former managing director and head of financial market research at AQR Capital Management, opined...
Moscow Says Russia and China Must Cooperate on CBDC Regulation
14.7.2023
The Russian and Chinese Central Bank must cooperate on CBDC regulation, the Russian Prosecutor-General has claimed.
The comments come just days after the State Duma voted in favor of a bill that will allow the Moscow-based bank to begin “real-world” testing on its digital ruble.
The Russian...
Paradigm Counsel Accuses SEC of Overreach in Crypto Market Regulation
12.7.2023
Crypto investment firm Paradigm has submitted an amicus brief in the ongoing US SEC vs crypto exchange Bittrex case, asserting that the regulator is “wrongfully attempting” to oversee crypto secondary markets.
The US Securities and Exchange Commission (SEC) case against Bittrex should...
Bitcoin Price Prediction: Mark Cuban and Former SEC Official Voice Opinions on Crypto Regulation
5.7.2023
Bitcoin, the leading cryptocurrency, is currently trading at $30,869, experiencing a 1.10% decrease on Wednesday.
In the midst of this price movement, notable figures such as Mark Cuban and a former SEC official have shared their perspectives on crypto regulation, offering valuable insights into...
JPMorgan Managing Director Nikolaos Panigirtzoglou: Hinman Docs Are a ‘Boost to Ethereum’
23.6.2023
Nikolaos Panigirtzoglou, a managing director at JPMorgan, believes the release of the Hinman docs in the Ripple vs. SEC case will influence crypto regulation. Panigirtzoglou stated this document release is likely to start a race for other cryptocurrency projects to become more decentralized...
Cameron Winklevoss Criticizes SEC Regulatory Approach: ‘Securities Laws Written in 1933 Don’t Meet the Realities of the World Today’
17.6.2023
Cameron Winklevoss, a co-founder of Gemini, a U.S.-based cryptocurrency exchange, criticized the U.S. Securities and Exchange Commission’s (SEC) posture regarding cryptocurrency regulation. Winklevoss stated that the SEC laws written in 1933 are obsolete today, and their application would...
Coinbase CEO Brian Armstrong: China Will Benefit From Restrictive US Crypto Policies
3.6.2023
Coinbase CEO Brian Armstrong has stated China will be one of the biggest beneficiaries of how the U.S. is approaching cryptocurrency regulation. According to Armstrong, the current regulatory system drives cryptocurrency innovation offshore, while other countries like China embrace these...
WEF White Paper on Crypto Asset Regulation Highlights Need for Regulation
26.5.2023
The World Economic Forum, in collaboration with its Digital Currency Governance Consortium, has released a paper on regulating crypto assets.
The international organization published the paper, titled "Pathways to Crypto-Asset Regulation: A Global Approach," on Thursday, stressing the urgency...
‘Landmark’ Crypto Law Proposed in New York to Establish ‘Strongest and Most Comprehensive’ Crypto Regulations in US
8.5.2023
New York State Attorney General Letitia James has proposed “landmark” crypto legislation that claims to be “the strongest and most comprehensive set of regulations on cryptocurrency” in the United States. “Rampant fraud and dysfunction have become the hallmarks of cryptocurrency and it is time...