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Hillary Clinton Calls on Biden Administration to Regulate Cryptocurrency — Warns of Manipulation by Russia, China
25.11.2021
Former presidential candidate Hillary Clinton has called on the Biden administration to regulate the cryptocurrency markets. She warned that countries like Russia or China, as well as nonstate actors, could manipulate all kinds of technology to their advantage and destabilize countries as well...
Bank of Russia Pushes to Introduce Liability for Illegal Use of Digital Assets
24.11.2021
The monetary authority in Moscow, the Bank of Russia, wants those who use cryptocurrencies against the law to be held accountable. The financial regulator has proposed the introduction of legal liability for some operations with digital assets which it considers illegal. Central Bank of Russia Aims...
Crypto Crime Still Rising in China Despite Crackdown, Warn Authorities
24.11.2021
Reports from Chinese provincial law enforcement agencies appear to show that crypto crime is still on the up – despite a nationwide crackdown on crypto and mining exacted in September this year....
Read More: Crypto Crime Still Rising in China Despite Crackdown, Warn Authorities
SEC open meeting on Dec 2 to include crypto panel discussion
24.11.2021
The SEC is opening discussion on crypto and blockchain technology with regard to American investors
Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing
24.11.2021
The senator said he had "significant concerns with the non-standardized terms applicable to redemption of particular stablecoins" in separate letters to eight crypto firms
India Lists Cryptocurrency Bill to Be Taken up Parliament — Crypto Legislation Expected Before Year-End
24.11.2021
The government of India has listed a cryptocurrency bill to be taken up in the upcoming session of parliament that starts next week. The bill seeks to prohibit cryptocurrencies with some exceptions. It will also create a facilitative framework for a digital rupee to be issued by the Reserve Bank...
Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News
24.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ripple Partners With Republic of Palau, 74 Japanese Firms to Issue a Digital Yen + More News
Cardano and Tron Fall as eToro Restricts Access for US Users
24.11.2021
The Israel-based trading platform eToro announced on Tuesday that it will restrict access to the two cryptocurrencies cardano (ADA) and tron (TRX) for users in the United States. The price of both tokens fell sharply in the market following the news.
“US users will not be able to open new ADA...
South Korean Draft Law Calls for Life Sentences for Crypto Market Manipulators
24.11.2021
The South Korean government has unveiled a new draft crypto law that includes strict punishment for token market manipulation-related offenses – proposing massive fines and hefty jail sentences for offenders....
Read More: South Korean Draft Law Calls for Life Sentences for Crypto Market...
India's Soap Opera Continues: CBDC Plan, 'Private Crypto' Ban, Some Trading Maybe
24.11.2021
Adding to the uncertainties surrounding the future of cryptocurrencies in India, the country’s government has released a description of a forthcoming legislative proposal that would prohibit private crypto and would allow the Reserve Bank of India (RBI), the country’s central bank, to create...
US Senate Demands Answers From Stablecoin Issuers, Expresses ‘Concerns’
24.11.2021
Stablecoins are in for another battering at the hands of the United States policymakers – with the Senate now getting in on the act: a committee chief has expressed “significant concerns” about the “consistency” of the terminology used to audit them....
Read More: US Senate Demands Answers From...
Crypto Is Driven by Extraordinary Consumer and Investor Demand, Says Australian Regulator
24.11.2021
The chairman of Australia’s Securities and Investments Commission (ASIC) says crypto is “being driven by extraordinary consumer and investor demand,” noting that “The implications for consumers are potentially huge.” The securities regulator is currently working...
Ripple Expects SEC Lawsuit Over XRP to Conclude Next Year, CEO Says ‘We’re Seeing Pretty Good Progress’
24.11.2021
Ripple CEO Brad Garlinghouse says that he expects the lawsuit over XRP by the U.S. Securities and Exchange Commission (SEC) to come to a conclusion next year. The executive explained: “We’re seeing pretty good progress despite a slow-moving judicial process.” Ripple’s...
ASIC chair Longo calls the growing demand for crypto ‘impossible to ignore’
23.11.2021
He told an audience that the rise of blockchain currencies has been “nothing short of phenomenal.”
eToro to delist Cardano by 2022 for US users due to regulatory concerns
23.11.2021
The moved surprised some users as ADA has not been typically on regulators' radars as of late
US Senator Pat Toomey supports digital dollar, nomination of Powell as Fed chair
23.11.2021
“The idea of having a tokenized dollar that is capable of being exchanged on a peer-to-peer basis on a platform where developers can innovate and develop new products and services... I think there’s a strong case for that,” said Pat Toomey
American Crypto Bosses Face Congress Committee Grilling in December
23.11.2021
“Several crypto CEOs” will be summoned to speak at a parliamentary hearing in the United States next month, according to the Blockchain Association, an industry group representing many of the nation’s top players.
In a series of tweets from the association’s Director of Government Relations...
Fed conducted 'policy sprints' around crypto assets to address regulatory clarity
23.11.2021
Government agencies are planning to adjust compliance standards on existing laws and regulations related to custody services, buying and selling crypto, crypto-collateralized loans, HODLing, and the issuance of stablecoins
IMF Warns El Salvador Against Using Bitcoin as Legal Tender After ‘Bitcoin City’ Announcement
23.11.2021
The International Monetary Fund (IMF) has warned El Salvador against using bitcoin as legal tender due to various risks associated with cryptocurrency. The warning came one day after Salvadoran President Nayib Bukele announced his plan to build a “bitcoin city” powered by a volcano...
Indian parliament's agenda for winter session includes bill on banning 'private cryptocurrencies'
23.11.2021
The Cryptocurrency and Regulation of Official Digital Currency Bill is one of 26 new pieces of legislation for India's lower house of parliament to consider when it convenes on Nov. 29