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Nalezeno "UK regulation": 11346

PBoC governor says digital yuan to be more privacy-enhanced than payment apps

9.11.2021
Making the e-CNY more privacy-orientated aside, the PBoC already has ambitions to bring the CBDC onto the world stage

UK Treasury and central bank will consult on CBDC, potentially launching by 2030

9.11.2021
"The earliest date for launch of a U.K. CBDC would be in the second half of the decade,” said the Bank of England, adding no final decision has yet been made

US Treasury Sanctions 2nd Cryptocurrency Exchange, DOJ Seizes $6.1 Million

9.11.2021
The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators have also been sanctioned and $6.1 million in funds were seized. US Treasury Sanctions Another Cryptocurrency Exchange...

India Plans to ‘Fast Track’ New Cryptocurrency Bill, Seeks to Take ‘Middle Path’ to Regulate Crypto: Report

9.11.2021
The Indian government is reportedly trying to “fast track” a modified cryptocurrency bill to be introduced in the winter session of parliament. India’s crypto legislation is expected to take a “middle path” approach to balance all stakeholders’ concerns....

US officials seize $6.1M in crypto from ransomware actors, adds Chatex to sanctions list

8.11.2021
“This will not be the last time — the U.S. government will continue to aggressively pursue the entire ransomware ecosystem and increase our nation's resilience to cyber threats," said Attorney General Merrick Garland

Fed board member to leave by 2022, leaving Biden to fill 3 seats

8.11.2021
Randal Quarles has been a member of the Federal Reserve Board as well as its Vice Chair for Supervision since 2017

Law Decoded: Which currency is the paycheck of your city’s mayor in? Nov. 1–7

8.11.2021
The infrastructure bill has passed, much to the crypto community's chagrin, yet the key battles lie ahead

Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring

8.11.2021
The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back...

China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets

7.11.2021
China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about...

The Ethereum Premine Debate On Fairness, Regulation, and Centralization

7.11.2021
You may not be aware of this, but back in July 2014, Ethereum (ETH) had a premine in which around ETH 60m (worth around USD 272bn now) tokens were sold for a total of USD 18.3m, while 12m was kept aside for early contributors and the Ethereum Foundation. At ETH 72m, this total accounts for around...

Acting CoC Hsu: More crypto regulation is needed

5.11.2021
The regulator singled out Binance and Tether as allegedly risky players in the blockchain space

Jack in the Box claims in court FTX US ripped off its character to create 'Moon Man'

5.11.2021
The filing shows FTX refused to stop using its mascot, claiming “Jack in the Box has only narrow protection limited to the behatted ping pong‐headed clown who exploded out of a box to sell burgers.”

The stablecoin scourge: Regulatory hesitancy may hinder adoption

5.11.2021
U.S. Treasury’s recommendations, if adopted, could hinder stablecoin innovation in the near future, but in the long run, they might be a boon

Kazakhstan Imposes Purchase Limits on Retail Crypto Investors

5.11.2021
Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained the decision citing the need to protect private individuals from exposure to the risks associated with digital financial assets. Investors...

Indian Payments Giant Paytm Could Offer Bitcoin Services if Government Makes Crypto Legal, Says CFO

5.11.2021
Paytm, one of India’s largest payments companies, is open to offering bitcoin services if the crypto asset becomes legal in the country, according to its chief financial officer. If bitcoin “was ever to become fully legal in the country, then clearly there could be offerings we could...

US Lawmakers Urge SEC to Permit Trading of Bitcoin Spot ETFs

5.11.2021
U.S. lawmakers have called on the Securities and Exchange Commission (SEC) to approve bitcoin spot exchange-traded funds (ETFs). Since the SEC has approved the trading of bitcoin futures ETFs, the lawmakers said it “should no longer have concerns with bitcoin spot ETFs and should show...

US Senator Proposes Congress Adopt Cryptocurrency for Payments

5.11.2021
U.S. Senator Ted Cruz has introduced a resolution that would position Congress to lead in the area of cryptocurrency by having congressional cafeterias, vending machines, and gift shops accept crypto payments. “Congress is typically slow to adopt new technology,” he said. Senator...