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Nalezeno "AI regulation": 72879

'We are the number two crypto miner in the world, and we see practically no financial return,' says Kazakhstan President Tokayev

19.11.2021
In addition to calling for greater regulation in the cryptocurrency industry, President Tokayez contemplated the introduction of a digital Kazakhstani tenge

A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern

19.11.2021
There is no reason to worry about fast-growing stablecoins if “sufficient competition” exists both within the industry and outside of it, a governor of the US Federal Reserve suggested in a speech this week.... Read More: A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern

US Senator Introduces Legislation to Repeal Infrastructure Bill’s Attack on Crypto Industry

19.11.2021
U.S. Senator Ted Cruz has introduced a bill to repeal the $1 trillion infrastructure package’s crypto provision, which he said is a “devastating attack” on the crypto industry. “I urge my colleagues in the Senate to repeal this harmful language that will create...

India Considers Allowing Only Preapproved Cryptocurrencies — Crypto Regulation Expected by Year-End: Report

19.11.2021
India is reportedly considering allowing only preapproved cryptocurrencies to be listed and traded on exchanges. In addition, the government aims to both introduce and pass a cryptocurrency law by year-end. Indian Crypto Regulation and Preapproved Cryptocurrencies India is considering allowing only...

Wasabi Lightning Wallet Grant, Binance's New Integration & Funding, Norway Crypto Mining Ban Talk + More News

19.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ ... Read More: Wasabi Lightning Wallet Grant, Binance's New Integration & Funding, Norway Crypto Mining Ban Talk + More News

IRS Warning: The Taxman Cometh – For 'Billions of Dollars' Worth of Crypto

19.11.2021
America’s central tax body, the Internal Revenue Service (IRS) has stated that it expects crypto worth billions of dollars could be seized again next year. Bloomberg quoted the IRS Criminal Investigation Chief Jim Lee as stating: “I expect a trend of crypto seizures to continue as we move...

Hillary Clinton Argues Crypto Could Destabilize Nations, Currencies

19.11.2021
Former US Secretary of State and Democratic presidential candidate Hillary Clinton has joined the ranks of political leaders who seem worried about cryptocurrencies’ potential impact on nations - claiming they had the power to destabilize nations and their currencies. Speaking via video at a panel...

RBA warns Aussies over punting on ‘fad driven’ cryptocurrencies

19.11.2021
The Reserve Bank of Australia has warned local investors that the speculative frenzy on crypto could soon dry up if policymakers and regulators step in

US lawmakers introduce bill to 'fix' crypto reporting requirement from infrastructure law

18.11.2021
The bill proposes pushing back the mandated reporting requirements to 2026 as well as changing the definition of broker

India’s Prime Minister Narendra Modi Urges Countries to Collaborate on Bitcoin, Cryptocurrency

18.11.2021
The prime minister of India, Narendra Modi, has urged democratic countries to work together to ensure that cryptocurrency, particularly bitcoin, does not end up in the wrong hands. Meanwhile, the Modi government is working on a regulatory framework for cryptocurrencies in India. India’s...

Bipartisan Bill Aims to Fix Infra Bill, TIME Holds Ethereum + More News

18.11.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________... Read More: Bipartisan Bill Aims to Fix Infra Bill, TIME Holds Ethereum + More News

NFTs Still Face Legal Challenges, But More Clarity Expected Soon

18.11.2021
Non-fungible tokens (NFTs) are currently facing some legal challenges, but more clarity on how the digital collectibles will be treated from a regulatory standpoint could be coming soon, panelists at a virtual seminar hosted by crypto tracking website CoinGecko agreed.... Read More: NFTs Still Face...

Modi Says Bitcoin in the ‘Wrong Hands’ Can ‘Spoil Our Youth’ as India Readies a CBDC

18.11.2021
The world of crypto has been left bemused (and in some cases thoroughly amused) by unexpected comments made on bitcoin (BTC) and crypto regulation from the Indian Prime Minister Narendra Modi. In a virtual address at the Sydney Dialogue, Modi stated that “democratic nations should work together...

Argentina U-Turns On Crypto Tax With New Regulation

18.11.2021
In an abrupt U-turn on an earlier stance adopted by the country’s authorities, the Argentinian government has released a decree that imposes a tax on credits and debts on transactions involving cryptoassets. The regulation was published on November 17, and the measures entered into force on...

Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal Law

18.11.2021
The Prosecutor General’s Office of Russia has proposed to define cryptocurrency as property in the country’s Criminal Code. Decentralized digital money has already been qualified as such in the provisions of several other laws although various aspects of cryptocurrencies remain...

Famed Economist Doubts Bitcoin Will Become Global Currency

18.11.2021
Mohamed El-Erian, chief economic advisor at financial services company Allianz, says that bitcoin is not going to be a global currency and will not replace the U.S. dollar. However, he believes the cryptocurrency will always exist in the ecosystem and will not be regulated out of existence. Bitcoin...

Federal Reserve Governor Argues Against Subjecting Stablecoins to Full Banking Regulation

18.11.2021
Federal Reserve Board Governor Christopher Waller says that stablecoins do not need to be regulated with all the same rules as banks. He disagrees with some of the recommendations on stablecoin regulation by the President’s Working Group on Financial Markets. He explained that while banks...