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Nalezeno "us crypto regulation": 1592

Ripple CEO: ‘Confusing’ US Crypto Rules Benefiting Europe


The United States’ confusing crypto regulations have forced firms like Ripple to consider investing outside the country, and Europe has been a “significant beneficiary” of this confusion, Brad Garlinghouse has said. The Ripple CEO suggested that the United States needs to emulate...

UK Lawmakers Call for Crypto Trading to Be Regulated as Gambling


A committee of British lawmakers has recommended regulating crypto trading as gambling. Viewing retail trading of cryptocurrencies as more akin to gambling rather than a financial service, the U.K. Treasury Committee stated that “Cryptocurrencies such as bitcoin have no intrinsic value and serve...

Influential UK MPs Push for Crypto Trading to be Classified as Gambling


The UK Treasury Select Committee has suggested the country regulate cryptocurrency trading as a form of gambling rather than a financial service. On Wednesday, MPs said digital currencies such as Bitcoin and Ether have "no intrinsic value and no useful social purpose," claiming that they resemble...

Tax Authority Slated to Become Main Crypto Regulator in Russia


Russia’s tax administration is going to be tasked with overseeing the crypto industry in the country, a high-ranking government official has indicated. According to the regulatory concept that’s currently under consideration, the revenue service will also serve as an entry point for market...

G-7 Unpacks Crypto Regulation and CBDCs in Latest Meeting


Finance ministers representing some of the world’s seven most influential economies discussed their commitment to regulating crypto-assets and exploring central bank digital currencies during a Saturday meeting in Japan. The Group of Seven, or G-7, called for regulation, monitoring and oversight...

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