Search

Nalezeno "AI regulation": 72877

Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns

10.9.2021
Mining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has reminded citizens of the Himalayan nation. The regulator also warned that participating in such activities would entail penalties as per the current legislation. Despite its position, however,...

Andreessen Horowitz notes importance of wading regulation, tags former CFTC brass

10.9.2021
The company has brought former United States CFTC commissioner Brian Quintenz aboard its operation

Diem struggling to win over officials in Washington despite rebranding efforts

10.9.2021
Diem’s push to launch stablecoins and a global payment system might suffer from the seemingly brewing anti-crypto sentiment among key U.S. policymakers

Slow to start: Crypto regulators lagging behind blockchain industry

10.9.2021
Did a visit from the SEC’s Gensler with EU legislators signal a policy shift? Is U.S.–European collaboration on crypto regulation coming soon?

More than a law: Texas takes steps to amend Bitcoin into state constitution

10.9.2021
Texas aims to catch up with other crypto-friendly states and then some, but commentators say that amending a state constitution won’t happen immediately

Lawmaker Presents Bill to Regulate Cryptocurrencies in Panama

10.9.2021
A Panamanian lawmaker has introduced a bill to regulate cryptocurrencies in the National Assembly. Among the proposals in the bill is the legalization of cryptocurrencies, like bitcoin and ethereum, as a means of payment, including for paying taxes. Proposed Crypto Law Will ‘Give Legal...

Major Korean Exchanges Secure Real-Name Account Arrangements With Local Banks

10.9.2021
Leading cryptocurrency exchanges in South Korea have reached agreements with Korean banks to maintain the issuance of real-name accounts, media reports revealed. The deals, although not yet permanent, will allow the trading platforms to register with financial authorities before the Sept....

Seychelles Examines the Pros and Cons of Licensing Crypto Trading Platforms

10.9.2021
Seychelles’ Financial Services Authority (FSA) together with the country’s finance ministry, is reportedly working on a policy to either prohibit or license crypto trading platforms as registered international businesses. Increase in International Investigations of Crypto Platforms...

Central Bankers Say Bitcoin Is High Risk Investment, Poor Store of Value, Could Collapse

10.9.2021
Two central bank governors have shared their opinions about bitcoin after the cryptocurrency became legal tender in El Salvador. The governor of the Bank of Mexico sees bitcoin as a high-risk investment and a poor store of value while the governor of Sweden’s central bank, the Riksbank...

India’s Cryptocurrency Legislation Will Be ‘Distinct and Unique,’ Says Lawmaker

9.9.2021
The chairman of India’s Parliamentary Standing Committee on Finance explains that cryptocurrency legislation in India will be “distinct and unique.” He added, “We have to balance stability and growth but we recognize how important this whole area of crypto is.”...

Ukraine Adopts Law ‘On Virtual Assets’ to Regulate Crypto Market

9.9.2021
The parliament in Kyiv has passed legislation determining the rules for crypto-related operations in Ukraine. The law “On Virtual Assets” recognizes cryptocurrencies as intangible goods while denying them the status of legal tender. It also regulates the activities and obligations...

Afterpay ‘absolutely’ keen to explore crypto services after regulations clarified

9.9.2021
Afterpay spoke as part of the Senate inquiry into “Australia as a Technology and Financial Center” and Lee Hatton said there would be enough consumer demand to offer crypto services

‘SEC Will Stop at Nothing to Control Entire Crypto Space,’ Says Former Federal Prosecutor

9.9.2021
A former federal prosecutor says that the U.S. Securities and Exchange Commission (SEC) “will stop at nothing to control the entire crypto space.” The SEC has now threatened to sue the Nasdaq-listed crypto exchange Coinbase. The regulator is already in an ongoing lawsuit with Ripple...

Russia Not Ready for Bitcoin as Legal Tender, Putin’s Spokesman Peskov Says

8.9.2021
Russia has no reason to recognize bitcoin, President Putin’s press secretary has noted after El Salvador became the first country to adopt the digital coin as legal tender. In a statement to the press, Dmitry Peskov revealed he is convinced that such a move would not bring any benefits...

Star Citizen Gets Slap On Wrist Over Selling Ships That May Never Exist

8.9.2021
Star Citizen, the Winds of Winter of video games, has recently come under fire for misleading advertising practices, at least in the eyes of one British regulatory body. Eurogamer reports that the United Kingdom’s Advertising Standards Authority (ASA) has told developer Cloud Imperium Games...

US SEC Threatens to Sue Crypto Exchange Coinbase, CEO Brian Armstrong Responds

8.9.2021
The U.S. Securities and Exchange Commission (SEC) has threatened to sue the Nasdaq-listed cryptocurrency exchange Coinbase over its lending product. The exchange says, “We don’t know why … We got no explanation from the SEC.” Coinbase Threatened by SEC Coinbase revealed...

Central Bank of Brazil Director States Government Will Know ‘Everything You Have in Bitcoin’

8.9.2021
Mauricio Moura, a current director of the Central Bank of Brazil, stated that anonymity won’t be a choice when making cryptocurrency transactions in the country. The representative stated that, sooner or later, all users would have their transactions identified by the government. These...