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FCA officials tell UK parliamentary committee crypto regulation is unavoidable
8.3.2023
The CEO and chairman of the UK’s financial regulator took a grim tone as they discussed crypto regulation, but conceded that they’re the ones who have to do it
Fed Chair Powell on Crypto: We See Turmoil, Fraud, Lack of Transparency, Run Risk
8.3.2023
Federal Reserve Chairman Jerome Powell has outlined several risks related to crypto activities during a hearing before the Senate Committee on Banking, Housing, and Urban Affairs. While stating that the Fed sees turmoil, fraud, a lack of transparency, and run risk in the crypto space, he stressed:...
Binance's Efforts to Woo SEC Chairman Gensler for US Regulatory Relations Uncovered – Here's What Happened
6.3.2023
Binance approached US Securities and Exchange Commission chairman Gary Gensler in 2018 and 2019 to become an advisor for the firm. That’s according to a new bombshell report published by the Wall Street Journal on Sunday, which claims that Binance embarked on a campaign to “neutralize”...
Internal documents reveal Australia's potential timeline for crypto legislation: Report
6.3.2023
Internal documents from the Australian Treasury Department have revealed crypto legislation in the country could be a year away at the very least
Ripple CEO Warns of Harm to Crypto Industry if SEC Wins Lawsuit Over XRP
6.3.2023
The CEO of Ripple Labs has warned of the harm to the crypto industry if the U.S. Securities and Exchange Commission (SEC) is able to prevail in its lawsuit against Ripple over xrp. He cautioned that the SEC’s enforcement-centric approach to regulating crypto “is not a healthy way...
G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor
28.2.2023
The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central bank governor reportedly said. Crypto regulation was among the key topics discussed during the G20 meeting over...
Exchange Insights: Industry Players talk Crypto Regulation in 2023
27.2.2023
So far 2023 has been a seismic year for crypto. The New Year saw an end to a difficult bear market, and February has seen an onslaught of moves by global regulators.
Just today it was rumoured that Gary Gensler's SEC had decided to categorise all digital assets other than Bitcoin as Securities....
Exclusive Interview: ConsenSys CCO Talks About MetaMask Airdrop, Ethereum Shanghai Upgrade, Crypto Regulation and More
27.2.2023
The Cryptonews team is reporting live from the Blockchain Economy London Summit that's running from 27-28 February 2023.
Cryptonews had an opportunity to sit down with Lex Sokolin, the Chief Cryptoeconomics Officer at ConsenSys, to talk about a variety of topics, including current market trends...
Crypto lawyers flame Gensler over claims that all crypto are securities
27.2.2023
Crypto lawyers weighed in on Gary Gensler’s crypto regulation claims saying the SEC has no legal standing to police the space
Janet Yellen Says ‘Critical’ to Establish Strong Crypto Regulation — ‘We Haven’t Suggested Outright Banning’
27.2.2023
U.S. Treasury Secretary Janet Yellen says “it is critical to put in place a strong regulatory framework” for crypto on the sidelines of the G20 meeting for finance ministers and central bank governors. “We haven’t suggested outright banning of crypto activities,”...
The IMF and the U.S. Support India's Plan to Coordinate Global Crypto Regulation at G20
26.2.2023
The International Monetary Fund and the United States have shown support for India's plan to coordinate global crypto regulation during the recent G20 meeting.
India, which currently holds the G20 presidency, has been pushing for a collective global effort to regulate the nascent digital asset...
India Asks IMF and FSB for Joint Paper to Help Formulate ‘Comprehensive’ Crypto Policy
26.2.2023
India has asked the International Monetary Fund (IMF) and Financial Stability Board (FSB) to develop “a synthesis paper” on crypto assets as part of the G20 meeting of finance ministers and central bank governors under India’s presidency. “This would help in the formulation...
IMF Calls for ‘More’ Crypto Regulation — Says Banning Should Be an Option
26.2.2023
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says crypto needs “more regulation.” She added, “We should not take off the table banning those assets,” if regulation fails or is too slow to implement. IMF’s Chief Calls for More Crypto...
Change lies ahead for haphazard crypto regulation
24.2.2023
Regulators have been slow to act on cryptocurrency, according to Dr. Jonathan Reichental, and they’ve often missed the mark. Hopefully, their approach will evolve in the years ahead
Indian Finance Minister Pushes for International Cooperation on Crypto Regulation — Discusses Awareness Campaign
23.2.2023
Indian Finance Minister Nirmala Sitharaman has stressed the importance of international cooperation in order to regulate the crypto sector. She also confirmed that Indian regulators’ crypto awareness campaign will continue to alert people about the risks of investing in crypto. Indian Finance...
US crypto regulation happening ‘behind closed doors’ – Blockchain Association CEO
22.2.2023
The “work has been done” for stablecoin regulation in the U.S., but many in Washington D.C. are feeling “burned” and “betrayed” over the FTX collapse last year
Kevin O’Leary Warns US Crypto Regulation Getting ‘Very Aggressive’ — ‘You’ve Got to Stay out of the Way of SEC’
22.2.2023
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has warned that U.S. crypto regulation is “getting very, very aggressive.” Noting that regulators are now “regulating by enforcement, penalties, and massive fines,” O’Leary emphasized the importance of staying...
Hong Kong’s Approach to Crypto Regulation Could Attract Capital, Talent to Asia: Bernstein
21.2.2023
The Securities and Futures Commission is adopting a “regulate to protect” approach to digital assets, the report said
Hong Kong’s crypto ambition gets subtle nod from Beijing: Report
21.2.2023
While China has cracked down on cryptocurrencies in the mainland, it's apparently taking a softer approach to Hong Kong's crypto hub aspirations
Zambia tests technology for crypto regulation - Minister Mutati
19.2.2023
The Bank of Zambia and the country's SEC are collaborating on digital infrastructure and a policy framework for crypto