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Fed governor explains who needs crypto regulation and why demand for it is growing
3.6.2022
Experienced investors know how to survive, Christopher Waller reasons, but there can be wide repercussions when small investors are hit with losses
Central Bank of Armenia Urged to Regulate Cryptocurrencies
3.6.2022
Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial sector insist that the industry needs regulation to prevent the use of cryptocurrencies for illicit purposes....
Consensus Festival Guide: The Future of Crypto Regulation
2.6.2022
Highlights from the program at the upcoming festival in Austin, June 9-12
Russian Central Bank Prepared to Make Some Concessions on Crypto Regulation
1.6.2022
Russia’s staunchly crypto-skeptic Central Bank has indicated that it is prepared to soften its stance on crypto somewhat in order to allow a key piece of legislation to pass – but still favors a block on all domestic crypto-related activity....
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EU Regulator Warns Soaring Inflation Could Drive Investors to Crypto — Calls for Unified Regulatory Framework
1.6.2022
Europe’s top securities regulator has warned that soaring inflation could drive investors to cryptocurrencies. Stressing that there is “an imbalance” in how each EU country deals with crypto, the regulator calls for a common regulatory framework across European countries....
UK government proposes additional safeguards against stablecoin failure risks
31.5.2022
The Treasury wants to empower the Financial Market Infrastructure Special Administration Regime to oversee the safe return of customer funds in the event of a stablecoin collapse
Turkey Drafting Crypto Bill to Submit to Parliament in Coming Weeks: Report
31.5.2022
Turkey is reportedly drafting crypto legislation to be submitted to parliament in the coming weeks. The bill may also impose taxes on some crypto transactions. New Turkish Crypto Legislation Underway Turkey is drafting a bill to establish new rules for the crypto industry, Bloomberg reported last...
Indian Government Finalizing Crypto Consultation Paper — ‘We Are Looking at a Global Paradigm on Digital Assets’
31.5.2022
India’s economic affairs secretary has reportedly revealed that the government’s consultation paper on cryptocurrency is “fairly ready.” He explained that the Indian government is looking at “a global paradigm on digital assets,” emphasizing that...
Paraguay paves the way for crypto regulation despite internal opposition
30.5.2022
A new bill for crypto regulation has been approved by Paraguayan Congress despite the central bank and budget commission’s rejection of the project
Nigerian Presidential Hopeful Says He Supports Digital Currencies but Wants the Industry Regulated
30.5.2022
Nigerian presidential hopeful, Bukola Saraki, recently said he supports the digital currency industry which he claimed has created opportunities for the country’s youth. However, he insisted that there is a need for the enactment of laws that guide players in this space. Digital Currencies...
SEC Drops the Ball on Crypto Regulation and There Are Long-Term Consequences, Says Commissioner
27.5.2022
A commissioner with the U.S. Securities and Exchange Commission (SEC) has warned that the securities market regulator has dropped the ball on crypto regulation. “We’re not allowing innovation to develop and experimentation to happen in a healthy way, and there are long-term...
More Crypto Regulation Incoming in South Korea Following Terra Collapse, Gov’t Indicates
24.5.2022
More regulatory scrutiny could be incoming for the crypto sector in South Korea in the wake of the terra (LUNA) and terraUSD (UST) crash – with exchanges set to come under the same kind of scrutiny as Terraform Labs and its Founder and CEO Do Kwon....
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Billionaire Ray Dalio Speaks in Davos — Says ‘Blockchain Is Great, but Let’s Call It Digital Gold’
24.5.2022
This week the world has been talking about the World Economic Forum (WEF) meeting in Davos, Switzerland, which started on May 22 and ends on May 26. At the event, Bridgewater Associates founder Ray Dalio spoke about today’s economy, the Federal Reserve, cash, and cryptocurrencies. Dalio...
India’s Central Bank Governor Warns About Crypto After Collapse of Terra LUNA, UST
24.5.2022
India’s central bank, the Reserve Bank of India (RBI), has warned about investing in the crypto market following the collapse of cryptocurrency terra (LUNA) and stablecoin terrausd (UST). “We have been cautioning against crypto and look at what has happened to the crypto market...
G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation
21.5.2022
The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the collapse of cryptocurrencies LUNA and UST. G7 Countries Calling for Swift, Comprehensive Regulation...
Russian Crypto Regulation Can’t Be Delayed any Longer, Claims Top MP
20.5.2022
Russia’s parliament, the State Duma, will debate a crypto regulation bill that was formulated by the Ministry of Finance at the start of the year in the coming weeks, a senior MP has claimed....
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G7 Keeps Pushing for Crypto Regulation, Here's What's Already Happening
20.5.2022
The finance ministers and central bankers of the Group of Seven (G7), which comprises the world’s most advanced economies, have once again called for the rapid introduction of comprehensive regulations of cryptoassets in the aftermath of the recent UST stablecoin crash....
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Report: Pakistan Can Generate $90 Million Annually if It Introduces a 15% Tax on Crypto Transactions
20.5.2022
Pakistan can generate tax revenues of at least $90 million each year if authorities impose a 15% tax on cryptocurrency transactions, an executive with a cryptocurrency exchange has said. 15% Crypto Tax An executive with a Pakistani cryptocurrency exchange has said Islamabad can generate at least...
G7 financial officials call on Financial Stability Board to step up crypto regulation—report
19.5.2022
Chaos on the crypto market in the wake of the Terra collapse caused a heightened sense of urgency among the ministers to continue regulatory process
Panama President Considers Vetoing Crypto Regulation Legislation
19.5.2022
The bill was approved during a plenary session of the Legislative Assembly by a 40-0 vote on April 28