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Indian Central Bank Playing by Same Anti-Crypto, Pro-CBDC Rules as China, EU
24.2.2021
The head of the Reserve Bank of India (RBI), the subcontinent’s central bank, has again indicated that the government might seek to enact a crypto crackdown – while attempting to gazump the crypto sector by releasing a digital rupee.
In an interview with CNBC-TV18, RBI Governor Shaktikanta...
Robinhood CEO calls on SEC to revise ‘outdated’ trading rules
18.2.2021
Robinhood CEO Vlad Tenev denied that the platform was helping hedge funds, calling on the SEC to get rid of a two-day settlement rule
Japan Finally Gets Rules About Japanese Whisky
16.2.2021
Japanese whisky isn’t yet one hundred years old. The country set up its first proper whisky distillery in 1923. And from then until this year, there were zero codified rules about what exactly Japanese whisky was.Read more
Industry Group Says Hong Kong’s Proposed Crypto Rules Could Drive Traders Underground
15.2.2021
Hong Kong’s plan to restrict cryptocurrency investment to professionals means retail investors could move to unlicensed venues, said Global Digital Finance
Institutional adoption underscores urgency of clear crypto rules, says Hester Pierce
15.2.2021
Regulatory clarity in the crypto industry is needed now more than ever, per one official
Left 4 Dead Wiki Desecrated To Add Fifth Survivor, Who Is Now Canon, That's The Rules
15.2.2021
In the original Left 4 Dead, there were four survivors: Francis, Bill, Louis and Zoey. Anyone reading through the game’s wiki, however, will think there’s actually a fifth cast member: Purple Francis.Read more
Australian regulators open to Bitcoin ETF with ‘rules in place’
12.2.2021
Securities regulators' down under said that they are open to a Bitcoin ETF, so long as investors are protected by the proper rules
Tesla Bitcoin Buy Highlights Need to Fix US Accounting Rules
11.2.2021
Tesla’s much-discussed recent decision to make a USD 1.5bn bitcoin (BTC) purchase continues to generate ripples in the American business pond – and has led some to claim accountancy rules should be updated to cover corporate crypto investments.
Industry observers are calling on the regulatory...
Estonia’s Government Still Wants to Implement Stricter Rules for Licensing Crypto Firms
9.2.2021
The new administration in Estonia is still planning to pursue an agenda to tighten rules for companies dealing with cryptocurrencies. The Ministry of Finance is looking to strengthen anti-laundering measures within the context of a major money-laundering scandal that involved Danske Bank. Estonia...
China releases final anti-monopoly rules targeting major tech and payments firms
8.2.2021
China's market regulator finalizes rules that have been three months in the making
Swiss Companies Issue First Tokenized Asset for Trading Under New National Blockchain Rules
3.2.2021
New legal provisions on distributed ledger technology (DLT) went into effect on Feb. 1 in Switzerland. After the implementation, two local companies announced that they had issued the first tokenized asset under the brand-new law. ‘Fine Wine’ Token Is Available for Sygnum Bank’s...
To see eye-to-eye? Crypto industry should start embracing regulation
30.1.2021
Now it’s up to the crypto industry itself to start engaging with and accepting regulations
Dutch Bitcoin Exchange Files Preliminary Injunction to Suspend Wallet Verification Rule Enacted by the Netherlands
29.1.2021
A Dutch bitcoin (BTC) exchange has filed a preliminary injunction at a court in Rotterdam to suspend the central bank’s additional wallet-verification requirements. Bitonic seeks to challenge the new rules enacted by the De Nederlandsche Bank (DNB) on Sept. 21, 2020. Dutch Exchange Argues...
OCC Halts Fair Access Banking Rule
28.1.2021
The rule would have prohibited US banks from denying services based on ideological factors
Philippine Central Bank Widens Cryptocurrency Regulation — Sees ‘Accelerated Growth’ in Crypto Activity
27.1.2021
The Philippines’ central bank, the Bangko Sentral ng Pilipinas (BSP), has expanded the country’s cryptocurrency regulation after seeing “accelerated growth” in the use of crypto exchanges. The new regulatory framework is in line with the guidelines recommended by...
FinCEN Further Extends Comment Period for Controversial Crypto Rules
26.1.2021
The Financial Crimes Enforcement Network (FinCEN) is further extending a comment period for a controversial proposed rule that would require crypto exchanges to gather and store counterparty information for transactions to unhosted wallets. FinCEN announced the move Tuesday, saying all comments...
Montana County to Hold Public Hearings on Zoning Rules for Crypto Miners Amid Growing Complaints
23.1.2021
Another U.S. county is facing troubles related to crypto mining activities within its territory. This time, the second-largest county in Montana is the protagonist of the story, who will look forward to revisiting local zoning for mining operators. Authorities to Decide on Making Current Rules...
Joe Biden Freezes FinCEN’s Crypto Wallet Rulemaking — US Crypto Regulations Under Review
22.1.2021
New U.S. President Joe Biden has frozen all agency rulemaking, including the proposal by the Financial Crimes Enforcement Network (FinCEN) relating to cryptocurrency wallets. Biden will appoint someone to “review any new or pending rules,” the White House has announced. FinCEN’s...
Bithumb CEO Predicts Only Four to Seven South Korean Crypto Exchanges Will Survive New Rules
20.1.2021
The CEO of the South Korean cryptocurrency exchange Bithumb has made some predictions regarding the upcoming new rules governing the national industry. In fact, the executive believes there will only be between four and seven exchanges surviving the new regulation. Smaller Companies Unlikely...
'Shortsighted' FinCEN Crypto Rules Passed to Joe Biden Administration
14.1.2021
Controversial proposals by the Financial Crimes Enforcement Network (FinCEN) have apparently been passed to the incoming administration of president-elect Joe Biden. “This was shortsighted” and “not in good faith,” Benjamin Weiss, Co-founder and Chief Operating Officer of a major Bitcoin...