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Nalezeno "Recommendations": 130

Estonia Clarifies Upcoming Regulations, Will Not Ban Crypto Holding or Trading

4.1.2022
The government of Estonia has approved legislation tailored to improve oversight of its crypto sector which expanded rapidly due to favorable regulations and business climate. The new law, which is yet to be adopted, will introduce stricter requirements for service providers without preventing...

Argentinian Chamber of Fintech Makes Cryptocurrency Regulation Proposal

18.12.2021
The Argentinian Chamber of Fintech, a membership-based organization whose goal is to lead the digitization and modernization of the financial services industry, issued a series of recommendations for the upcoming regulation of virtual assets in the country. The proposed framework asks...

IMF Advises How Crypto Should Be Regulated Citing ‘Urgent Need for Cross-Border Collaboration’

11.12.2021
The International Monetary Fund (IMF) has outlined some recommendations of how cryptocurrency should be regulated, noting that there is an urgent need for cross-border collaboration and cooperation on cryptocurrency regulation. IMF Provides Recommendations on Crypto Regulation The International...

Federal Reserve Governor Argues Against Subjecting Stablecoins to Full Banking Regulation

18.11.2021
Federal Reserve Board Governor Christopher Waller says that stablecoins do not need to be regulated with all the same rules as banks. He disagrees with some of the recommendations on stablecoin regulation by the President’s Working Group on Financial Markets. He explained that while banks...

Rich Dad Poor Dad’s Robert Kiyosaki Warns US Sliding Into Depression After Giant Crash, Recommends Bitcoin

1.11.2021
Robert Kiyosaki, the best-selling author of Rich Dad Poor Dad, has warned that the U.S. is “sliding into depression.” He said that a giant crash is coming, after which “a new depression” will follow. Bitcoin is among his recommendations for smart investing. Robert...

Australia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports

21.10.2021
A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules for its fintech and digital asset industries to be able to compete with jurisdictions that are already attracting...

Check These 12 Crypto Regulation Recommendations By Aussie Senate Committee

20.10.2021
The Australian Senate’s Select Committee on Australia as a Technology and Financial Centre has released its final report which includes a set of recommendations for crypto and digital asset regulation. The committee made a series of recommendations to Australian authorities, proposing a wide...

Coinbase Publishes Proposal for Crypto Regulation Pushing 4 Core Recommendations

18.10.2021
Cryptocurrency exchange Coinbase has published its proposal for crypto regulation after “more than 75 meetings with stakeholders in government, industry, and academia,” CEO Brian Armstrong revealed. In its Digital Asset Policy Proposal, the company recommends “four core pillars...

Bank of Russia Recommends Banks to Block Cards, Wallets Used to Transact With Crypto Exchangers

14.9.2021
The central bank of Russia has advised commercial banks on how to identify and block cards and wallet accounts used by shady businesses. Along with illegal forex dealers and financial pyramids, the regulator has also listed crypto exchangers as suspicious entities. New AML Recommendations by Bank...

Sunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams

6.9.2021
Sunacrip, the Venezuelan cryptocurrency watchdog, and the Intelligence Police (CICPC) issued a warning for the general population about cryptocurrency scams. The institutions gave a series of recommendations to avoid being scammed by cryptocurrency Ponzi schemes involving the national...

Indian Government Clarifies Status of Cryptocurrency Trading, Regulation, Investor Protection

3.8.2021
India’s Ministry of Finance has answered some questions regarding the status of cryptocurrency trading in the country as well as crypto regulation and investor protection. The minister of state for the finance ministry has indicated that the recommendations in the draft bill proposed by...

US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC

17.7.2021
U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this...

FATF’s Annual Crypto Review Highlights ‘Continued Use of Anonymity Tactics’ and ‘Lack of Effective’ Regulation

26.6.2021
The Financial Action Task Force (FATF) has published the organization’s 12-month review and the research highlights that only 45% of the 128 reporting jurisdictions have complied with AML/CFT policy and FATF recommendations. The annual review stresses that the “lack [of]...

US Financial Advisers Up Crypto Recommendations as Interest Rises

2.6.2021
US-based financial advisers are increasingly recommending investments in cryptocurrencies to their clients, and less exposure to legacy finance investment products such as exchange-traded funds (ETFs) and individual stocks, according to a recent survey. This approach is in line with the rising...

Indian Government to Set up Panel of Experts to Take a Fresh Look at Regulating Cryptocurrencies: Report

20.5.2021
The Indian government is reportedly looking to form a new “panel of experts” to focus on ways to regulate the cryptocurrency industry in the country. “There is a view within the government that the recommendations made by Subhash Garg are dated and a fresh look is needed at use...

Electronic Transactions Association Proposes 7 Guiding Principles for a Digital Dollar

7.5.2021
The Electronic Transactions Association (ETA) has put forward a set of guiding principles to be considered in the creation of a U.S. central bank digital currency (CBDC), also referred to as digital dollar. The organization, which unites hundreds of companies in the payments industry, confirms...

Task Force Pushes Biden Administration to Tighten Cryptocurrency Regulation

30.4.2021
A public-private task force has submitted a report to the Biden administration that includes recommendations to tighten the regulation of cryptocurrencies, including bitcoin, with the aim to combat ransomware. “The cryptocurrency sector that enables ransomware crime should be more closely...