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IMF Official: Regulating Crypto Assets Is High on the Agenda for India
22.4.2022
A director at the International Monetary Fund (IMF) says that crypto regulation is “certainly high on the agenda” for India. “We are trying to come up with global standards for #crypto asset regulations. I think that’s important for India to also adopt,” said...
Bank of England’s PRA raises budget $31M for ‘emerging risks’ like crypto
22.4.2022
The regulator says it’s “committed to keeping pace” with the risks of “the growth of crypto assets”, upping its budget by $31 million in preparation
Australia's Financial Regulator Aims to Implement Crypto Regulation by 2025
21.4.2022
The Australian Prudential Regulation Authority (APRA) has set out its expectations for financial institutions engaging in activities related to crypto and a roadmap for their implementation
German banking giant Commerzbank applies for crypto license
21.4.2022
A spokesperson for Commerzbank confirmed to local media that it applied for the license with BaFin earlier this year in a first for a major bank in Germany
BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York
19.4.2022
The fees will bring virtual currency companies on par with those paid by banking and insurance institutions as a way for the state to recoup operating expense costs and “best support” the industry
Self-Regulatory Organizations Growing Alongside New U.S. Crypto Regulation
18.4.2022
SROs can eventually provide “connective tissue” between the crypto industry and government as U.S. regulatory infrastructure forms
Brazilian Parliament Heading for Key Vote on Crypto Regulation Bill
15.4.2022
An ambitious private member’s bill that seeks to regulate the Brazilian crypto market could be approved by the National Congress before the end of the first half of this year – with MPs set for a key vote on Tuesday next week....
Read More: Brazilian Parliament Heading for Key Vote on Crypto...
Meme Coins, Gambling and Crypto Regulation
8.4.2022
As the Biden administration develops a crypto regulation framework, one type of token could be due for particularly close scrutiny
Treasury Secretary Yellen Says Crypto Regulation Should Support Responsible Innovation, Manage Risks
8.4.2022
Treasury Secretary Yellen says the regulatory frameworks for crypto assets in the U.S. should “support responsible innovation while managing risks.” She emphasized, “Regulation should be based on risks and activities, not specific technologies.” Treasury Secretary Yellen...
Janet Yellen on Crypto Regulation, UFC's Bitcoin Bonuses, 'Largest Crypto Merger' + More News
7.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Janet Yellen on Crypto Regulation, UFC's Bitcoin Bonuses, 'Largest Crypto Merger' + More News
Indian Parliament Member Insists Crypto Is Like Gambling — Wants to Tax at 50%
7.4.2022
An Indian parliament member says crypto is like gambling and must be taxed at a very high rate, such as 50%. “We need to discourage and disincentivize” trading and investing in the asset class, he stressed. Indian Parliament Member Wants to Tax Crypto at 50% Indian parliament member...
SEC Chair Gensler Asks Staff to Collaborate With CFTC on Regulating Crypto Exchanges
6.4.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has asked SEC staff to collaborate with the Commodity Futures Trading Commission (CFTC) to develop a new plan to regulate cryptocurrency trading platforms. SEC Wants to Work With CFTC on Regulating Crypto Exchanges...
UK Unveils Comprehensive Plan to Become Global Crypto Hub With Dynamic Regulation
5.4.2022
The U.K. government has unveiled a detailed plan to make the country a global crypto hub and “a hospitable place for crypto.” The plan includes establishing a dynamic regulatory framework for crypto, regulating stablecoins, and working with the Royal Mint to create a non-fungible...
Indian Government Consulting With IMF, World Bank on Crypto Policy
2.4.2022
India’s government is consulting with the International Monetary Fund (IMF), the World Bank, and Indian regulators in order to form the country’s crypto policy. “We have reached out to institutional stakeholders within the country and outside. We are taking inputs from the...
Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + More News
1.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____ ...
Read More: Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + More News
European Parliament Committee Passes Controversial Crypto Regulation of 'Unhosted Wallets'
31.3.2022
In another installment of the European Union’s discussions on the controversial Transfer of Funds Regulation (TFR), the European Parliament’s Committee for Economic and Monetary Affairs (ECON) has passed a controversial draft that could exert a negative impact on the industry.
The provisions...
UAE-Based Crypto Exchange Bitoasis Obtains Provisional Approval From Dubai’s New Regulator
31.3.2022
A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by the regulator. Bitoasis Pursuing License From Dubai’s New Crypto Regulator Bitoasis, a major crypto...
IMF: We Need a Lot More Work Done on Crypto Regulation
31.3.2022
The International Monetary Fund (IMF) says a lot more work needs to be done on crypto regulation. “We’ve certainly seen an increase in the use of cryptocurrencies before this war, and we’ve seen it happen more in emerging markets than in others,” said the deputy managing...
Crypto Industry Rallies Ahead of Vote on Controversial EU Crypto Regulation
30.3.2022
As the European Union institutions are advancing their discussions on the controversial Transfer of Funds Regulation (TFR), crypto industry representatives are looking to hamper the proposal’s potentially harmful impact on the sector’s future development....
Read More: Crypto Industry Rallies...
Europe’s Landmark Crypto Regulation Is Advancing, but New Privacy Rules May Be More Important
29.3.2022