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Russian finance ministry official calls for crypto regulation, not restriction
25.1.2022
Russian Finance Ministry official Ivan Chebeskov has opposed the proposed ban of cryptocurrency operations in Russia
SEC Has Taken 97 Crypto Enforcement Actions So Far — Crypto a Top Priority for Chairman Gensler
24.1.2022
The U.S. Securities and Exchange Commission (SEC) has brought 97 cryptocurrency enforcement actions so far. Furthermore, the securities regulator has imposed approximately $2.35 billion in total monetary penalties against digital asset market participants. 97 Crypto Enforcement Actions Cornerstone...
UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation
24.1.2022
UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s analysts explained several major reasons affecting the prices of cryptocurrencies. UBS Expects Crypto Winter That Could Last Years Switzerland’s...
Biden Administration Preparing to Release Government-Wide Crypto Strategy: Report
24.1.2022
The Biden administration is reportedly drafting a government-wide cryptocurrency strategy as an executive order. The directive is expected to be presented to President Joe Biden in the coming weeks. The strategy could be released as soon as next month. US Government-Wide Crypto Strategy The Biden...
Botswana Cryptocurrency Regulation: Government Set to Present Virtual Asset Bill to Parliament
22.1.2022
The Botswana government is set to present a “Virtual Asset Bill” to the country’s parliament, a move that could see it become one of the first countries in Africa to have laws regulating cryptocurrencies. Preventing the Proliferation of Risks Associated With Cryptos A Botswana...
Pakistan Telecom Authority Asked to Block Over 1,600 Crypto Sites — Minister Says Government Intends to ‘Regularize’ Crypto
20.1.2022
The Pakistan Telecommunication Authority has been requested to ban more than 1,600 crypto websites by the Federal Investigation Agency (FIA). The action followed a complete crypto ban recommendation by the central bank, the State Bank of Pakistan (SBP). Meanwhile, the country’s science...
SEC Advisory Committee member calls agency to open for public comment on crypto regulation
19.1.2022
"This open call for comment is the only way to appropriately crowd source this issue and appropriately develop a digital asset regulation Genesis Block," said J.W. Verret
Turkish ruling party holds meeting in metaverse, talks crypto regulation
19.1.2022
Turkey’s governing political party has discussed the upcoming crypto regulation in its first metaverse meeting
India’s Prime Minister Modi Calls for Global Collaboration on Crypto — Says ‘We Have to Have a Similar Mindset’
18.1.2022
India’s prime minister, Narendra Modi, has called on governments worldwide to collaborate on cryptocurrency. He pointed out that “The kind of technology that is associated with it, the decisions taken by a single country will be insufficient to deal with its challenges.” Indian...
Pakistan Seeks to Block Websites Dealing in Cryptocurrency: Report
16.1.2022
Pakistan’s Federal Investigation Agency (FIA) is reportedly seeking to block websites dealing in cryptocurrency. The decision followed a meeting the agency had with the State Bank of Pakistan (SBP) which recently recommended a complete ban on crypto. Pakistan’s FIA Reportedly Seeks...
Coinbase to Launch Crypto Derivates in US, While Lawmakers Urge CFTC to Beef up Crypto Regulation
13.1.2022
The crypto exchange giant Coinbase wants to launch crypto derivatives products, but claims that it will do so in a “robust and holistic” manner, as part of a plan to help form a “regulated” derivatives market – but American lawmakers want tighter regulation in the sector....
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UK Lawmakers Form Crypto and Digital Assets Group to Ensure Regulation Supports Innovation
11.1.2022
U.K. lawmakers have formed the Crypto and Digital Assets Group to ensure that new rules for the crypto industry support innovation. “We are at a crucial time for the sector as global policymakers are also now reviewing their approach to crypto and how it should be regulated,” said...
Estonia Offers to Share Crypto Experience With US to Identify Best Practices for Digital Assets
11.1.2022
Estonian Finance Minister Keit Pentus-Rosimannus has offered to share her country’s experience in regulating cryptocurrencies with the U.S. in a discussion with Treasury Secretary Janet Yellen. Estonia Offers to Share Crypto Experience With the US U.S. Treasury Secretary Janet Yellen...
Mai Capital Predicts Tough Year for Crypto — Expects Bitcoin and Ethereum to Do Well Once Regulations Come Into Focus
9.1.2022
Mai Capital Management’s chief equity strategist and regional president, Chris Grisanti, has predicted that this year will be tough for crypto largely due to regulations. However, he expects established cryptocurrencies, such as bitcoin and ether, to “do quite well” once...
Crypto regulation concerns make decentralized stablecoins attractive to DeFi investors
8.1.2022
The threat of stablecoin regulation and USDT and USDC centralization are making decentralized stablecoins like MIM, FRAX and UST attractive to DeFi investors
Report: Pakistan Likely to Earn Billions From Cryptocurrency
6.1.2022
According to a document produced by a Pakistani policy advisory board, the country is likely to earn billions of dollars from crypto-asset holders. Yet for this to happen, the country first needs to create the appropriate regulatory framework for crypto assets. Cryptocurrencies Could Boost Reserves...
Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report
5.1.2022
Governments in South America are gearing up to regulate crypto in the year ahead – with lawmakers in Peru and Uruguay readying legislation and draft proposals....
Read More: Peru, Uruguay Edge Closer to Crypto Regulation with Draft Law, Policy Advisory Report
India’s Monetary Policy Committee Member: Total Crypto Ban Is Difficult to Implement, Crypto Assets Should Be Regulated
5.1.2022
A renowned economist who is a member of India’s Monetary Policy Committee says that a total cryptocurrency ban is difficult to implement and “would only increase illegal activities and participation in the darknet.” She believes that crypto assets should be regulated. Monetary...
South Korean Lawmaker Says He Will Start Accepting Crypto Donations in the New Year
1.1.2022
Lee Kwang-jae, a South Korean lawmaker, recently stated that he will be accepting cryptocurrency donations starting mid-January 2022. According to the politician, this plan represents his attempt to raise awareness about cryptocurrencies and non-fungible tokens among South Koreans. Donations to...
Canadian Regulator Insists Binance Is Unauthorized, Calls the Crypto Exchange’s Letter to Users ‘Unacceptable’
1.1.2022
The Ontario Securities Commission (OSC) claims that Binance has rescinded its commitment to comply with previously agreed requirements. The crypto exchange told the regulator that there would be no new transactions involving Ontario residents after Dec. 31. However, Binance recently informed...