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DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies
23.3.2022
The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.” DBS’ CEO on Cryptocurrency and Regulation DBS Bank Group...
Bitcoin Below $39,000 After EU Vote on Crypto Regulation
14.3.2022
Bitcoin (BTC) still faces resistance below $40,000 as traders weigh aftermath of EU cryptocurrency legislation and rate hikes this week from the Fed
EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets
14.3.2022
European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by European Parliament member Stefan Berger receives support instead. Committee Rejects...
US Senator Booker: Cryptocurrency Can Bring Growth to American Economy if Properly Regulated
13.3.2022
U.S. Senator Cory Booker sees cryptocurrency as “an exciting innovation with the potential to bring growth to the American economy if properly nurtured and regulated.” The senator from New Jersey is encouraged by President Joe Biden’s executive order on crypto regulation....
Haven Protocol (XHV) shows strong signs of bottoming out after crashing 90%
11.3.2022
The Monero blockchain fork has surged by nearly 100% in the past five days against a rising appetite for privacy-focused cryptocurrencies
South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry
11.3.2022
South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for crypto investors. “To realize the unlimited potential of the virtual asset market, we must...
Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector
11.3.2022
Dubai has adopted its first law to regulate the crypto sector. It has also established a dedicated regulator to oversee crypto activities and related service providers. Crypto Sector Regulated in Dubai The emirate of Dubai has adopted its first law to regulate crypto assets and established...
Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’
10.3.2022
The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regime for crypto tokens. Changes to the Draft Legislation The Dubai Financial Services Authority...
Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good as We Could Ask’
10.3.2022
Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s about as good as we could ask.” Another sees the order as the federal government viewing “cryptocurrency as a legitimate, serious...
Softer-than-expected crypto regulation and stocks’ rebound position Bitcoin for a $42K close
10.3.2022
The Biden administration’s dovish approach to crypto sector regulation and a bounce in equities markets could give bulls a boost in Friday’s $790 million options expiry
Biden Signs Executive Order Establishing National Crypto Policy Across 6 Key Priorities
9.3.2022
U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive order outlines “the first-ever, whole-of-government approach...
Pakistan’s Central Bank Sees Few Good Use Cases for Crypto Citing ‘a Lot of Misuses’ Worldwide
9.3.2022
The central bank of Pakistan does not see many good use cases for crypto. However, the regulator cites “a lot of misuses” of cryptocurrency around the world, “including human rights violations, trafficking of people, money laundering, and many other things.” Pakistani...
Senator Warren seizes on fears over crypto and sanctions with new bill
9.3.2022
If passed, Elizabeth Warren’s new draft crypto bill will require local crypto exchanges to submit “detailed records” to the Treasury Department of customers' identities and transfers to private crypto wallets
Clear regulations will accelerate crypto adoption, says SEBA Bank exec
7.3.2022
“In the medium-long term, I expect engagement with crypto to accelerate prompted by a clearer regulatory environment,” SEBA Bank's Christian Borel told Cointelegraph
US Lawmakers Working on Policy to Open Crypto Markets to Institutional Investors, Says Kevin O’Leary
6.3.2022
Kevin O’Leary, aka Mr. Wonderful, has revealed that a group of U.S. lawmakers is working on a policy to open crypto markets to institutional investors. “The good news is they are all over it and agree there is tremendous opportunity once they pass policy,” said O’Leary....
Russian Ruling Party Says Crypto Regulation Will Safeguard ‘Millions of Citizens’
4.3.2022
United Russia, the nation’s ruling party, says that some 12% of the population uses or interacts with crypto – and senior political figures stated that it will protect crypto holders with its forthcoming regulations....
Read More: Russian Ruling Party Says Crypto Regulation Will Safeguard...
Cut Central Bank out of Russian Crypto Regulation Picture, Urges Lawyer as Ukraine War Rages On
3.3.2022
The time has come to fast-track crypto mining regulation, a leading Russian lawyer has advised – even if this means removing the Central Bank from the equation....
Read More: Cut Central Bank out of Russian Crypto Regulation Picture, Urges Lawyer as Ukraine War Rages On
Proof-of-Work Ban Removed From Europe’s Proposed Crypto Regulation
3.3.2022
A text threatening to prohibit cryptocurrencies relying on energy-intensive proof-of-work mining has been deleted from the draft legislation aimed at regulating the European crypto space. The move comes after the controversial provision sparked objections from the crypto community. MiCA Proposal...
US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
2.3.2022
Jerome Powell said that the situation with Russia "underscores the need for really congressional action on digital finance, including cryptocurrencies."
Fed Chair Powell: 'War Underscores Need' for Crypto Regulation
2.3.2022
“[The Ukraine-Russia conflict] underscored the need for congressional action on digital finance including crypto currency,” Fed Chair Jerome Powell said in Congressional testimony on Wednesday