Search
49 US States Unveil Unified Regulation for Cryptocurrency Firms
16.9.2020
The Conference of State Bank Supervisors, representing regulators from all U.S. states and territories, has launched a new regulatory framework for payments and cryptocurrency companies. One Set of Rules for All US States Regulators in 49 U.S. states have agreed to a single set of supervisory rules...
Why technology assurances are a must for crafting EU crypto regulation
16.9.2020
Why we need regulatory frameworks in the crypto space, with a focus on regulating the financial aspects of cryptocurrency-based operations
India’s Crypto Bill Omitted From Parliament Agenda While New Ban Report Appears
16.9.2020
Despite much anticipation, the Indian cryptocurrency bill is not included in the list of bills to be introduced in the current session of parliament. Meanwhile, a new report of India’s government planning to ban cryptocurrency trading has emerged. Indian Government’s Cryptocurrency Plan...
US State Regulators Agree to Single Set of Rules for Fintech, Crypto Firm Licensing
15.9.2020
Agencies from 48 states are expected to unveil a new framework today that will simplify and consolidate regulation for crypto companies
From open arms to full bans: The latest on crypto regulation in Asia
13.9.2020
A look at the legal status of crypto in Asia, where new crypto hubs are emerging and thriving despite uneven regulation
European Union Seeks Strict Regulation of Crypto and Stablecoins in New Draft Law
12.9.2020
The European Commission, the executive arm of the E.U., has drawn up regulation to tightly monitor cryptocurrencies it considers “significant”, including asset-backed stablecoins like Facebook’s libra. Euractiv, a European news outlet, first reported the news on Sept.10, citing...
‘Bitcoin Should Be Traded Like Stock,’ Says Begin India Think Tank Founder
7.9.2020
The founder of Begin India Think Tank says that bitcoin should be regulated as stock, which he believes is the legal status the cryptocurrency should get in India. He also believes that Bitcoin may be the most secure technology in our lifetimes. How Bitcoin Should Be Regulated in India Begin India...
Crypto Long & Short: What Changes at the Fed and the SEC Mean for Crypto
30.8.2020
Chairman Powell’s speech on Thursday highlighted how much the Fed’s role is changing, and that's an opportunity for the crypto industry
Russia Blocks Cryptocurrency Websites Ahead of Regulation
30.8.2020
Russian authorities have blocked a number of websites related to cryptocurrency ahead of the country’s crypto regulation taking effect. A popular exchange aggregator website has already been blocked twice and has now received a third notice. Russia Determined to Block Crypto Sites...
4 of South Korea’s Largest Banks to Provide Cryptocurrency Services
16.8.2020
Four of the top five South Korean banks have reportedly announced their plans to provide cryptocurrency services. The announcements came ahead of the crypto regulation that will soon go into effect in South Korea. Largest Korean Banks Entering Crypto Space South Korea’s largest banks have...
Russia Developing AI System to Monitor Cryptocurrency Transactions — Prototype Already in Use
12.8.2020
Russia is reportedly developing a system using artificial intelligence to track and analyze transactions involving cryptocurrencies, such as bitcoin, dash, and monero. The system prototype has already been created and is currently being tested. This news followed the signing of crypto regulation...
Japan’s New FSA Chief Stands Firm on Crypto Regulation, Calls for Push on Digital Yen
7.8.2020
The incoming commissioner of the Financial Services Agency has said the regulator will not soften rules on cryptos
Indian Government Confirms Crypto Bill Is ‘Awaiting Approval’
31.7.2020
The Indian government has confirmed in a Right to Information (RTI) reply that the inter-ministerial committee’s cryptocurrency bill is “awaiting approval of the government.” The bill is currently being examined by various ministries. Indian Government’s Confirmation...
29 Cryptocurrencies Delisted on Liquid Exchange to Comply With Singapore’s FATF Crypto Regulation
27.7.2020
A major Japanese cryptocurrency exchange, Liquid, has delisted 29 cryptocurrencies to comply with the crypto regulation in Singapore in an effort to become a licensed crypto exchange operator in the country. Singapore has been enhancing its crypto regulation in line with the standards set by...
New Russian Law Bans Bitcoin Payments for Goods and Services
24.7.2020
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...
Singapore May Extend Crypto Regulation to Include Overseas Activities
21.7.2020
Under the central bank's proposals, Singapore regulation would end up covering the overseas activities of locally based crypto companies
Romania Is on the Way to Blockchain and Crypto Regulation
20.7.2020
The European Union’s 5AMLD has been adopted as the first regulation in Romania of virtual currencies, crypto-wallets and fiat-crypto exchange platforms
Iran Licenses 14 Bitcoin Mining Farms, Cuts Electricity Tariff up to 47% for Miners
14.7.2020
Iran has reportedly issued permits for 14 bitcoin mining farms and will cut up to 47% off of the electricity tariff in order to support authorized cryptocurrency mining centers. Crypto miners will soon have to register with the government. Iran Licenses More Crypto Mining Farms The Islamic Republic...
Covid-19 Forces Indians to Embrace Digital Payments but Country Still Lacks Crypto Regulation
13.7.2020
The global pandemic Covid-19 is forcing Indians to resort to digital payment platforms when settling bills as well as paying for groceries. Before the Covid-19 outbreak, Indian citizens largely ignored a 2016 government decree that attempted to achieve the same, reports The Economic Times of India....
One Step Forward and One Step Back: Why Is Russia’s Crypto Regulation Treading Water?
23.6.2020
Some Russian regulators propose a blanket ban on digital asset trading, but the country is too far along the path of crypto adoption