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Nalezeno "g7 crypto regulation": 1640

Ciphertrace Says Banks Unknowingly Process $2 Billion in Crypto per Year


According to the blockchain analysis firm Ciphertrace, major U.S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered...

Russian Govt Official: Crypto Regulation is the International Issue


Russia should not “run ahead” of other countries and take the role of a global trendsetter in crypto regulation due to financial crime risks, according to Yuri Chikhanchin, the director of the Federal Financial Monitoring Service (Rosfinmonitoring). Speaking at the Federation Council, the upper...

NY Regulator Proposes Relaxing New Coin Listing Requirements


The New York State Department of Financial Services, the Bitlicense regulator, has published a proposed framework for licensed companies seeking to list new coins. This is the first time the regulator has proposed changes to its crypto regulation in five years. Among the changes, licensees will...

Finland Approves First 5 Crypto Service Providers


Finland’s crypto regulation is now in full effect. The first five crypto service providers have been approved to legally operate in the country, the Finnish financial regulator confirmed to news.Bitcoin.com. The grace period for operating without registration has expired. Also read: Finland...

State Bank of India Chief Argues Crypto Regulation Is a Must


The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.C., with Finance Minister Nirmala Sitharaman. Also read:...

Government and Crypto Regulation: The Unwanted Dilemma


The history of cryptocurrencies is just over a decade old; however, the journey from the first Bitcoin transaction to becoming a multi-billion-dollar industry has been nothing short of dramatic. Mahatma Gandhi once said, “first they ignore you, then they laugh at you, then they fight you, and then...

Indian Parliament Member Helping Crypto Community Influence Regulation


The Indian crypto community has made progress towards influencing the government’s crypto policies. Some industry leaders have met with an influential lawmaker who has agreed to help bring about positive crypto regulation in the country. Also read: India’s Popular ‘Who Wants to...

Indian Lawmaker Raises Hope of Positive Crypto Regulation


A member of the upper house of the Indian parliament has given the crypto community some advice on what can be done to influence the government’s crypto decisions. He encourages anyone to reach out to him and discuss their concerns, including issues related to the draft bill to...

Indian Government’s New Report Views Crypto Positively


A new Indian government report has put cryptocurrency in a positive light, viewing the mechanisms surrounding it, including initial coin offerings, as “revolutionizing the global fintech landscape.” The report also discusses the regulation of coins and tokens. Also read: Indian...

Indian Exchanges Innovate as Calls for Positive Crypto Regulation Escalate


Indian crypto exchanges are innovating, launching new products and improving services for their users, despite the country’s regulatory uncertainty and unresolved banking restrictions. Meanwhile, the Indian crypto community continues its efforts to convince the government that the draft bill...

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