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India’s Central Bank RBI Reiterates ‘Serious Concerns’ About Crypto — Governor Doubts Reports on Indian Crypto Investors
12.11.2021
India’s central bank, the Reserve Bank of India (RBI), still has “serious concerns” about cryptocurrency from a macroeconomic and financial stability standpoint. Furthermore, RBI Governor Shaktikanta Das says he doubts the veracity of the number of Indian crypto investors...
DeFi Industry Must Tackle Lack Of Transparency, Pseudonymity: SEC Commissioner
12.11.2021
US Securities and Exchange Commission (SEC) Commissioner Caroline A. Crenshaw identified two specific structural problems that the decentralized finance (DeFi) industry needs to address: a lack of transparency and pseudonymity....
Read More: DeFi Industry Must Tackle Lack Of Transparency...
US Congress plans 'demystifying crypto' committee hearing for Nov. 17
11.11.2021
Representative Don Beyer — who has previously proposed legislation expanding the regulatory and legal framework for digital assets in the U.S. — will be chairing the hearing
Indonesia’s Islamic Authority Declares Cryptocurrency Haram, Forbidden for Muslims
11.11.2021
Indonesia’s top Islamic body, the country’s authority on Shariah compliance, has reportedly declared cryptocurrency haram, forbidden for Muslims under Islamic law. The Indonesian Ulema Council explained that crypto has elements of uncertainty, wagering, and harm. Cryptocurrency...
Crypto Dilemma in Indonesia, 'Bitcoin Yield' In Miami, Disney's Metaverse + More News
11.11.2021
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: Crypto Dilemma in Indonesia, 'Bitcoin Yield' In Miami, Disney's Metaverse + More News
Nigerian banks tracking customer accounts for crypto trading
11.11.2021
Personal accounts with large multi-day inflow and outflow are being tracked per an order by the country's central bank
If Stablecoins Are Going to Be Regulated Like Banks, They Should Enjoy All the Benefits
11.11.2021
The U.S. Treasury Department proposed regulating stablecoin issuers as banking institutions, which may be a great idea if stablecoin issuers are offered the same privileges as regulated banks. US Treasury Department Report: Stablecoins Regulation Is Urgently Needed The rise of stablecoins within...
Bank of England Governor Warns Crypto Is Providing Means of Payment for Criminals
11.11.2021
Bank of England Governor Andrew Bailey has warned that crypto assets are providing another means of payment for people who want to conduct criminal activity. Bank of England Governor Andrew Bailey Sees Crypto Helping Criminal Activities The governor of the Bank of England, Andrew Bailey, said...
Fresh Bitcoin price highs put bulls in profit for Friday’s $1.2B BTC options expiry
10.11.2021
Bitcoin’s surge to $69,000 took bears by surprise and cemented bulls expected $400 million profit at Friday’s $1.2 billion options expiry
Russian Officials Back Idea of Recognizing Crypto Miners as Entrepreneurs
10.11.2021
Cryptocurrency mining should be recognized as an entrepreneurial activity under Russian law and taxed accordingly, representatives of key ministries in Moscow and the parliament have indicated. Officials believe the regulatory move would benefit both the state and the crypto industry. Russian...
SEC Commissioner: DeFi must address transparency and pseudonymity
10.11.2021
Commissioner Caroline Crenshaw wants DeFi projects to cooperate with the SEC in order to find solutions for compliance with existing regulations
Democratic challenger to crypto-friendly senator's seat is interested in space
9.11.2021
38-year-old Senate candidate Morgan Harper said she would be "in learning mode" on the crypto space and solicited comments from her followers
PBoC governor says digital yuan to be more privacy-enhanced than payment apps
9.11.2021
Making the e-CNY more privacy-orientated aside, the PBoC already has ambitions to bring the CBDC onto the world stage
UK Treasury and central bank will consult on CBDC, potentially launching by 2030
9.11.2021
"The earliest date for launch of a U.K. CBDC would be in the second half of the decade,” said the Bank of England, adding no final decision has yet been made
US Treasury Sanctions 2nd Cryptocurrency Exchange, DOJ Seizes $6.1 Million
9.11.2021
The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators have also been sanctioned and $6.1 million in funds were seized. US Treasury Sanctions Another Cryptocurrency Exchange...
India Plans to ‘Fast Track’ New Cryptocurrency Bill, Seeks to Take ‘Middle Path’ to Regulate Crypto: Report
9.11.2021
The Indian government is reportedly trying to “fast track” a modified cryptocurrency bill to be introduced in the winter session of parliament. India’s crypto legislation is expected to take a “middle path” approach to balance all stakeholders’ concerns....
US officials seize $6.1M in crypto from ransomware actors, adds Chatex to sanctions list
8.11.2021
“This will not be the last time — the U.S. government will continue to aggressively pursue the entire ransomware ecosystem and increase our nation's resilience to cyber threats," said Attorney General Merrick Garland
Fed board member to leave by 2022, leaving Biden to fill 3 seats
8.11.2021
Randal Quarles has been a member of the Federal Reserve Board as well as its Vice Chair for Supervision since 2017
Law Decoded: Which currency is the paycheck of your city’s mayor in? Nov. 1–7
8.11.2021
The infrastructure bill has passed, much to the crypto community's chagrin, yet the key battles lie ahead
Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring
8.11.2021
The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing with digital assets, among others. The new legislation subjects crypto service providers to the country’s financial monitoring regime. Senators Back...