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Report: Estonian Prime Minister Calls for Restriction of Cryptocurrencies
10.3.2022
The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In addition, the premier wants all Russian as well as Belarusian banks to be removed from the global payment...
Crypto Community is Divided on Biden’s Crypto Executive Order
10.3.2022
American crypto traders and investors are likely to face a new raft of regulations after the United Stated President Joe Biden issued an Executive Order entitled: “Ensuring Responsible Development of Digital Assets.” The document seeks to create a framework of stricter and – some argue – more...
EU Targets Crypto Assets in Widened Sanctions Against Russia, Belarus
10.3.2022
The European Union is extending the scope of sanctions introduced in response to Russia’s invasion of Ukraine, with the latest agreement between member states specifically mentioning crypto assets. Russian oligarchs, senators and Belarusian banks have been targeted. Europe’s Sanctions...
Russian Parliament working group: There should be 'mechanisms to control crypto transactions'
10.3.2022
The working group weighed in on the side of the Finance ministry in a call to regulate, not ban crypto
How South Korea’s Next President Might Change Crypto, Economy & Politics in East Asia
10.3.2022
The main opposition People’s Power Party candidate Yoon Suk-yeol has won the race to become South Korea’s next President. Crypto policy was a key battleground in his victory – by less than a single percentage point – over his centrist rival from the ruling Democratic Party.
Here’s how crypto...
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-friendly Yoon Suk-yeol wins Sth Korean presidency, ICX surges 60%
10.3.2022
Conservative, crypto-friendly candidate Yoon Suk-yeol has claimed victory in the South Korean presidential election, with the token used to mint his signature as an NFT surging 60%
Crypto-related stocks jump in positive reaction to executive order
10.3.2022
Crypto and blockchain-related companies have enjoyed a surge in prices after the market received Joe Biden’s executive order with open arms
Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs
10.3.2022
The United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA) has said. FATF Recommendations A UAE securities regulator, the SCA has said it is getting...
Japanese Crypto Exchanges to Enforce FATF’s Travel Rule Next Month
10.3.2022
All of Japan’s crypto exchanges will adopt the Financial Action Task Force (FATF)’s Travel Rule on April 1 – a move that means most of East Asia’s biggest trading platforms will have begun complying with the controversial protocol before the law even obliges them to do so....
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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
Regulators and industry leaders react to Biden‘s executive order on crypto
9.3.2022
"The proverbial doors of policymakers are wide open, this is now a national conversation in the U.S.," said Circle CEO Jeremy Allaire
Sanctions on Russia and Belarus will include crypto — European Commission
9.3.2022
The expansion of sanctions follows the commission announcing in February that it would be removing several Russian banks from the SWIFT cross-border payment network
Dubai establishes virtual asset regulator and announces new crypto law
9.3.2022
The Sheikh said the regulator will have authority in Dubai's special development zones and free zones with the exception of the Dubai International Financial Centre
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...
EU Clarifies Crypto-Related Sanctions on Russia & Belarus, But Questions Remain
9.3.2022
The European Union has today extended the scope of sanctions on Russia and Belarus, bringing clarifications on cryptoassets into the mix – but as the full legal text is not available yet, these points remain somewhat unclear.
Today, the European Commission said that the member states have...
Bitcoin Rally Gets Support From ‘Watershed’ Executive Order, Rising Stock Market
9.3.2022
Traders bid the price of bitcoin (BTC) up strongly in the market today even before a new Executive Order by US President Joe Biden laid out plans for what was seen as a positive approach to digital assets. Also, an improved sentiment sent US stock futures higher, helping BTC too....
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Biden to sign executive order on crypto, authorize all-government effort to consolidate regulation
9.3.2022
The document does not announce any restrictive measures, but it will undoubtedly lay the groundwork for a more focused federal oversight
Europe’s MiCA Crypto Rules Submitted, ECON Committee to Vote in Mid-March
9.3.2022
The European Union’s regulatory proposal for crypto markets, MiCA, has been filed with the European Parliament. The latest version of the draft framework does not feature a controversial provision that could have effectively prohibited cryptocurrencies like bitcoin that rely on proof-of-work...