Tag: regulations
News related to cryptocurrency regulations in different countries.
US President Joe Biden Signs Infrastructure Plan Without Crypto Amendments
Reading Time: < 1 minuteUS president Joe Biden has signed a bipartisan bill to raise $1.2 trillion to upgrade infrastructure without amendments in favor of representatives of the cryptocurrency industry.
Accounts Chamber of Russia Announces Limitation of Cryptos as a Means of Payment
Reading Time: < 1 minuteCrypto investors should assess the high risks of their investments, since the value of digital assets depends only on the optimism of market players.
US Congressmen Urge SEC to Approve Bitcoin Spot ETFs
Reading Time: < 1 minuteThe launch of an ETF based on Bitcoin futures in the US market took place last month.
US Treasury Releases Report on the Risks of Stablecoins
Reading Time: < 1 minuteThe US Treasury has published a report on the risks associated with stablecoins.
Experts Point to Risks for DeFi in Final Version of FATF Regulations
Reading Time: < 1 minuteThe text of the final version of the FATF guidelines for the crypto industry does not contain clear and narrow restrictions on supervisory functions.
The CFTC Wants to Expand its Power on Crypto Regulation
Reading Time: < 1 minuteThe candidate for the post of head of the CFTC has proposed giving the department the status of the main federal regulator in the crypto market.
FDIC Head: US Regulators Create Conditions for Banks to Work with Cryptocurrencies
Reading Time: < 1 minuteFDIC chairwoman Jelena McWilliams said at the Money 20/20 conference US regulators are focused on creating “clear guidelines” governing how banks interact with the crypto industry.
Hester Peirce Urges SEC to Engage with Crypto Industry
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) needs to work with crypto companies to create a “smart structure” for industry regulation.
New York State Attorney’s Office Bans 2 Crypto-Lending Platforms
Reading Time: < 1 minuteNew York State Attorney General Laetitia James has ordered two crypto lending platforms to cease operations in the state.
Estonian Regulator Denies it Plans to Revoke All Licenses From Crypto Companies
Reading Time: < 1 minuteThe Estonian Money Laundering Data Bureau (RAB) has said it is not exploring the possibility of automatically canceling licenses previously issued to crypto-related companies.
Coinbase Proposes Creation of New Cryptocurrency Oversight Body
Reading Time: < 1 minuteBrian Armstrong, CEO of US-based crypto exchange Coinbase, has suggested that the US authorities create an agency with powers in the field of digital assets at the federal level.
The IMF Points to Risks Posed by Cryptocurrencies
Reading Time: < 1 minuteThe management of the International Monetary Fund regularly points out the risks posed by the cryptocurrency industry.
SEC Speaks Out Against Creation of “Safe Haven” for ICOs
Reading Time: < 1 minuteSEC Commissioner Caroline Crenshaw has opposed calls for a “safe haven” that would protect initial coin offerings (ICOs) projects from being held accountable to the regulator.
US FDIC May Extend $250,000 Insurance Coverage to Stablecoin Deposits
Reading Time: < 1 minuteCertain stablecoins may be listed on the FDIC’s $250,000 end-to-end coverage.
Gary Gensler: The SEC Has No Plans to Ban Cryptocurrencies
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has no plans to ban cryptocurrencies, as stated the head of the regulator Gary Gensler.
Huobi Decides to Shut Down Business in China Due to Authorities Pressure
Reading Time: < 1 minuteCryptocurrency exchange Huobi has decided to leave China after Beijing tightened the regulation of the cryptocurrency industry.
SEC Initiates Investigation Against Circle
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) has initiated an investigation into Circle.
SEC Requires Ripple Video & Audio-taped Recordings of Lawsuit Discussions
Reading Time: < 1 minuteThe US Securities and Exchange Commission (SEC) is requesting audio and video recordings from Ripple of meetings at which the current lawsuit has been discussed.
Australian Cryptocurrency Exchange Independent Reserve Receives A License In Singapore
Reading Time: < 1 minuteAustralia-based crypto exchange Independent Reserve has been licensed by the Monetary Authority of Singapore (MAS) to operate as a VASP.
Elon Musk Asks US Authorities to Not Regulate Cryptocurrencies
Reading Time: < 1 minuteThe US government should not regulate the cryptocurrency market, Tesla CEO Elon Musk has said to CNBC.
US Senators Ask Treasury to Monitor Impact of Crypto Mining on the Semiconductor Supply Chain
Reading Time: < 1 minuteThe US Treasury Department should study and report to Congress on the activity and impact of crypto miners from other countries on the global economy.
US Congress Announces Date of Voting on Infrastructure Plan
Reading Time: < 1 minuteA speaker of the US House of Representatives has set the final vote on the infrastructure bill for Thursday, September 30.
Coinbase Will Offer US Legislators Draft to Regulate Crypto Industry
Reading Time: < 1 minuteUS cryptocurrency exchange Coinbase is working on a draft federal regulatory framework for consideration by US legislators.
The SEC Chief Believes Securities Law Will Help Regulate the Cryptosphere
Reading Time: < 1 minuteThe chairman of the Securities and Exchange Commission (SEC) has previously highlighted the need to regulate the crypto industry.
37% of Texans Support Bitcoin Legalization in El Salvador
Reading Time: < 1 minuteThe legalization of Bitcoin in El Salvador as legal tender has set a dangerous precedent, according to the World Bank.
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