Treasury Secretary Janet Yellen – who despite being a renowned economist couldn’t predict that the U.S. was headed for its worst inflationary period in over 40 years – has stated that the fall of the ...
Tag: Regulate
Crypto Market Too Dangerous Not to Regulate
The deputy governor of the Bank of England (BoE) has warned that cryptocurrency trading is “too dangerous” to remain unregulated adding that it could pose “a systemic problem” if action is not taken. ...
Regulate crypto before ‘systematic problems’ occur, BoE official says
The Bank of England’s deputy governor said that crypto is integrating into traditional finance and should be regulated to protect retail speculators and the broader financial system. Sir ...
US Senator Introduces Bill to Regulate Payment Stablecoins – Coinotizia
A U.S. senator has introduced a bill to “establish the first federal regulatory framework for payment stablecoins.” The lawmaker explained: “This bill will also ensure the Federal Reserve, which has d...
US Senator Introduces Bill to Regulate Payment Stablecoins – Bitcoin News
A U.S. senator has introduced a bill to “establish the first federal regulatory framework for payment stablecoins.” The lawmaker explained: “This bill will also ensure the Federal Reserve, which has d...
Binance joins the Chamber of Digital Commerce to regulate crypto
Binance recently announced joining The Chamber of Digital Commerce, the renowned crypto and blockchain trade association. The exchange has become a part of the association’s executive committee to ass...
Regulate centralized actors but leave DeFi alone
Coinbase CEO Brian Armstrong has pushed for stricter regulations on centralized crypto actors but says decentralized protocols should be allowed to flourish given that open-source code and smart contr...
Nigeria to Regulate Crypto to Align with Global Practices
Nigeria plans to regulate cryptocurrency to be up to date with global practices. The African nation once banned the trading of crypto in 2021. The Nigerian government might amend the Investment and Se...
Nigeria passes amendment bill to regulate crypto
The Central Bank of Nigeria (CBN) banned the use of crypto assets with the rise of the #ENDSARS movement in the country. Babangida Ibrahim, chairman of the House of Representatives Committee on Capita...
SEC Chairman Says Important to Regulate Crypto Issuers and Intermediaries – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has stressed the importance of bringing “intermediaries and issuers of crypto securities” into compliance. In addition,...
Financial Security Oversight Committee (FSOC) Calls On Congress To Regulate Spot Crypto Trading
Join Our Telegram channel to stay up to date on breaking news coverage After witnessing repeated mishaps in the cryptocurrency market, the US financial regulators have once again started to urge congr...
Abu Dhabi Creates the MEAACBA Organization to Organize and Regulate Crypto
Abu Dhabi has launched a new organization it’s calling the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA). The non-profit is built to bring industry leaders together to disc...
Australia to regulate crypto service providers by early 2023
Australia will put a comprehensive framework together in early 2023 in which rules will be established for regulating crypto service providers. The Australian government is expected to regulate crypto...
Goldman Sachs Explains How to Regulate Crypto After FTX
Goldman Sachs published a research note on Friday covering blockchain technology and the recent demise of the crypto exchange FTX. The investment banking giant believes regulation is “needed at the po...
Congress Really Wants to Regulate Crypto After FTX
With FTX filing bankruptcy and Sam Bankman-Fried now leaving the throes of his once-great company, Congress and the elites in Washington are once again turning up the volume on their arguments for reg...
Britain finalizing plans to regulate crypto
According to the Financial Times on Monday, the British Treasury is finalizing plans for a scheme to regulate crypto businesses in the region. The plan reportedly includes prohibitions on foreign corp...
Brazil’s Congress Moves to Regulate Crypto Payments
Brazil’s Congress today passed a bill that would regulate the use of cryptocurrency as a means of payment throughout the country, potentially providing a boost toward the adoption of digital ass...
The Lawmakers Are Requesting The SEC Take Strict Action To Regulate The Crypto Market
The FTX breakdown created a high level of doubt and fear among crypto investors and users. Last week’s crypto market was filled with uncertainty for crypto asset prices. Investors are afraid to make a...
Bank of Russia Sets Out to Regulate Digital Asset Taxation, Exchange, Still Opposed to Crypto – Regulation Bitcoin News
The Central Bank of Russia supports the development of digital financial assets but remains opposed to legalizing crypto payments, its top management has reiterated. The monetary authority is now work...
Costa Rican congresswoman proposes bill to regulate, recognize cryptocurrency
Costa Rican Congresswoman Johana Obando proposed a bill titled “Cryptoassets Market Law (MECA),” to regulate and recognize cryptocurrency in the Central American country. The bill was proposed alongs...
Costa Rican Lawmaker Proposes to Regulate Crypto Market
Johana Obando, a congresswoman from the Central American country of Costa Rica, has introduced a bill to Congress requesting the government to regulate the crypto market and cut taxes on cryptocurrenc...
The UK has a new name for stablecoins and a new bill to regulate crypto
The United Kingdom moved forward on the Financial Services and Markets Bill on Oct. 25, hardening its vision for Bitcoin (BTC) cryptocurrency and “digital settlement assets” in the country. The sugges...
The Treasury Wants to Regulate Crypto… And Fast
The U.S. Treasury has warned that unregulated cryptocurrencies could come back to haunt the United States and its financial workings. The Treasury Is Terrified of Crypto The Treasury has been engaged ...
Bitcoin price back above US$20,000, Ether jumps as U.K. votes to regulate crypto
Bitcoin was trading above US$20,000 for the first time in almost three weeks on Wednesday morning trading in Asia. Ether and the rest of the top 10 cryptocurrencies by market capitalization, excluding...
CFTC Chair Suggests Ether is Commodity, Let Congress to Regulate Crypto
Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam on Monday tried to dispel the narrative of a turf war over digital assets regulation between his agency and the Securities and Exchan...
U.K. adds a New Amendment to Bill, Seeks to Regulate Stablecoins – crypto.news
On Friday, 21st October 2022, the U.K.’s Financial Services and Markets Bill publish an amendment paper to address the regulation of stablecoin. In the amendments paper, Andrew Griffith, member of pa...
South Africa Moves to Regulate Crypto Assets
South Africa’s financial regulator on Wednesday issued a notice to declare cryptocurrencies as a financial product. It was also announced that crypto firms in the country will need to apply for a lice...