An economics professor and former adviser to the People’s Bank of China has urged the Chinese government to reconsider its ban on cryptocurrencies. He warned that banning crypto activities could resul...
Tag: Regulation
Indian Government Introduces New Crypto Tax Penalties – Regulation Bitcoin News
The Indian government has introduced new crypto tax penalties, including for non-payment of crypto tax deducted at source (TDS). Much to the disappointment of the crypto community, Finance Minister Ni...
UK: crypto regulation coming soon
A press release was published today on the UK government’s official website informing that Britain is drawing up plans for new crypto regulation aimed at protecting consumers. The press release state...
As Fed raises rates by a quarter point, here’s where financial advisers are telling their clients to invest — and store — their money
The Federal Reserve boosted its influential interest rate yet again Wednesday, even as more signs indicate that inflation is cooling. It hiked the benchmark’s key rate by a quarter of a basis point, b...
Britain Announces Plans for ‘Robust’ Crypto Rules, Launches Consultation – Regulation Bitcoin News
The U.K. has unveiled “ambitious plans” to “robustly regulate” various crypto activities, while seeking to protect customers and grow its economy. In the next three months, British authorities will ac...
Federal Reserve raises interest rates by 25 basis points, as expected
The U.S. Federal Reserve raised the target range for the federal funds rate by 25 basis points to 4.5-4.75 percent, bringing the interest rate to a 15-year high. Wednesday’s interest rate decisi...
India Highlights Need for ‘Common Approach to Regulating Crypto Ecosystem’ – Regulation Bitcoin News
India’s Finance Ministry has highlighted the necessity for “a common approach to regulating the crypto ecosystem” in its flagship Economic Survey this year. “Crypto assets are self-referential instrum...
Bitcoin Suisse: the regulation of the sector
Bitcoin Suisse, through the words of its president, explains what will be the path taken by European regulators towards cryptocurrencies Speaking at the microphones of CoinDesk TV is Luzius Meisser, ...
Stablecoins face uncertain future in Hong Kong as new regulation reveals…
The Hong Kong Monetary Authority has concluded its discussion paper on crypto-assets and stablecoins. The regulator has clarified that Hong Kong will not permit algorithmic stablecoins. The Hong Kong...
Hong Kong will not tolerate algorithmic stablecoins in new regulation
In the key principles of its upcoming regulatory framework, the Hong Kong Monetary Authority (HKMA) didn’t find a place for algorithmic stablecoins. Instead, the chief financial regulator will demand ...
Crypto Regulation Needed for Both Good And Bad Actors -WEF Annual Meeting 2023 ⋆ ZyCrypto
Advertisement     What role will crypto regulation play, what type of regulation is required, and who will regulate crypto? These questions and more carried over into ...
Panamanian Crypto Bill Might Get a Second Wind in the Highest Court of the Country – Regulation Bitcoin News
The fate of the Panamanian crypto bill project, which was approved by the Panamanian National Assembly last year, now depends on the decision of the supreme court of the country. The sanction of the p...
Europe’s big bet on crypto regulation
As governments scramble to figure out how to regulate crypto markets, the European Union has produced one of the most comprehensive crypto frameworks to date. EU policymakers designed the Mark...
Korean Government to Adopt Cryptocurrency Tracking System Within 5 Months – Regulation Bitcoin News
The South Korean government will adopt a cryptocurrency tracking system within the first half of this year, the country’s Ministry of Justice reportedly announced. The tracking system will be used to ...
Opinion: The Fed expects a ‘soft landing’ and no recession for the economy. We could get stagflation instead.
I am especially wary of economists — that includes Federal Reserve members and well as former Fed members — who are quick to see a soft landing for the U.S. economy. Soft landings are rare. Former Fed...
Top Republican lawmaker explains how Congress is warming up to crypto
Episode 4 of Season 5 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Rep. Tom Emmer, R-Minn. Listen below, and subscribe to The Scoop on Apple, Spotify, Google Podc...
Kazakhstan Parliament Adopts Law Regulating Crypto Mining and Exchange – Regulation Bitcoin News
Lawmakers in Nur-Sultan have approved the final version of the law “On Digital Assets in the Republic of Kazakhstan.” The new legislation, including several other bills, regulates the circulation of c...
US Senator’s Resolution Encourages Capitol Gift Shops to Accept Cryptocurrency – Regulation Bitcoin News
A U.S. lawmaker has introduced a resolution that encourages Capitol gift shops to accept cryptocurrency payments. He stressed that lawmakers “should increase accessibility and signal our support for t...
US Senator Focused on Crypto Money Laundering Crackdown — Urges Congress, Regulators to Take Action – Regulation Bitcoin News
U.S. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEC), have the tools to regulate the crypto industry effectively and crack do...
Bitcoin Holds Steady Above $23K, White House Urges Congress to ‘Step Up’ Crypto Regulation
The SSR measures the ratio between the supplies of bitcoin and stablecoins. As stablecoins represent buying power, a reduction in the SSR implies that investors are sending stablecoins to exchanges, l...
White House: Crypto Regulation Drama
Join Our Telegram channel to stay up to date on breaking news coverage The White House blamed Congress on Friday for delaying the creation of a comprehensive, national regulatory framework for cryptoc...
Chad Pergram wants more regulation on cryptocurrencies
In a recent interview with Fox News, Chad Pegram, Senior congressional correspondent, said cryptocurrencies are less regulated than other assets. The new committee for crypto regulation The federal l...
‘Timing couldn’t be worse’: Inflation is easing, but more people are using credit cards for unexpected expenses — and the next Fed meeting will raise borrowing costs
A record number of people say they would need to pay for an unplanned $1,000 expense by using their credit card, according to a new survey showing the burden of high prices even as inflation rates ebb...
Virtual Currency Tracking System: South Korea’s Crypto Regulation
The South Korean Ministry of Justice has decided to introduce a virtual currency tracking system. The authority intends to strengthen the tracking of money laundering and the recovery of criminal proc...
White House Publishes ‘Roadmap’ to Mitigate Cryptocurrency Risks – Regulation Bitcoin News
The White House has published a “roadmap to mitigate cryptocurrencies’ risks.” The roadmap calls for authorities to “ramp up enforcement where appropriate” and Congress “to step up its efforts” to reg...
New York Considers Bill to Establish Cryptocurrency as a Form of Payment for State Agencies – Regulation Bitcoin News
A bill has been introduced in the U.S. state of New York to allow state agencies to accept cryptocurrency payments, including bitcoin, ether, litecoin, and bitcoin cash. The legislation proposes allow...
Sao Paolo Introduces Blockchain in Data Access Law – Regulation Bitcoin News
The Brazilian city of Sao Paolo has introduced the concept of blockchain in its municipal data access and transparency law. The concept of blockchain is defined as a technology that can be of use in t...
US Lawmaker Outlines Priorities to Regulate Crypto and Make America the Place for Blockchain Innovation – Regulation Bitcoin News
The chairman of a newly formed digital assets committee, U.S. Congressman French Hill, has outlined some priorities to regulate the crypto sector and ensure America is the place for fintech and blockc...
SEC Commissioner Calls for ‘Consistent Legal Framework’ for All Asset Classes, Including Crypto – Regulation Bitcoin News
A commissioner with the U.S. Securities and Exchange Commission (SEC) has called for “a coherent and consistent legal framework that works across all asset classes,” including crypto assets. She warne...
Blink Charging stock jumps after ShareIntel hired to investigate potential naked short selling
Shares of Blink Charging Co. BLNK, +2.57% shot up 6.9% toward a two-month high in premarket trading Wednesday, after the maker of electric vehicle charging equipment said it hired Shareholder Intellig...