Ohio lawmakers passed a legislation to block locally-imposed prohibitions on flavored vape & tobacco … [+] products like the one enacted in Columbus. getty While the Biden White House contin...
Tag: Regulation
President of Brazil Sanctions Cryptocurrency Law – Regulation Bitcoin News
President Jair Bolsonaro has approved law 14.478, which regulates cryptocurrency-related operations and virtual asset service providers (VASPs) in Brazil. The document, approved on the last day of the...
Buenos Aires to Tax Cryptocurrency Mining in 2023 – Regulation Bitcoin News
The province of Buenos Aires in Argentina will begin taxing cryptocurrency mining and possibly staking, in 2023. A new proposal modifies the tax law to introduce cryptocurrency mining as a taxable act...
Sam Bankman-Fried Gets Out on $250 Million Bail
Sam Bankman-Fried is being released on a huge recognizance bond following his appearance in a Manhattan Federal Court to face fraud charges related to the collapse of FTX and Alameda Research. The di...
SEC FTT Complaint Is Yet Another Case of Regulation by Enforcement
In yet another enforcement action, bankrupt exchange FTX’s token FTT is a security, the US Securities and Exchange Commission stated in a complaint Wednesday. “FTT was offered and sold as an inv...
Your Retirement Plans Will Change With the $1.7 Trillion Federal Spending Bill
Congress is poised to approve a $1.7 trillion spending bill this week that seeks to avert a government shutdown and boost the savings of Americans by making significant changes to their retirement pla...
Secure 2.0 Act Nears the Finish Line. What to Know About the Retirement Bill.
Legislation that would encourage saving for retirement and increase the age for taking required minimum distributions is nearing passage on Capitol Hill as part of an omnibus spending bill lawmakers a...
Crypto Self-Custody Is Antidote to FTX Fraud — ‘Keep Your Coins Act’ Will Protect Self-Hosted Wallets – Regulation Bitcoin News
U.S. Congressman Warren Davidson has touted the self-custody of cryptocurrencies as the antidote to crypto exchange FTX’s fraud. He is pushing for his bill called “Keep Your Coins Act,” which aims to ...
Coinbase Secures Regulatory Approval to Operate as a Virtual Asset Service Provider in Ireland – Regulation Bitcoin News
Coinbase has announced it has secured regulatory approval as a virtual asset service provider (VASP) in Ireland, according to a company blog post published on Dec. 21. According to the company, Coinba...
Brazil’s cryptocurrency regulation set to become law at midnight
Cryptocurrency regulation in Brazil is poised to become law at midnight local time. The bill, which was approved by the Chamber of Deputies two weeks ago, aims to regulate providers of virtual a...
Coinbase approved as Virtual Asset Service Provider by Irish central bank
Coinbase was granted approval by the Central Bank of Ireland to operate as a Virtual Asset Service Provider (VASP). The registration means the company can continue to provide products and servic...
Coinbase CEO Calls for Regulation of Centralized Crypto Entities
Coinbase founder and CEO Brian Armstrong, for one, believes that ideal crypto regulations should start with centralized actors since most of the damage to the consumers has been done by these entities...
Coinbase hit an all-time low yesterday but says it’s not all bad news. Mostly.
It’s been a tough year for crypto. But Coinbase, whose stock has been flirting with an all-time low, laid the ground for optimism in its 2023 Crypto Market Outlook. Factors including susta...
Canadian Central Bank emphasizes need for stablecoin regulation
The global market for fiat-referenced crypto assets increased 30-fold between the beginning of 2020 and mid-2022. The top three fiat-referenced crypto assets currently control 90% of the total fiat-re...
Coinbase CEO calls for regulation of stablecoin issuers
Coinbase’s CEO, Brian Armstrong, proposed a plan on Monday to bring regulatory stability to the crypto industry. He believes the law will encourage the adoption of stablecoins. Stablecoin issuer regul...
Nigerian Lawmakers Set to Pass Law That Diminishes Central Bank Influence on Crypto – Regulation Bitcoin News
Nigeria is expected to designate cryptocurrency as capital for investment if the country’s House of Representatives votes to approve a bill that seeks to amend the Investments and Securities Act of 20...
Coinbase CEO Brian Armstrong calls for regulation of crypto industry
Coinbase CEO Brian Armstrong published a Dec. 20 blueprint on regulating centralized actors in the crypto space while protecting decentralized innovations. Armstrong opined that regulating centralized...
The Bank Of Canada Stresses Stablecoin Regulation When Legislation Is Presented
Following the failure of the Canadian government to contemplate legislation, experts from a central bank have penned a letter in which they assert that regulation is necessary in order to realize the ...
Bank of Canada cynical on crypto, plumps for stablecoin regulation
Bank of Canada (BOK) just released a statement on the need for regulating stablecoins pegged to a centralized fiat currency. One of the main reasons for this decision is the high demand for crypto ass...
Indian Government Updates Parliament on Cryptocurrency Bill and Investigations of Crypto Exchanges – Regulation Bitcoin News
The government of India has provided some updates on its cryptocurrency bill and investigations of crypto exchanges in Lok Sabha, the lower house of India’s parliament. “Crypto assets are by definitio...
Bank of Canada emphasizes need for stablecoin regulation as legislation is tabled
Staffers at the Bank of Canada released an analytic note on fiat-referenced crypto assets, otherwise known as stablecoins, Dec. 19. In addition to a review of mechanisms for creating and distributing ...
Kazakhstan Tightens Regulation for Miners, Looks to Develop Broader Crypto Industry
It didn’t take long before Kazakhstan’s electrical grid, much of it a legacy of Soviet times, started crumbling under the new load. On top of the miners’ demand, technical failures in interconnection ...
Incoming House chairman wants regulators to form offices of innovation
The incoming chair of the House Financial Services Committee wants regulators to “to modernize and streamline how innovators interact with regulators,” and grant offices of innovation the ...
The Crypto Ice Age Is Here. What’s Ahead for Bitcoin.
For crypto investors, the only thing to celebrate about 2022 is that it is almost over. The industry is fighting for its life amid a cascade of scandals, bankruptcies, and fury in Washington over its ...
Basel Committee Finalizes Rules for Bank Exposure to Cryptocurrency Assets – Regulation Bitcoin News
The Basel Committee, the organization in charge of setting global bank standards, has finalized its new rules related to banks and cryptocurrency exposure. The document establishes two different crypt...
Grayscale may return some capital to investors if GBTC’s ETF dreams fail: WSJ
Grayscale Investments will explore how to return up to 20% of its Grayscale Bitcoin Trust’s capital to shareholders if it cannot turn the product into an exchange-traded fund. A tender off...
Government Agencies Need Crypto Wallets and Access to Exchanges, Russian Prosecutors Say – Regulation Bitcoin News
Russian authorities are finding it hard to cash out digital assets they have gotten hold of, prosecutors have warned. They have also urged the government to recognize cryptocurrency as property, allow...
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,...
Federal Prosecutors Probe Democrats Over Donations From Sam Bankman-Fried – Regulation Bitcoin News
Several members of the U.S. Democratic Party and campaign committees are reportedly being probed by federal prosecutors over donations from former FTX CEO Sam Bankman-Fried (SBF) and another executive...
Markets for Critical Minerals Are Too Prone to Failure
Text size Workers inspect an open cast at Arcadia Lithium mine on January 11, 2022 in Goromonzi, Zimbabwe. Tafadzwa Ufumeli/Getty Images About the authors: Cullen Hendrix is senior fellow at the Peter...