A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post o...
Tag: Regulation
Better Regulation of Africa’s Growing Crypto Market Urgently Needed – Africa Bitcoin News
A well-regulated African cryptocurrency market is needed in order to protect users as well as help countries stop bad actors from using digital assets to circumvent capital controls, the latest post o...
FTX Collapse Isn’t a Crypto Failure — It’s a Failure of SEC, Bankman-Fried, Centralized Finance – Regulation Bitcoin News
U.S. Congressman Tom Emmer says the FTX meltdown is not a crypto failure but a failure with SEC Chairman Gary Gensler, former FTX CEO Sam Bankman-Fried, and centralized finance. “We need to get to the...
Crypto’s Future Will Be Based on Self-Custody and Regulation: Kraken’s Dave Ripley
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
The Block: Bitcoin mining stock report: Wednesday, November 23
Most bitcoin mining stocks tracked by The Block traded higher on Wednesday, some by double digits. The spike took place after Gov. Kathy Hochul signed a partial cryptocurrency mining ban into New York...
Cybercrooks to ditch BTC as regulation and tracking improves: Kaspersky
Bitcoin (BTC) is forecasted to be a less enticing payment choice by cybercriminals as regulations and tracking technologies improve, thwarting their ability to safely move funds. Cybersecurity firm Ka...
‘My elderly relative determined she could no longer care for herself’: Are her assisted-living facility costs tax deductible?
I have an elderly relative in an assisted-living arrangement in Indiana. She was basically directed to go there from a rehabilitation post-surgery, because they determined that she could no longer car...
High Quality Reserves, Audits, and Regulation – Sponsored Bitcoin News
sponsored What is BUSD? Recently, there have been many questions about the safety and soundness of products in the crypto space. There have been many questions about stablecoins in general, so this pi...
Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax – Regulation Bitcoin News
According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay taxes on gains. In addition, the bill ...
FTX Collapse: Binance, Largest Crypto Exchange, Is Under Investigation
The FTX debacle is reverberating through the crypto industry and finance in general. The collapse of this crypto exchange, which in February was valued at $32 billion, shocked everyone. FTX filed for...
SEC facing rising scrutiny after FTX’s epic implosion
After the high-profile implosion of FTX, crypto skeptics and digital currency advocates have both asked the question: Could the Securities and Exchange Commission have done more? Expect to hear ...
El Salvador lawmakers to consider regulation for issuing digital assets
A committee within El Salvador’s Legislative Assembly is considering a long-awaited law aimed at regulating digital asset service providers and issuers in the country. The so-called ̶...
FTX Collapse Highlights Urgent Need for Tighter Crypto Regulation – Regulation Bitcoin News
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, says the collapse of cryptocurrency exchange FTX has highlighted the urgent need for tighter crypto regulation. “We should ...
New York Governor Hochul signs moratorium on proof-of-work mining
New York Governor Kathy Hochul has signed a bill cracking down on crypto mining in the state. The bill imposes a two-year moratorium on new permits for proof-of-work mining operations that rely ...
IMF Says Africa’s Crypto Scene Needs Better Regulation As Adoption Surges
– Advertisement – The IMF has identified the need for better regulatory efforts for the massively-growing cryptocurrency industry in Africa. The International Monetary Fund (IMF) recently ...
Kraken Founder Jesse Powell Says US Crypto Regulation Forcing Investors Out of the Country
Former Kraken chief executive Jesse Powell says existing crypto regulations in the US have hurt American customers and companies. In a new interview on the Unchained Podcast, the Kraken co-founder say...
Federal Reserve Bank President Says ‘Entire Notion of Crypto Is Nonsense’ – Regulation Bitcoin News
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says crypto exchange FTX isn’t “one fraudulent company in a serious industry.” Stating that the “Entire notion of crypto is non...
BOE’s Cunliffe says regulation can save crypto from itself and it’s worth the effort
Bank of England Deputy Governor Jon Cunliffe shared thoughts on cryptocurrency regulation and decentralized finance (DeFi) in a talk on Nov. 21. He intended to speak about stablecoins and central bank...
Bank of England Calls for Crypto Regulation as Chaos Unfolds
The Bank of England has called for greater regulation of cryptocurrencies in light of the FTX collapse, which incidentally occurred in a member state of the British Commonwealth. Bank of England Deput...
Prosecutors investigated FTX for months before collapse: Bloomberg
The U.S. Attorney’s Office for the Southern District of New York was investigating FTX months before the crypto exchange filed for bankruptcy protection, Bloomberg reported. Prosecutors were spe...
Three U.S. senators ask Fidelity to reconsider bitcoin exposure in retirement plans
Three U.S. senators have again asked Fidelity Investments to reconsider a decision to allow retirement plan participants to invest in bitcoin, saying the industry has become increasingly “volati...
BoE speculates FTT token fire sale may have sparked FTX collapse, calls for widespread regulation
Bank of England’s (BoE) Deputy Governor for Financial Stability Jon Cunliffe published a speech on Nov. 21, where he said that the FTX collapse was triggered by an FTX Token run and that the crypto sp...
How $10,000 now will help my newborn granddaughter have a better retirement
Earlier this month, my wife and I were delighted to welcome a new granddaughter into the world, and we wanted to give her the very best gift that we could. My readers won’t be surprised to learn that ...
Brazilian Cryptocurrency Bill Resurfaces After General Ballot – Regulation Bitcoin News
The Brazilian cryptocurrency bill, sidelined several times due to the general election ballot that happened on October 30, might be discussed and voted on during the following week. According to repor...
Joe Biden pushes for international crypto regulation
Following yet another disaster of the asset that has seen millions of investors holding the bag (FTX), US President Joe Biden, draws attention to the need to create clear regulation of the crypto mark...
Biden Demands Stricter Crypto Regulation
Just after the FTX fiasco, global regulators were said to be negotiating global cryptocurrency regulations. In terms of pricing and investor confidence, the FTX’s fall had an impact on the entire cryp...
Biden pushes for tighter international crypto regulation
The amount of money that is believed that has been lost by FTX and its sister business Alameda Research has reached eye-popping heights, and it threatens to swallow the larger cryptocurrency industry....
Opinion: Is Limited Crypto Regulation Good for the Space?
Over the years, we’ve often discussed the implications of crypto regulation. The topic continues to be brought up as fraudulent activity within the crypto space grows at unprecedented rates. Why Regul...
Are you prepared for year-end 401(k) deadlines?
As we approach the end of the year, now is a great time to ensure you’re getting the most out of your 401(k) plan. There are several opportunities to expand your savings, potentially minimize your tax...
FTX Sends Crypto Reeling. The Whales Move in to Profit.
Cryptocurrency markets have been slammed by the sudden bankruptcy of FTX. But amid the carnage, some big traders—whales—were buying. Bitcoin the largest crypto, was plumbing two-year lows at $16,600 o...
Week’s Best: What the Elections Mean for Investors
So, who won? With most of the election drama now resolved, what will the divided legislature mean for tax policy, the health of the markets, and other financial issues? We put those questions to a han...