Pham Minh Chinh, the prime minister of Vietnam, has reportedly said the country’s government should study crypto regulation, in part based on residents continuing to trade digital assets despite their...
Tag: Regulation
Andre Cronje Calls for Greater Crypto Regulation, or Does He?
Earlier this year Andre Cronje turned his back on the crypto community after announcing his intention to quit decentralized finance (DeFi), but now he may have returned to argue for tougher regulation...
Singapore Seeks to Reduce Risks for Retail Crypto Investors With Restrictive Rules – Regulation Bitcoin News
Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand ...
The People Want Crypto – And Regulation
HodlX Guest Post Submit Your Post A new poll shows that American voters want to see crypto regulation. The results weren’t even close, with 52% in favor of more regulation and only seven percent in...
Fed Governor Waller Skeptical of Central Bank Digital Currencies — Says He’s ‘Not a Big Fan’ of the Fed Issuing Digital Dollar – Regulation Bitcoin News
Federal Reserve Governor Christopher Waller says he is not a big fan of the Fed issuing a central bank digital currency (CBDC). “It’s just a checking account at the Fed,” said the governor. Federal Re...
Apple Improved the NFT Regulation Rules
Apple is among the leading phone and smart application companies globally. While writing this article Apple Inc. is trading at $153.24. Apple is one of the most well-known mobile firms in the world, ...
UK Regulation of Crypto as Financial Product Edges Closer
Under proposed measures, the Treasury would have the power to amend the definition of cryptoassets Final conclusion of the bill is set for Nov. 3 UK lawmakers have voted in favor of a crypto-related a...
Stablecoin regulation could spell the beginning of the end for DeFi
Ever since the concept of decentralized finance (DeFi) came to the forefront of the crypto space back in 2020, critics (including me) have noted that much of this sector is decentralized in name only....
A Majority of US Voters Want More Crypto Regulation, Poll Shows
A national poll conducted by the Crypto Council for Innovation in October revealed that 52% of the 1,200 voters surveyed want the industry to be more regulated, while a mere 7% said they think the ind...
Rishi Sunak Becomes UK Prime Minister — He Wants to Make Britain a Global Crypto Investment Hub – Regulation Bitcoin News
Britain’s former Chancellor of the Exchequer Rishi Sunak has become the country’s new prime minister, succeeding Liz Truss who resigned after 44 days in office. The leader of the Conservative Party pr...
US Charges Chinese Spies in Scheme to Bribe Government Employee With Bitcoin to Steal ‘Secret’ Documents – Regulation Bitcoin News
The U.S. has charged two Chinese intelligence officers in a scheme to bribe a U.S. government employee to steal “secret” documents relating to the prosecution of a company in China. The defendants pai...
Is FTX’s Sam Bankman-Fried Right about DeFi Regulation?
Although there were still criticisms of the toned-down draft, SBF clarified that he was talking about centralized on-ramps into crypto, not self-executing protocols. “It is not making claims about wha...
US Department of Justice Files $60 Million Lawsuit Against Bitcoin Mixer Operator – Regulation Bitcoin News
The United States Department of Justice recently filed a lawsuit to recover $60 million that was imposed on Larry Harmon, the operator of a bitcoin mixing service targeted by U.S. law enforcement in 2...
Yellen warns of ‘dangerous and volatile environment’ as she pledges to bolster Treasury market
““We’ve experienced energy shocks, food shocks, supply shocks, persistent inflation in many countries around the world, rising interests rates in many parts of the world and we have seen some financia...
‘From Bambi to Godzilla.’ Strategist David Rosenberg skewers the Federal Reserve as he sees a 30% hit to home prices and the S&P 500 returning to an early 2020 low
The last time David Rosenberg shared his outlook for the U.S. stock market and the economy with MarketWatch, in late May, it was depressing enough. Rosenberg is the widely followed president and chief...
Professional investors intend to invest in crypto despite stiff regulation – Study
Investors in the crypto industry have long been wary of attempts by the authorities to discourage people from committing their funds in the sector. Various government authorities across the world have...
Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy wil...
IRS releases new federal tax brackets and standard deductions. Here’s how they affect your family’s tax bill.
America’s high inflation rate will produce a 7% increase in the size of the standard deduction when workers file their taxes on their 2023 income, according to new inflation adjustments from the Inter...
BTC Mining Investment Platform Declared Pyramid Scheme by South African Consumer Watchdog – Regulation Bitcoin News
According to the National Consumer Commission, about 4,000 South Africans who invested in a bitcoin mining equipment supplier, Obelisk, may have participated in a pyramid scheme. The commission said p...
UK government includes new crypto amendment in finance regulation bill
The UK’s Financial Services and Markets bill is home to new amendments seeking to regulate crypto and ban unauthorized service providers, following an amendment paper published on Friday. Andrew Griff...
Amendment to UK financial services bill provides regulation for crypto activities
An amendment to the Financial Services and Markets Bill now before the United Kingdom’s Parliament would extend the law’s powers to regulate financial promotion and other activities to crypto as...
UK Government Adds New Crypto Amendment In Finance Regulation Bill
The UK’s Financial Services and Markets bill published an amendment paper on Friday, portraying that the UK government wants to regulate crypto and ban unauthorized service providers. Andrew Griffith...
VW Starts Building Electric Vehicles In U.S. Plant: Just-In-Time Production
Volkswagen has begun building the Volkswagen ID.4 electric vehicle at the VW plant in Chattanooga, … [+] Tenn. Photo: Volkswagen The timing couldn’t be much better for Volkswagen to start buildi...
IRS sets new 401(k) limits — investors can save a lot more money in 2023
People can contribute up to $22,500 in 401(k) accounts and $6,500 in IRAs in 2023, the IRS said Friday. For 401(k)s, that’s an almost 10% increase from 2022’s contribution limit of $20,500. For IRAs, ...
UK introduces crypto regulation amendment to finance markets bill
The UK government is seeking to provide further clarity on the regulation of cryptocurrencies, per the latest amendment to the Financial Services and Markets bill. According to an amendment note intro...
India Freezes Additional Bitcoin Amid Mobile Gaming App Investigation – Regulation Bitcoin News
India’s Enforcement Directorate (ED) says it has frozen 44.5 more bitcoins as part of an ongoing money laundering investigation into mobile gaming app E-nuggets. The authority has already frozen nearl...
DeFi’s ‘Severe Threat’ Needs New Kind of Regulation, EU Commission Told
“DeFi tools hold a credible promise for new forms of financial services adapted to a globalized, competitive, fair and digital economy,” Roukny, an assistant professor from Leuven University, said at ...
TSMC’s stock slumps after reported diss of U.S. chip efforts; industry downgrades also weigh on sector
Chip stocks lagged behind the broader market Monday following one report that Taiwan Semiconductor Manufacturing Co. is pessimistic about U.S. efforts to build domestic capacity, and another that said...