The European Union (EU) will present an initiative to address the metaverse and all the activities and interactions happening in it sometime in 2023. The proposal, which was qualified as ”key” in the ...
Tag: Regulation
White House releases first-ever framework for crypto regulation in the US
President Joe Biden’s administration is lobbying for more control and further laws on cryptocurrencies when digital assets are gaining popularity. The White House alluded to the volatility of cryptocu...
SEC could facilitate ‘different set of disclosures’ for crypto, Gensler says
The Securities and Exchange Commission could facilitate “a different set of disclosures” for crypto securities, SEC Chair Gary Gensler told Sen. Cynthia Lummis (R-Wyo.) on Thursday. “The entrepreneurs...
Multiple crypto regulators could ‘undermine’ securities rules
Securities and Exchange Commission Chair Gary Gensler cautioned that multiple federal agencies overseeing securities could “undermine” market regulation, during a regular oversight hearing of his agen...
Why Crypto Regulation Puts CFTC In Crosshairs With SEC
Crypto regulation is inevitable, that seems to be the message coming from U.S. regulatory agencies, government officials, and large players in the space. Once they have understood this, their factions...
PCAOB Arrives In Hong Kong, EU Regulation Sends Solar Stocks Lower
China Last Night KraneShares Key News Asian equities were mixed but mostly lower overnight as uncertainty surrounding US interest rates continues to pervade global markets. Today was a reversal of yes...
Central Bank of Argentina Issues New Compliance Rules for Digital Wallets – Regulation Bitcoin News
The Central Bank of Argentina has issued a new set of rules for operators of digital wallets in the country. Customers of companies like Uala, a wallet popular in Argentina, will now be qualified as f...
Binance CEO says EU regulation will become a global standard
The European Union’s Markets in Crypto Assets (MiCA) legislation is likely to adopted globally as the standard for regulatory oversight, Binance founder and CEO Changpeng Zhao said. “The EU MiC...
What will people do after getting $10,000 or $20,000 in student debt forgiven? MarketWatch asked readers — here’s the No. 1 answer.
Americans’ student debt loads are poised to lighten up and people are making plans on what’s next for their freed-up cash. Borrowers appear to have two prime targets in mind: getting current on their ...
Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December – Regulation Bitcoin News
The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Worki...
Binance CEO Lauds EU Crypto Regulation, Takes Issue with Stablecoin Limitations
The CEO of Binance has stated that crypto regulation in the EU is great but must eliminate stablecoin restrictions. Binance CEO Changpeng Zhao believes that the European Union’s (EU) regulation patter...
Egypt’s Central Bank Issues Crypto Warning — Violators Risk Imprisonment – Regulation Bitcoin News
The Central Bank of Egypt (CBE) has issued a fresh warning about cryptocurrency, noting that violators could face imprisonment. The Egyptian central bank’s law “prohibits issuing, trading, or promotin...
Uruguay’s executive branch proposes crypto regulation: El Observador
Uruguay’s executive branch has proposed a bill that would allow the country’s central bank to legally oversee virtual assets, local newspaper El Observador reported on September 8. The bill, pr...
South Korean Prosecutors Issue Arrest Warrant for Terraform Labs CEO Do Kwon – Regulation Bitcoin News
A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea. The prosecutors allege that Kwon and his co-accused violated the country’s capital markets...
Uruguay’s executive branch proposes crypto regulation –
Uruguay’s presidential branch has proposed a bill that would place the country’s national bank responsible for directing computerized resources The proposed guideline would likewise make changes to th...
Binance’s CZ says Europe’s MiCA framwork could be a global crypto regulation standard
Binance CEO Changpeng “CZ” Zhao said that Europe’s Market in Crypto Assets (MiCA) regulatory framework, though demanding, could become a global standard for . During a fireside chat on Sept. 14 at the...
Crypto Investment Regulation for International Banks May Be Ready by Year-End
The regulations that will govern internationally active banks that offer crypto investment services to customers will likely be ready by the end of the year. The Group of Central Bank Governors and He...
Abu Dhabi Global Market Financial Regulator Unveils Virtual Asset Regulation ‘Guiding Principles’ – Coinotizia
Abu Dhabi Global Market’s financial regulator, the Financial Services Regulatory Authority (FSRA), recently unveiled six principles that will guide its “approach to virtual asset regulation and superv...
Abu Dhabi Global Market Financial Regulator Unveils Virtual Asset Regulation ‘Guiding Principles’ – Regulation Bitcoin News
Abu Dhabi Global Market’s financial regulator, the Financial Services Regulatory Authority (FSRA), recently unveiled six principles that will guide its “approach to virtual asset regulation and superv...
Former Coinbase Manager’s Brother Pleads Guilty in Cryptocurrency Insider Trading Case – Regulation Bitcoin News
The brother of a former Coinbase product manager has pleaded guilty in a cryptocurrency insider trading case. According to the U.S. Department of Justice (DOJ), he is facing up to 20 years in federal ...
Russia: all the news on crypto payments regulation
Russian Finance and Central Bank Minister Aleksey Moiseev said in a TV interview conducted by Russia24 that cryptocurrencies are needed to make cross-border payments. On TV, Moiseev reportedly stated:...
IMF Chief Says Her Thoughts Align with India on the Need for Global Crypto Regulation ⋆ ZyCrypto
Advertisement     International Monetary Fund’s (IMF) Managing Director Kristalina Georgieva said that she shares India’s sensibilities on crypto regulations. She said...
The biggest Fed rate hike in 40 years? It could be coming next week.
Desperate times call for desperate measures, and times are, arguably, increasingly desperate. The persistence of high inflation might force the Federal Reserve to resort to the biggest increase in a k...
The Federal Reserve’s Rate Hikes Are Cooling The Housing Market But Land-Use Reforms Still Needed
Professional engineer architect worker with protective helmet and blueprints paper at house building … [+] construction site background getty Since the spring of 2022, the Fed’s federal funds ra...
Head Trader of $100M Global Crypto Ponzi Scheme Pleads Guilty in US – Regulation Bitcoin News
The head trader of a $100 million global cryptocurrency Ponzi scheme has pleaded guilty and is facing up to five years in prison, according to the U.S. Department of Justice (DOJ). “The defendants all...
Uruguay Introduces Cryptocurrency Law in Parliament – Regulation Bitcoin News
A new cryptocurrency bill project was introduced by the executive power to the Parliament of Uruguay. The bill seeks to clarify how crypto assets will be regulated in the country, giving the Central B...
‘Bitcoiner’ Bruce Fenton Mines Senate Race for Support in Granite State
SALEM, N.H. — New Hampshire Republican Bruce Fenton is down in the polls, and plenty of Granite Staters haven’t even heard of him, but the self-described “bitcoiner” is doing his part to get people ta...
U.S. plans new curbs on exports of chips, chip-making tools to China: report
The Biden administration plans to expand export restrictions for U.S. chip companies to China, according to a new report. Reuters reported Sunday night that the new curbs on artificial-intelligence se...
Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says ‘Vast Majority Are Securities’ – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He emphasized...
Bitcoin Holds Steady Above $21K; DeFi Platform Forward’s $5M Funding Round Highlights Crypto’s Growth in Thailand, but Regulation Lags
While noting bitcoin’s encouraging rebound from $18,500 earlier in the week, Joe DiPasquale, CEO of crypto asset manager BitBull Capital also said that such resurgences have not been unusual for...
Carvana Stock Is ‘Grossly Undervalued,’ Analyst Says
Text size Carvana stock has lost 84% this year. Mark Ralston / AFP via Getty Images Declining prices for used cars, rising interest rates, and a series of regulatory challenges have pummeled Carvana s...