The US civil cases against the elusive and now deceased John McAfee have come to an end. On July 18, the Commodity Futures Trading Commission announced a settlement and injunction against Jimmy Gale W...
Tag: Regulation
Central Banks, Governments Are ‘Way Behind the Curve’ in Regulating Cryptocurrencies – Regulation Bitcoin News
Harvard Professor of Economics and former chief economist at the International Monetary Fund (IMF) Kenneth Rogoff says central banks and governments are “way behind the curve” in regulating cryptocurr...
USDC issuer Circle lays out its hopes for coming stablecoin policy
Dante Disparte, the leader of Circle’s government work, on July 18 published a set of 19 principles for stablecoin regulation, as part of the company’s efforts to shape US stablecoin polic...
Crypto-curious Dem on the ballot in hot Maryland primary
A crypto-curious Democrat could take one step closer to Congress this week, when Maryland voters head to the polls for a House primary in the Washington, D.C. suburbs. Glenn Ivey, a former Hill staffe...
We have $1.5 million we don’t intend to ever use in retirement – how do we invest it if we plan on giving it to our kids one day?
I’m 59 years old, and my wife is older (retired early). I will be retiring next year after 40 years of Naval service and government contracting. After the recent market crash in 2022, we still have a...
Crypto Ban, Regulation Effective Only With Significant International Collaboration – Regulation Bitcoin News
India’s finance minister has informed parliament that the central bank, the Reserve Bank of India (RBI), wants cryptocurrencies to be prohibited. However, she noted that “any legislation for regulatio...
Singapore Is Tightening The Noose Around Crypto Regulation Following Recent Collapse Of Big Crypto Firms
– Advertisement – The government of Singapore is introducing more restrictions on crypto-related retail investments. Over the last few weeks, the crypto market has seen some of the large...
Dubai Regulator Grants Crypto Trading App OKX License to Extend Services in the UAE – Regulation Bitcoin News
The Seychelles-based crypto trading app, OKX, recently became the latest virtual assets service provider to be granted a provisional licence to provide its services in the United Arab Emirates (UAE). ...
Coinbase Obtains Regulatory Approval to Provide Crypto Services in Italy – Regulation Bitcoin News
Nasdaq-listed cryptocurrency exchange Coinbase has obtained regulatory approval to offer crypto services in Italy. “Coinbase is committed to bringing the power of our full product suite to customers a...
US Senator Says Too Many Crypto Firms Are Able to Scam Customers — Urges SEC to Regulate – Regulation Bitcoin News
U.S. Senator Elizabeth Warren says that “too many crypto firms have been able to scam customers and leave ordinary investors holding the bag while insiders make off with their money.” She stressed the...
G20 Nations Agree on Need for Collaborative Effort on Crypto Regulation
G20 nations have agreed on a common reporting standard that will ensure financial stability in their economies. Between July 15 and 16, a G20 Ministerial Symposium on Tax and Development took place in...
Dutch Central Bank Fines Crypto Exchange Binance $3.4 Million Citing ‘Very Serious’ Violations – Regulation Bitcoin News
The Dutch central bank has fined cryptocurrency exchange Binance 3.325 million euros for offering crypto services in the Netherlands without the legally required registration. Binance has appealed aga...
SEC Chair Gary Gensler Points to What’s Coming for Crypto Regulation in Next Several Months
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler is revealing what’s in store for the crypto space in terms of regulations. In a new interview on Yahoo Finance, Gensler says that the S...
Reserve Bank of India plans crypto regulation
Recently, the Reserve Bank of India and the national government agreed on the crypto’s future. On the one hand, the highest authority in India applied taxes on crypto transactions that will reach 30 p...
Prominent Countries Strengthen Their Relationships on Crypto Regulation
23 seconds ago | 2 mins read Editors News According to FCA, U.S and U.K relations on crypto regulation will strengthen. The U.S. and U.K. will regulate stablecoins and investigate CBDCs. Nikhil Rathi,...
South African Court Releases Former Monero Developer Riccardo Spagni From Custody – Regulation Bitcoin News
A South African regional court recently ruled to release former Monero lead maintainer, Riccardo Spagni, from custody. The ruling came just a few days after his arrest by local law enforcement agents,...
G20 Nations Affirm Need for Cross-Border Coordination and Stablecoin Regulation
Finance ministers and central bank governors from the G20 nations spoke about the need for cross-border cooperation and stablecoin regulation at a recent meeting. Governmental figures from the G20 nat...
Paraguay’s congress passes crypto bill, sends to president
Paraguay could soon have a new regulatory framework. On July 14, Paraguay’s Senate passed a bill setting up a new licensing for crypto exchanges and rules for miners, among other areas. The bil...
SEC chairman Gary Gensler outlines details of crypto regulation
US is close to finalizing the details of the crypto regulations as the US treasury has submitted the draft to President Biden. While SEC is the main watchdog regarding securities, finance, and invest...
US and UK to Deepen Ties on Crypto Regulation, Says British Regulator – Regulation Bitcoin News
Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for less...
Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto regulation. “We do have robust authorities from Cong...
Australian central banker says privately issued, regulated digital currencies may have benefits: Reuters
Consumer-focused digital tokens issued by private companies may be better than central bank-issued tokens if they can be properly regulated, Australia’s central bank chief said today in a panel discus...
Chip Investment Decisions Await Congressional Action on $52 Billion Funding Bill
Political wrangling in Congress over government funding for the semiconductor industry is leaving tens of billions of dollars of potential factory projects hanging in limbo and could dent the ambition...
Paraguayan Senate Approves Cryptocurrency Bill – Regulation Bitcoin News
The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, which had already been submitted to the deputy chamber, was approved wi...
UK Treasury disclosures for first quarter reveal meetings with top crypto execs
UK Treasury disclosures for the first quarter of 2022 reveal a number of meetings between top officials and crypto companies. The HMT Ministers’ Meetings log, published on the UK government web...
Sweden favors making steel over mining bitcoin as power gets scarce: Bloomberg
Sweden’s Energy Minister Khashayar Farmanbar told Bloomberg in an interview that it was more important to provide electricity for job-creating projects like steel plants than for bitcoin miners that a...
South African Crypto Investors and Service Providers Told of Legal and Tax Implications of Central Bank’s Plan – Regulation Bitcoin News
South African tax consultancy firm Tax Consulting SA, has said the recent announcement by the central bank — that will start to regulate cryptocurrency in 12 to 18 months — has legal and tax implicati...
Sri Lanka’s Central Bank Warns About Crypto Amid Severe Economic, Political Crisis – Regulation Bitcoin News
Sri Lanka’s central bank issued a warning regarding the use of cryptocurrencies amid a devastating economic and political crisis. The central bank stressed that it “has not given any license or author...
SEC Commissioner Allison Herren Lee steps down
Allison Herren Lee stepped down from her position as a Commissioner of the Securities and Exchange Commission (SEC) today. Lee announced her planned departure in March of this year with plans to take...
India Calls on G20 to Bring Crypto Within Global ‘Automatic Exchange of Information’ Framework – Regulation Bitcoin News
India’s finance minister has called on the G20 countries to bring crypto within the “Automatic Exchange of Information” framework. More than 100 countries have adopted the Common Reporting Standard un...