India’s central bank, the Reserve Bank of India (RBI), sees cryptocurrencies as “a clear danger.” However, the financial stability risks posed by crypto assets currently appear to be “limited.” RBI on...
Tag: Regulation
Gas prices edge down just in time for July Fourth travel — here’s why
It’s a cool breeze during a hot moment, but it’s not the summer weather. As record-breaking numbers of Americans pack their cars and travel to Fourth of July barbecues that will cost them more than la...
Crypto regulation faces even steeper climb
Bitcoin and similar digital currencies are so new, that there’s no specific federal law governing them Crypto investors and startups have been in a state of suspense for a couple of years Thursday’s r...
EU Makes Deal on MiCA Legislation to Regulate Crypto Markets – Regulation Bitcoin News
Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehens...
Grayscale Bitcoin Trust’s Discount Is Tempting. Why It’s Not a Slam Dunk.
There is a way to buy Bitcoin for nearly a third less than the market price, but investors do so at their peril. That is the broad lesson to draw from the travails of the Grayscale Bitcoin Trust (tick...
Senator Indira Kempis Proposes Bill to Make Bitcoin Legal Tender in Mexico – Regulation Bitcoin News
Indira Kempis, senator of the Mexican Congress, has proposed a bill that would make bitcoin legal tender in the country. The bill bases its action on the hardships that Mexican citizens are facing wen...
Experts weigh in on European Union’s MiCa crypto regulation
European Union officials recently agreed on a landmark law called the Markets in Crypto-Assets (MiCa) framework that provides guidance for crypto asset service providers (CASPs) to operate within the ...
EU Agrees To An Agreement On Markets in Crypto Assets regulation (MICA); Details
Europe becomes the first continent to come to an agreement on crypto regulation as reported by Stefan Berger, a MICA parliamentarian. This groundbreaking decision comes in the wake of France passing t...
US Regulator Charges South African MTI and Its Operator With $1.7 Billion Fraud Involving Bitcoin – Regulation Bitcoin News
The U.S. Commodity Futures Trading Commission (CFTC) has charged Mirror Trading International (MTI) and its operator with a $1.7 billion fraud involving bitcoin. This action is the regulator’s largest...
A Global Standard For Regulation?
At a time when there is rising demand for strict crypto regulation, European authorities agreed on a set of rules. The Economic and Monetary Affairs Committee negotiators struck a provisional politica...
EU agrees on MiCA regulation to crack down on crypto and stablecoins
Officials from the European Union have agreed on a landmark law that will make life tougher for crypto issuers and service providers under a new single regulatory framework. Stefan Berger, European P...
Landmark MiCA regulation package approved by EU regulators
The European Parliament and the Council Presidency have agreed upon landmark crypto regulation, with negotiations resulting in the Markets in Crypto-Assets (MiCA) proposal, which will provide clear ru...
From soup to nuts of ‘agreement reached on European crypto-assets regulation’
As the rest of the cryptocurrency market gradually moves on from the aftermath of the collapse of Terra’s LUNA and UST, regulators across the globe have become increasingly skeptical of digital assets...
EU agrees to deal on landmark MiCA cryptocurrency regulation
Bitcoin is a volatile asset, and has been known to swing more than 10% higher or lower in a single day. Jakub Porzycki | Nurphoto | Getty Images EU officials on Thursday secured an agreement on what i...
The Country May Be Close To A Recession, But These States Are Still Growing
WASHINGTON, DC – FEBRUARY 22: U.S. President Joe Biden participates in a virtual meeting about … [+] mineral supply chains and clean energy manufacturing in the South Court Auditorium of t...
States, Not Congress, Will Lead Crypto Regulation, Says Legal Expert
Rather than waiting on the federal government to codify rules, states could move forward with standards of their own, such as liquidity requirements, as a condition for all crypto trading platforms to...
EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies – Regulation Bitcoin News
European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activitie...
Morocco to Bring Cryptocurrency Regulation Soon
Morocco will soon join the list of countries that have introduced a regulatory system to manage the cryptocurrency being circulated in the country. The Central Bank of Morocco, Bank Al-Maghrib (BAM) i...
E.U. moves further in its crypto regulation
The E.U. Parliament, Council, and Commission tripartite reached a provisional agreement in June 29 on the Transfer of Funds Regulation (TOFR). The TOFR constitutes a part of the regulatory frameworks ...
Big crypto players will shape regulation
You can’t talk about the crypto industry in Europe without mentioning Paris. The capital of France has long been called Europe’s crypto capital, and recent developments in the country have only furthe...
Uzbekistan Presents Registration Requirements for Cryptocurrency Miners – Regulation Bitcoin News
Authorities in Uzbekistan have drafted and put forward for public consultations a set of rules for crypto miners operating in the country. Companies that want to mint digital currencies will have to r...
Russia: toward more crypto-friendly regulation?
On Tuesday, the Kremlin approved a bill in the Duma that would exempt those working with crypto in Russia, directly or indirectly, from paying VAT value tax. The bill would also include a tax rate on ...
400+ Crypto Advertisements Violate Guidelines in India — ‘Some Influencers Talk About Crypto Without Understanding It’ – Regulation Bitcoin News
The Advertising Standards Council of India (ASCI) has reportedly revealed that more than 400 crypto ads violated its guidelines so far this year. The majority of complaints the ad council received are...
Morocco’s Central Bank To Introduce A Crypto Regulation Bill Soon ⋆ ZyCrypto
Advertisement     Morocco has joined a growing list of countries pivoting towards drafting and passing comprehensive cryptocurrency laws, even as the adoption rate of ...
MiCA crypto regulation could arrive at the end of June
The crypto regulation of Markets in Crypto Assets, commonly referred to as MiCA, has been a pipe dream for a long time and has been delayed for various reasons, but it may now be arriving at the end o...
FBI Arrests 2 Men Planning ‘Violent’ Robbery of Bitcoin Worth Millions of Dollars — They Face 20 Years in Prison – Regulation Bitcoin News
The Federal Bureau of Investigation (FBI) has arrested two men who participated “in a violent plan to break into a family’s home in the middle of the night” to steal bitcoin worth tens of millions of ...
Central Bank of Morocco to introduce Bitcoin and crypto regulation bill
Morocco is joining the list of countries aiming to formally control the crypto sector by reportedly working on a final regulatory framework to guide the market. The country’s central bank, Bank Al-Ma...
SEC Chair Gensler Affirms Bitcoin Is a Commodity — ‘That’s the Only One I’m Going to Say’ – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says bitcoin is a commodity. He emphasized that the SEC, the Commodity Futures Trading Commission (CFTC), and banking r...
Nio stock bounces, after EV maker disputes short-seller report, saying it contained ‘numerous errors’
Shares of NIO Inc. were knocked down by a short-seller report on Wednesday, alleging exaggerated financial results, even as the China-based electric vehicle maker said the report is without merit and ...