I am 48 years old, single and have lived in various states and done diverse jobs. Genetically, I foresee my life span being around 20 more years, as I lost my parents at a very young age. In this 15 ...
Tag: Regulation
Ethiopian Central Bank Urges Residents to Stop Engaging in Crypto Transactions – Regulation Bitcoin News
The National Bank of Ethiopia (NBE) has said it does not recognize cryptocurrencies as a legitimate method of payment and that residents must avoid using them. The bank insists the local birr currency...
Crypto’s Decentralized Nature Makes Regulation Challenging – Bitcoin News
India’s market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes consumer protection and regulatory enforcement challenging. SEBI on Cr...
The Coming War Over Crypto Regulation
The Hardin Generating Station, a coal-fired power plant that also houses thousands of computers used … [+] in cryptocurrency “mining,” is seen on April 20, 2022, in Hardin, Montana. ...
Senators Introduce Bill to Completely Overhaul U.S. Crypto Regulation
Key Takeaways Senators Cynthia Lummis and Kirsten Gillibrand have unveiled their bipartisan crypto bill. Dubbed the Responsible Financial Innovation Act, the bill aims to settle the most consequential...
Europe More Likely to Head Into Recession Than US – Regulation Bitcoin News
Citigroup CEO Jane Fraser warns that a recession is more likely in Europe than in the U.S. Nonetheless, she stressed that it is not easy for the U.S. to avoid a recession. Citigroup’s CEO on Global Re...
Lawsuit Claims US Labor Department’s Crypto Guidance Is Unlawful – Regulation Bitcoin News
The U.S. Department of Labor has been sued by a 401(k) plan administrator over its cryptocurrency guidance. “This lawsuit seeks to preserve the rights of American investors to choose how to invest mon...
Antsy Lithuania to Create Its Own Crypto Regulation Framework
With the increasing number of crypto-asset services providers (CASPs) in the EU, institutions of the European Union are called for accelerating the process of finalizing the Regulation on Markets in C...
105 Countries Are Exploring Central Bank Digital Currencies, CBDC Tracker Shows – Regulation Bitcoin News
There are now 105 countries that are exploring central bank digital currencies (CBDCs). Among them, 50 countries are in an advanced phase of digital currency exploration (development, pilot, or launch...
Nigerian Blockchain and Crypto Association Introduces a Code of Conduct for VASPs – Regulation Bitcoin News
The Nigerian blockchain and crypto advocacy group, the Stakeholders in Blockchain Technology Association in Nigeria (SIBAN) recently announced the introduction of a code of conduct for Nigerian virtua...
SEC Launches Game-Show Campaign to Educate Investors in ‘a Playful Way’ – Crypto Included – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has launched a game-show campaign to help investors make informed decisions “in a playful way.” One of the contestants in the game show chose to liste...
Uganda Central Bank Says It Is Open to Crypto Firms Participating in Regulatory Sandbox – Regulation Bitcoin News
The Bank of Uganda (BOU) has hinted that it is open to the idea of crypto firms participating in the regulatory sandbox. The central bank’s position follows its deliberations with a team from the Bloc...
Fed Governor Says Public Will Demand Crypto Regulation As ‘Intolerable’ Losses Mount
A top official at the U.S. Federal Reserve says the public will clamor for the regulation of the crypto markets as losses continue to pile up. In a new speech at the SNB-CIF Conference on Cryptoassets...
Localbitcoins User Pleads Guilty to Running Unlicensed Crypto Business — Faces Up to 5 Years in Prison – Regulation Bitcoin News
A cryptocurrency trader has been convicted in the U.S. for operating an unlicensed money-transmitting business using Localbitcoins and Paxful. He faces up to five years in federal prison and a possibl...
Regulation Won’t Let Us Engage in Crypto; Kiyosaki Talks Depression, Civil Unrest, and More — Bitcoin.com News Week in Review – The Weekly Bitcoin News
The new LUNA records gains amidst controversy, “Big Short” investor Michael Burry and author Robert Kiyosaki weigh in on recession, depression, and looming civil unrest. To top it all off, Bank of Ame...
Bermuda Courts Crypto Companies With Advanced Regulation
Bermuda is positioning itself as a destination of choice for cryptocurrency companies with a comprehensive regulatory framework despite broader economic turmoil and major crypto sell-offs. Bermuda, on...
Losses can become morally intolerable, pushes for regulation
The Federal Reserve Governor Christopher Waller has warned that if crypto investors continue making losses on a large scale, the situation could become morally intolerable. Speaking during the SNB-CI...
Fed governor explains who needs crypto regulation and why demand for it is growing
Regulation is needed to open the crypto ecosystem to a larger public, United States Federal Reserve Board Governor Christopher Waller told an audience at the SNB-CIF Conference on Cryptoassets and Fin...
Central Bank Digital Currencies Could Kill Cryptocurrencies – Regulation Bitcoin News
Reserve Bank of India (RBI) Deputy Governor T. Rabi Sankar says central bank digital currencies could “kill whatever little case there could be” for cryptocurrencies, like bitcoin and ether. RBI’s Dep...
Japan Adopts Legislation Establishing Legal Framework for Stablecoins – Regulation Bitcoin News
The parliament of Japan has approved a draft law tailored to regulate stablecoins in the country and protect investors. The new legislation is among the first to be introduced after the recent collaps...
Japan Parliament Passes Bill Introducing Legal Framework around Stablecoin Regulation
The Stablecoin bill passed by Japanese lawmakers is bound to take effect 12 months from now, and irrespective of these delays, the bill will still make the Asian giant the first to pioneer this area o...
Biden open to canceling $10,000 in student loans per borrower — what that means for your budget, credit score and tax bill
If $10,000 vanishes from your student debt, you may want to celebrate. This is a question millions of student loan holders may be facing soon if President Joe Biden proceeds with a controversial plan ...
‘I’d love to be married now. I would love to be a dad by now. I’d love to have a home by now’: The winners and losers in Biden’s plan to cancel $10,000 in student-loan debt
The Biden administration is planning to cancel $10,000 in student-loan debt for borrowers earning below a specific income threshold. But for borrowers like Johnathan Perkins, 36, the amount of debt fo...
Central Bank of Armenia Urged to Regulate Cryptocurrencies – Regulation Bitcoin News
Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial sector insist that the...
Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters – Regulation Bitcoin News
The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said d...
South Africa Charges Former Monero Lead Developer With 378 Counts of Fraud and Forgery – Regulation Bitcoin News
Former Monero lead maintainer, Riccardo Spagni, faces over 370 counts of fraud, forgery, and uttering. The charges against the developer stem from fraudulent activities he allegedly committed when he ...
NY Attorney General Warns About Investing in Crypto Market — Says It’s Extremely Unpredictable, Unstable – Regulation Bitcoin News
New York Attorney General Letitia James has issued a warning about investing in cryptocurrency. She said the crypto market is “extremely unpredictable” and “unstable,” noting that the market “reached ...
US Arrests Former Employee of Opensea NFT Marketplace in ‘First-Ever Digital Asset Insider Trading Scheme’ – Regulation Bitcoin News
The U.S. Department of Justice (DOJ) has indicted an employee of non-fungible token (NFT) marketplace Opensea in what the department called the “first-ever digital asset insider trading scheme.” DOJ I...