A new research study conducted by ETHAX – a regulated and licensed crypto firm – suggests many adults are in favor of crypto regulation and aren’t looking to trade any bitcoin without proper protocols...
Tag: Regulation
Panama’s president disapproves of crypto regulation bill
Laurentino Cortizo, the president of Panama, stated he would not support the bill as drafted today, despite the fact that the National Assembly ratified it “I’m not going to sign that bill right now i...
Panama’s president not ready to endorse crypto regulation bill
Although Panama’s National Assembly passed a crypto asset regulation bill in late April, its president Laurentino Cortizo said he would not endorse it as written today. “If I’m going to answer you rig...
FCA Chairman Warns Against Rushed Regulation Following Plans to Make U.K. ‘Crypto Hub’
Charles Randell, chairman of U.K. watchdog the Financial Conduct Authority, has urged lawmakers to be cautious following an announcement last month to make the U.K. a “crypto hub.” Charles Randell, th...
Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says – Regulation Bitcoin News
President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their lif...
G7 countries call for tougher crypto regulation following Terra’s collapse
Finance ministers and central bank governors from the Group of Seven (G7) industrialized nations met in Germany on May 19 and 20. According to a report published by Reuters on May 19, the main topic w...
G7 Finance Leaders Call for Swift and Comprehensive Crypto Regulation – Regulation Bitcoin News
The G7 finance ministers and central bank governors have called for a swift and comprehensive regulation of crypto assets. The G7 decision followed the recent crypto market turmoil, including the coll...
Panic-Driven Crypto & Stablecoin Regulation Would Create Further Instability
In reaction to the volatile events of the last few weeks, both the stock and cryptocurrency markets have taken a deep dive. While this downturn is distressing to many, it has emboldened progressive po...
SEC Chair Gensler Warns a Lot of Crypto Tokens Will Fail Following LUNA, UST Collapse – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has warned that a lot of crypto tokens will fail and many crypto investors will get hurt following the collapse of terr...
Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations – Regulation Bitcoin News
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities ...
Congress Has Introduced 50 Digital Asset Bills Impacting Regulation, Blockchain, And CBDC Policy
The 118th Congress has reached a milestone of seeing 50 bills and resolutions that have been introduced so far which cover the crypto regulatory landscape in a variety of ways. The number of bills doe...
Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns – Regulation Bitcoin News
The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the National Assembly of the country in its current form. Cortizo stated ...
Australia’s Largest Bank Halts Crypto Trading Pilot, Says More Regulation Needed
Commonwealth Bank (CommBank), Australia’s largest bank, is putting a brake on the launch of its crypto trading service, with no firm timeframe to resume the project, The Guardian reported on Thursday....
Fed Vice Chair Pick and Ex-Ripple Adviser Tells Senators Crypto Needs Regulation
Michael Barr, a former Ripple adviser nominated by President Joe Biden to run the Federal Reserve’s oversight of the U.S. financial sector, sees cryptocurrency technology offering “some potential for ...
CFTC Chief Says Crypto Assets Will Be Divided Into Two Categories in Upcoming Regulation
Commodity Futures Trading Commission (CFTC) chair Rostin Behnam says cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) can be categorized as a security or a commodity for regulation purposes. In ...
Trade Minister Expects Russia to Legalize Cryptocurrency – Regulation Bitcoin News
Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as new crypto-related legislat...
A larger share of younger investors say they’re not afraid to buy the dip in the pursuit of long-term gains — but there’s one big caveat
The stock market is taking on a deepening red hue as steep sell-offs continue, but a new report says some younger retail investors are seeing red meat for ‘buys.’ Fewer than two in ten people, 18%, sa...
Bank of England’s Cunliffe Warns Crypto Will See Tough Times as Federal Reserve Tightens Financial Conditions – Regulation Bitcoin News
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned of hard times ahead for cryptocurrency investors as the Federal Reserve and other central banks tighten monetary...
G7 discusses crypto regulation – The Cryptonomist
This week, the G7 is expected to discuss crypto regulation, among other global issues. Crypto regulation becomes of interest to the G7 This was revealed by Reuters citing statements made by the Presi...
German BaFin official calls for ‘innovative’ EU-wide DeFi regulation
Birgit Rodolphe, executive director at Germany’s Federal Financial Supervisory Authority (BaFin), has called for innovative and uniform regulation of the decentralized finance (DeFi) space throughout ...
Terra’s Collapse Makes G7 Officials Discuss New Crypto Regulation This Week
Vladislav Sopov Head of French Central Bank shared with Reuters some details of the upcoming G7 meeting agenda Contents G7 meeting to discuss regulation in crypto UST drama might result in new restric...
BaFin executive proposes innovative DeFi regulation in Europe 1
BaFin, the agency charged with the supervision of financial activity across Germany, has called for establishing a direct and innovative DeFi regulation across Europe. The agency’s statement was reite...
South Korea Launches ‘Emergency’ Investigation Into Collapse of LUNA and UST – Regulation Bitcoin News
South Korea’s top financial regulators have launched an emergency investigation into the collapse of cryptocurrency LUNA and stablecoin UST. The authorities have asked domestic cryptocurrency exchange...
US congress research agency weighs in on UST crash, notes gaps in regulation
The Congressional Research Service (CRS), a legislative agency that supports the United States Congress, has published a document that contains a rundown on algorithmic stablecoins and points out key ...
SEC Chair Gensler Responds To Terra Crash, More Regulation Due?
SEC Chair Gary Gensler on Monday said the crypto market needs more regulation to protect investors from projects like Terra. Gensler blames crypto trading and crypto wallet platforms for not disclosin...
Indian Regulator SEBI Proposes Banning Public Figures From Endorsing Crypto Products – Regulation Bitcoin News
The Securities and Exchange Board of India (SEBI) has reportedly proposed banning public figures, including celebrities and sportsmen, from advertising and endorsing crypto products. The regulator als...
Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions – Regulation Bitcoin News
Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with th...
Boeing Could Face Another Test on 787. Investors Need ‘D’ for Deliveries.
Text size An American Airlines Boeing 787-9 Dreamliner. Joe Raedle/Getty Images Boeing investors could use a bit of good news, but they don’t seem to be getting any. The latest is the assertion that t...
Bitcoin ‘not going to take over as an alternative form of money’: Ben Bernanke
Ben Bernanke, former chairman of the Federal Reserve, said that he doesn’t think bitcoin would take over “as an alternative form of money.” Bitcoin BTCUSD, +0.50% and other cryptocurrencies have bee...
China ADSs are flying as fading regulatory headwinds send iQIYI, NIO and Alibaba stocks surging
The U.S.-listed shares of China-based companies, surged Tuesday, particularly in the internet sector, as an apparent reduction of regulatory scrutiny has emboldened Wall Street analysts and investors ...