The Moroccan central bank is currently holding talks with multilateral lending institutions and other central banks, centered on establishing cryptocurrency regulation best practices. Inevitable Adopt...
Tag: Regulation
Pot Stocks Surge As Marijuana Legalization Bill Nears House Vote
Updated at 9:55 am EST U.S.-listed cannabis stocks surged higher Friday following a report that suggested lawmakers could vote on legislation that would legalize the use of marijuana nationwide as ear...
Texas Survey Shows Why Oil Producers Aren’t Drilling More
Text size The Federal Reserve Bank of Dallas surveyed 141 oil and gas firms in the 11th Fed District, which includes Texas and parts of New Mexico and Louisiana. Spencer Platt/Getty Images Oil and gas...
South Korea steps up crypto regulation with FATF’s Travel Rule
TL;DR Breakdown The FATF Travel Rule will go into effect in South Korea today. The rule requires crypto companies to collect and share customer information of users sending or receiving crypto. The Tr...
US Senate Committee Advances Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender – Regulation Bitcoin News
The Senate bill to mitigate the risks from El Salvador adopting bitcoin as legal tender has advanced in the U.S. “As El Salvador has adopted bitcoin as legal tender, it’s critical we mitigate risks to...
Crypto regulation, Italy lags behind
In the crypto-economy world, which is constantly and precipitously evolving, Italy risks being left behind, while the rest of the world is moving quickly towards the creation of a crypto regulation ca...
Bank of England and regulators assess crypto regulation in raft of new reports
The Bank of England Financial Policy Committee and other U.K. regulators are assessing crypto regulation after publishing reports on financial stability relating to cryptoassets and decentralized fina...
Bank of England Calls for Stricter Global Regulation of Crypto Assets
According to Bloomberg, the Bank of England (BOE) intends to tighten regulation of cryptocurrencies for the global frameworks, preventing from harming its financial stability. The current size of the ...
Report: Bank of England is working on crypto regulation framework
The Bank of England (BoE), the United Kingdom’s central bank, has reportedly begun developing a new framework aimed at bringing cryptocurrencies and stablecoins into various existing regulatory fields...
Bank of England Forms New Crypto Regulation Approach
Arman Shirinyan The central bank of the country aims at creating regulatory framework for new class of assets The Bank of England announced the sketching of the country’s first regulatory framew...
Britain’s Central Bank Calls For Tougher Crypto Regulation
Britain’s central bank called on lawmakers to toughen regulations around cryptocurrencies, citing the potential for misuse of the technology in laundering money. In a summary of its March meetings, th...
Bank of England Says Crypto Assets ‘Present Financial Stability Risks,’ Bank Begins Sketching Regulatory Framework – Regulation Bitcoin News
The Bank of England has revealed that it is working on sketching a regulatory framework for crypto assets, according to statements stemming from the central bank’s Financial Policy Committee on Thursd...
BCH Dismisses All The Rumours Regarding The Bitcoin Regulation In Honduras
The Central Bank of Honduras addressed the rumours that the country is mirroring its neighbour, El Salvador, and adopting Bitcoin as a legal tender, labelling them false. The BCH released a statement...
Bank of England Calls for More Regulation as U.K. Crypto Firms Express Frustration With Current Rules
Key Takeaways The Bank of England’s Financial Policy Committee has called for additional regulations on the cryptocurrency industry. Meanwhile, many U.K. crypto firms are struggling to comply with exi...
Abu Dhabi Global Market Regulatory Arm Unveils Document Proposing Changes to Virtual Asset Regulations – Regulation Bitcoin News
The Financial Services Regulatory Authority (FSRA), a regulator in the United Arab Emirates (UAE)’s financial center and free zone, the Abu Dhabi Global Market (ADGM), has released a consultation pape...
Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System – Regulation Bitcoin News
The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the U.S. financial system and could destabilize existing financial institution...
Thailand Adopts Rules Restricting Cryptocurrency Payments From April – Regulation Bitcoin News
Regulators in Thailand have decided to limit the use of cryptocurrencies as a means of payment. The authorities consider the country’s current payment system efficient and insist cryptos would only br...
Pay Dues To Caesar And Get Licensed
Sam Bankman Fried, cofounder of FTX, photographed by Guerin Blask for Forbes in September 2021. … [+] Guerin Blask/Forbes Collection Guerin Blask/The Forbes Collection Following a rapid-fire s...
DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies – Regulation Bitcoin News
The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.” DBS’ CE...
UK Regulator Issues Crypto Ads Notice to 50 Firms — Says ‘This Is a Red Alert Priority’ – Regulation Bitcoin News
The U.K.’s advertising authority has sent an enforcement notice to more than 50 companies that advertise cryptocurrencies. “We will monitor for compliance and implement sanctions if we do not see impr...
China’s Big Tech Firms Are Axing Thousands of Workers
BEIJING—China’s biggest tech companies are conducting large-scale layoffs this year as they deal with an economic slowdown and Beijing’s regulatory pressure. Tencent Holdings Ltd. TCEHY -7.14% , opera...
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector – Regulation Bitcoin News
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space. The crypto sector is under the purview ...
Australia Aims To Modernize Country’s Financial System: Make Moves Towards Cryptocurrencies Regulation
The Herald Sun reports revealed that the Australian government is planning significant moves in regulating cryptocurrency with an aim to modernize the financial system of the country. The latest refo...
Australian senator proposes DAO regulation
TL;DR Breakdown Senator Andrew Bragg of Australia called for “prompt” legislation governing decentralized autonomous organizations (DAOs). The Digital Services Act (DSA) aims to regulate the cryptocur...
We Don’t See That Crypto Could Be Used in Large-Scale Way to Evade Sanctions – Regulation Bitcoin News
The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade sanctions. “Its share as a medium for illicit finance is not anywhere as large as just ...
After Crypto’s wild year- learn what is next: regulation and growth
There is a clear shift toward digital currencies in the global economy. They are a great alternative to fiat currencies since they are transparent, decentralized, and not controlled by any government....
China Made Pro-Market Promises. Here’s What Analysts Are Saying.
Text size Workers at a construction site in Hong Kong on March 18, 2022. Isaac Lawrence/AFP via Getty Images Headwinds had battered Chinese markets for months—Covid-19 outbreaks, U.S. delisting concer...