SEC Chairman Gary Gensler Evelyn Hockstein-Pool/Getty Images Text size The world’s largest Bitcoin fund is trading at 73 cents on the dollar. That may look like a bargain if you want crypto in your po...
Tag: Regulation
European ‘MiCA’ regulation on digital assets: Where do we stand?
The proposed European Union Regulation on Markets in Crypto Assets, or MiCA, (hereinafter the “regulation”) was put to a vote in the European Union Parliament’s Committee on Economic and Monetary Affa...
France is considering raising its retirement age to 65
French workers may see their legal retirement age jump from 62 to 65 if President Emmanuel Macron gets his way. Macron, who is running for reelection, said the move is a natural progression. “We are ...
Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX – Regulation Bitcoin News
Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when Dubai approved its first law to regulate crypto assets. D...
US Senators Introduce Crypto Sanctions Bill — Expert Says It’s Overbroad, Unconstitutional – Regulation Bitcoin News
U.S. Senator Elizabeth Warren and 10 other lawmakers have introduced the “Digital Asset Sanctions Compliance Enhancement Act of 2022.” The bill “would place sweeping restrictions on persons who build,...
Ukraine, cryptocurrency regulation law signed
In Ukraine, President Volodymyr Zelensky has just signed a law legalizing virtual assets, including cryptocurrencies. The cryptocurrency law in Ukraine As explained in the official note, the law had b...
EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers – Regulation Bitcoin News
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed. ...
8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation – Regulation Bitcoin News
Eight U.S. lawmakers have sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC) regarding how the agency collects information from crypto companies. According to the crypt...
Crypto Assets Can Help Russia Return to Global Financial Market, Lawmaker Says – Regulation Bitcoin News
Digital financial assets like cryptocurrencies can help Russia to reach the global financial market despite western sanctions, a lawmaker working on crypto regulations has stated. The official believe...
China Gives Alibaba, Other Stocks a Lifeline. Can It Last?
Text size China said it would roll out market-friendly policies to help boost the stock market. Peter Parks/AFP via Getty Images With a handful of vague comments about rolling out market-friendly poli...
President Zelenskyy Signs Ukraine’s Law ‘On Virtual Assets’ – Regulation Bitcoin News
President Volodymyr Zelenskyy has signed the law “On Virtual Assets” which aims to regulate the crypto market in Ukraine. The approval comes as his country is increasingly relying on cryptocurrency do...
Democrat division over crypto isn’t all bad news for regulation
The Biden Administration has just passed an executive order furthering research into crypto assets in view of regulating them, but politicians within the ruling Democrat party remain deeply divided on...
Most Prominent Crypto Regulation Cases in 2021–2022
HodlX Guest Post Submit Your Post There is a noticeable shift in the global economy toward digital currencies. They present a great alternative to its fiat counterparts because they are transparent...
Indian Government Says Central Bank Has No Plan to Issue Cryptocurrency – Regulation Bitcoin News
The Indian government has told parliament that it does not have a plan to issue cryptocurrency to be regulated by the central bank, the Reserve Bank of India (RBI). The government also clarified that ...
US Justice Department Returns Stolen Bitcoin to Victim of Government Imposter Scam – Regulation Bitcoin News
The U.S. Justice Department has seized bitcoin stolen from an elderly man in a government imposter scam and will be returning the cryptocurrency to him. “The fraudsters deceived the victim into believ...
Argentina plans to tighten regulation of crypto firms
Argentina is looking to include cryptocurrency companies in their anti-money laundering regulations according to local reports. The Buenos Aires Times cited a source that revealed Argentina’s Unidad d...
Ukraine president Zelensky signs crypto regulation law
advertisement Ukrainian president Volodymyr Zelensky signed a law “on virtual assets” on Tuesday, bringing the crypto “out of the shadows” and legalizing it. The new law appoints the agencies that wil...
Chinese Stocks Roar As Regulation Fears Ease
Chinese stocks surged Wednesday to their best day since 2008 as government officials signaled their regulatory crackdown could end soon. X Alibaba (BABA), JD.com (JD), Baidu (BIDU) and other Chinese s...
Alibaba, JD.com and Other China Stocks Soar. Here’s What Sparked the Turnaround.
Text size Shares in Alibaba and other Chinese companies have come under intense pressure recently. Greg Baker/AFP via Getty Images Shares in some of China’s largest companies notched eye-watering gain...
Binance Now Fully Licensed by Central Bank of Bahrain to Offer Crypto Services – Regulation Bitcoin News
Cryptocurrency exchange Binance has announced that it has received a full license from the Central Bank of Bahrain. “The crypto asset license will allow Binance to provide crypto-asset trading, custod...
NCA wants regulation for coin mixers, but the crypto industry is already one step ahead
The United Kingdom’s National Crime Agency (NCA) seeks to regulate the crypto coin mixers under the country’s laws against money laundering. Coin mixing tools are popular in the decentrali...
EU Passes Historic Crypto Regulation, Seeks To Protect Consumers In The Market
On Monday, the much-anticipated Markets in Crypto Assets Regulation (MiCA) bill was enacted. It will concentrate on a coordinated strategy to crypto by all EU members. Because of its significant power...
Bitcoin Below $39K After EU Vote on Crypto Regulation
Bitcoin (BTC) was little changed Monday after a proposal that could have effectively banned bitcoin across the European Union (EU) was rejected. The Markets in Crypto Assets (MiCA), the most comprehen...
Better Business Bureau Warns About Cryptocurrency — BBB Ranks Crypto Scams Second Riskiest – Regulation Bitcoin News
The U.S. Better Business Bureau (BBB) says cryptocurrency scams have become the second riskiest. In addition, the organization noted that “Payment made via cryptocurrency that resulted in a monetary l...
Japan Asks Crypto Exchanges to Comply With Sanctions Restrictions — Penalty Includes 3 Years in Prison – Regulation Bitcoin News
Japan’s top financial regulator has asked cryptocurrency exchanges in the country not to process transactions subject to asset-freeze sanctions. The penalty for unauthorized payments to sanctioned per...
EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets – Regulation Bitcoin News
European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An alternative proposal on crypto assets by Euro...
Tencent Stock Sinks on Report of Record Money-Laundering Fine
Text size Tencent headquarters in the southern Chinese city of Shenzhen, in Guangdong province. Noel Celis/AFP via Getty Images Tencent Holdings dropped almost 10% after The Wall Street Journal report...
MiCA Amendments Proposed Last Minute Revive Threat of EU Ban on Bitcoin, Report Reveals – Regulation Bitcoin News
Changes to the EU’s MiCA proposal to regulate crypto markets, suggested shortly before a vote on the package, indicate a bitcoin ban is still a possibility. Despite recently removing wording that woul...