The Group of Seven (G7) countries issued a joint statement stating that they “will ensure that the Russian state and elites, proxies and oligarchs cannot leverage digital assets as a means of evading ...
Tag: Regulation
Cryptocurrency Can Bring Growth to American Economy if Properly Regulated – Regulation Bitcoin News
U.S. Senator Cory Booker sees cryptocurrency as “an exciting innovation with the potential to bring growth to the American economy if properly nurtured and regulated.” The senator from New Jersey is e...
DOJ Task Force ‘KleptoCapture’ to Target Crypto Exchanges in Sanctions Evasion Crackdown – Regulation Bitcoin News
A new task force set up by the U.S. Department of Justice (DOJ), KleptoCapture, will also target cryptocurrency exchanges. Financial institutions, banks, money transmission services, and crypto exchan...
Upcoming AML Regulations in Estonia to Affect Cryptocurrency Industry – Regulation Bitcoin News
Estonia is preparing to enforce a set of new anti-money laundering rules that will stiffen requirements for crypto companies operating under Estonian license. The changes come amid concerns that Russi...
Chinese Stocks Plunge After SEC Stokes Delisting Concerns
A further step by the Securities and Exchange Commission toward forcing companies from China off American exchanges helped trigger the worst decline in U.S.-listed Chinese stocks since the global fina...
Canadian Police Seize Bitcoin Worth $28 Million From Former Government Employee in Ransomware Case – Regulation Bitcoin News
Canada’s police have seized bitcoin worth more than $28 million from a former government employee who has been extradited to the U.S. to “face charges for dozens of ransomware attacks resulting in the...
US Treasury Launching Cryptocurrency Awareness Program – Regulation Bitcoin News
The U.S. Department of the Treasury is launching a cryptocurrency awareness program. “We’re just trying to raise awareness without trying to stamp out new technology and new innovation,” said an offic...
Biden Slated to Implement New Crypto Regulation
Joe Biden is slated to sign an executive order on cryptocurrency sometime this week. The executive order will be directed towards the regulation and trading of digital currency. Joe Biden Seeks Furthe...
The Hidden Lebron James NFT Drop You Probably Missed In This Year’s Super Bowl Commercial (And Why It Might Be Problematic)
Two days ago—nearly a month after Crypto.com aired their “Moment of Truth” ad featuring Lebron James advising his younger self during the Super Bowl—the company revealed that 5,550 exclusive NFTs had ...
South Korea Elects Crypto-Friendly President Who Vows to Deregulate Digital Asset Industry – Regulation Bitcoin News
South Korean voters have elected a crypto-friendly president. Yoon Suk-yeol of the conservative People Power Party has vowed to deregulate the crypto industry and introduce favorable tax laws for cryp...
How Europe’s new AML regulation will affect crypto
According to recent media reports, six European countries, led by Germany, are working on launching an Anti-Money Laundering (AML) body that will include the cryptocurrency market in its purview. Deta...
Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector – Regulation Bitcoin News
Dubai has adopted its first law to regulate the crypto sector. It has also established a dedicated regulator to oversee crypto activities and related service providers. Crypto Sector Regulated in Duba...
BMW Hit by News That Could Slow Its Efforts Against Tesla
BMW (BMW) just got a bit of bad news, and it couldn’t have happened at a worse time. The German luxury-vehicle manufacturer is, like all players in the industry, racing to offer electric cars...
Crypto Industry Could Benefit From Biden’s Executive Order, Regulations Provide Legitimacy – Regulation Bitcoin News
A Cornell University economics professor says that President Joe Biden’s executive order on the regulation of cryptocurrency could benefit the industry. “Ultimately what these sorts of regulations pro...
President Biden Issues Much Awaited Executive Order On Crypto Regulation
President Biden has signed the much-awaited executive order on crypto regulation. This has prompted a wide reaction from regulators and top players in the industry. The executive order is aimed at sec...
Crypto Regulation Is Finally Starting To Catch Up To Market Innovation
Regulation is rarely celebrated by any market sector, nor the investors in those sectors, but the news that an Executive Order pertaining to cryptoassets was to be signed was greeted enthusiastically ...
Australian Senator Andrew Bragg During Sydney’s NFT Exhibition Says Crypto Regulation Not Speedy, NFTs Inadvertently Taxed
Senator Andrew Bragg of the Liberal Party stated NFTs gave a platform for geographically remote artists to digitally engage with audiences when speaking at Sydney’s first 3D NFT Art display. To avoid ...
Dubai adopts its crypto regulation
On the day that the US issued its executive order on cryptocurrencies, Dubai has also made a move by issuing a crypto regulation that embraces the sector. Dubai’s crypto regulation The announcement c...
Estonian Prime Minister Calls for Restriction of Cryptocurrencies – Regulation Bitcoin News
The Prime Minister of Estonia has said cryptocurrencies must be restricted in order to address loopholes that may be used by sanctioned Russian entities to evade the punitive measures. In addition, th...
Bill Regarding Stablecoins Regulation Within US Territory To Introduce By The End Of This Month
An unknown source reported to Blockworks that a bill concerning stablecoins regulation within the territory of the U.S could be introduced by the end of the month. In February, an early draft of the b...
Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’ – Regulation Bitcoin News
The regulatory arm of the United Arab Emirates (UAE)’s special economic zone, the Dubai International Financial Centre (DIFC), has unveiled a consultation paper outlining its proposed regulatory regim...
Regulator Says UAE ‘Closer to Issuing the Regulatory and Supervisory Framework’ for VASPs – Regulation Bitcoin News
The United Arab Emirates (UAE) is getting closer to issuing a regulatory and supervisory framework that will govern the country’s virtual asset industry, the Securities and Commodities Authority (SCA)...
Janet Yellen Inadvertently Reveals Content of Biden’s Crypto Order
Treasury Secretary Janet Yellen on Wednesday praised President Joe Biden’s “historic” executive order on cryptocurrency. Among other things, Biden’s order directs Treasury and ...
Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good as We Could Ask’ – Regulation Bitcoin News
Many people in the crypto industry welcome President Joe Biden’s executive order on crypto. A crypto regulatory expert says, “It’s about as good as we could ask.” Another sees the order as the federal...
Softer-than-expected crypto regulation and stocks’ rebound position Bitcoin for a $42K close
Bitcoin (BTC) bulls jumped in to defend the $40,000 level after a devastating retest of the $38,000 support on March 7. The confidence and momentum that was building up earlier in the month was sudden...
Is Crypto Regulation Necessary? Analysts Weigh In
Crypto regulation has long been a rather controversial topic. Traders and analysts everywhere seem to be split right down the middle on it. How Necessary Is Regulation? Some of the experts out there b...
Dubai creates agency for virtual asset regulation
Dubai unveiled a new agency tasked with virtual asset regulation on Wednesday as its leadership looks to solidify the city’s position in the emerging global digital economy. The Dubai Virtual Asset Re...
Biden Signs Executive Order Establishing National Crypto Policy Across 6 Key Priorities – Regulation Bitcoin News
U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive ...
Yellen: new crypto regulation is positive
News broke last night that US Treasury Secretary Janet Yellen had advanced some positive information about new crypto regulation. Crypto regulation, Janet Yellen’s press release It all started with a...