The European Central Bank’s president, Christine Lagarde, has called on policymakers and legislative experts to form and approve a regulatory framework on crypto for its jurisdiction and member ...
Tag: Regulation
ECB Says Crypto Regulation Will Be The End Of Putin As Fears Persist On Russia Using Bitcoin To Bypass Penalties ⋆ ZyCrypto
Advertisement     The ECB president has increased calls for crypto regulation approval. As fears persist that Russia may turn to crypto, Lagarde hopes to block them of...
EBC: Crypto regulation will stop Putin
Authorities are concerned that Russia would exploit digital assets to circumvent the sanctions placed on them. According to some analysts, Russia may be aiming to become the world’s second-largest min...
ECB President Urges Rigorous Crypto Regulation In The Wake Of Russian Sanctions
The ongoing war in Ukraine following the Russian invasion has given rise to increased calls to set up a global crypto regulatory framework. Already, the IMF, Bank of England, and even the Indian Prime...
US Charges Indian Citizen in $3.4 Billion Crypto Ponzi Scheme Bitconnect – Regulation Bitcoin News
The founder of the $3.4 billion crypto Ponzi scheme Bitconnect has been charged in the United States. “If convicted of all counts, he faces a maximum total penalty of 70 years in prison,” said the U.S...
Analysts Warn of Regulatory Risks if Russia Is Able to Use Crypto to Evade Sanctions – Regulation Bitcoin News
Russia could turn to cryptocurrency if it is banned from the SWIFT payments system. Analysts have warned that if Russia is able to use crypto to evade sanctions, “political support in the U.S. for cry...
European Parliament to Cancel Vote on Crypto Assets Framework – Regulation Bitcoin News
The European Parliament will not hold a planned vote on crypto regulations after texts that can be interpreted as an attempt to ban coins with energy-intensive mining sparked negative reactions. The l...
Warren Buffett: Berkshire Hathaway Paid 1% of All U.S. Corporate Tax Receipts
Berkshire Hathaway has the largest amount of domestic infrastructure assets of any American company and paid $3.3 billion in federal taxes in 2021—or nearly 1% of all corporate tax receipts—CEO Warren...
Covid-19 Vaccine Makers Face a New Rival as GlaxoSmithKline and Sanofi Prepare to Enter the Ring
As new Covid-19 cases fall, the postpandemic vaccine market grows more interesting. On Wednesday, GlaxoSmithKline and Sanofi, two of the world’s largest vaccine makers, said they would submit a Covid ...
Russia: ECB President Calls for Crypto Regulation to Prevent Sanction Evasion
As crypto adoption continues to rise globally, the implication of this is that its use gets to shape global affairs in the comity of states. In the latest of such scenarios, the ongoing global crisis...
Amendments to Relevant Laws to Be Finalized in 2022 – Regulation Bitcoin News
The South African Treasury says it expects the amendments to the country’s financial laws — that will see crypto asset service providers being included as accountable institutions — to be finalized in...
Proposed LIFE Act Would Boost Annuities’ Role in Retirement Plans
The passage of the Secure Act in 2019 has led to some dramatic shifts in retirement plans. Of particular note, the law allowed for annuities providing guaranteed lifetime income to be incorporated int...
Crypto Exchange Bitmex’s Founders Plead Guilty to Bank Secrecy Act Violations – Regulation Bitcoin News
The founders of cryptocurrency derivatives exchange Bitmex, Arthur Hayes and Benjamin Delo, have pled guilty to violations of the U.S. Bank Secrecy Act. “As a result of its willful failure to implemen...
ECB president calls for crypto regulation in response to Russia potentially evading sanctions
Christine Lagarde, president of the European Central Bank (ECB), has called on lawmakers to approve a regulatory framework on crypto, hinting at potentially preventing Russia from getting around econo...
EU Regulator Ties Up Crypto Regulation Vote Over Proof-of-Work Ban
Key Takeaways European Parliament member Stefan Berger has canceled a vote scheduled for Monday on crypto regulation. The provision, called the Markets in Crypto-assets proposal, apparently contained ...
EU Parliament delays vote on crypto regulation after backlash on anti proof-of-work stance
The European Parliament decided to delay its vote on the draft of the Markets in Crypto Assets framework indefinitely after receiving backlash from the public over one of the provisions. The vote was ...
Central Bank of Argentina Prepares New Regulations for Digital Wallets – Regulation Bitcoin News
The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed at stoppin...
India Unveils Guidelines for Crypto Advertising – Regulation Bitcoin News
The Advertising Standards Council of India has released guidelines for the advertising and promotion of crypto assets and related services. “We had several rounds of discussion with the government, fi...
US Secret Service Launches Crypto Awareness Hub to Educate the Public on Digital Asset Security – Regulation Bitcoin News
The U.S. Secret Service has launched a cryptocurrency awareness hub. The new platform “will feature the latest in the agency’s work combating illicit use of digital assets as well as provide public aw...
Alibaba’s Earnings Are Today. What to Expect.
Text size Alibaba investors had it tough in 2021. So far, 2022 is shaping up to be better. Greg Baker/AFP via Getty Images Earnings from Alibaba will be closely watched by investors after a tumultuou...
Senator Rand Paul Warns the US Has Similar Statutes to Emergencies Act in Canada – Regulation Bitcoin News
U.S. Senator Rand Paul says “statutes that allow presidents or heads of state to invoke emergencies are very, very dangerous.” Commenting on Canada’s Emergencies Act invoked by the Trudeau government,...
EU Members Want to Task New AML Watchdog With Crypto Oversight, Report Unveils – Regulation Bitcoin News
A group of EU nations have reportedly been lobbying to entrust oversight of the crypto space to a new anti-money laundering (AML) agency. Behind the move are concerns that companies dealing with digit...
Brazil’s Crypto Regulation Bill Gearing Up for a Vote in Senate
Brazil’s crypto regulation bill has passed a crucial legislative stage in Senate, where it’s now slated for voting. The development came on February 22 when the Senate’s Economic Affairs Committee una...
Brazilian Senate Committee on Economic Affairs Approves Crypto Regulation Bill
Crypto regulation on Brazilian soil gained steam after the senate’s economic affairs committee approved a bill, highlighting the ground rules and day-to-day usage of digital currency funds. The commit...
Brazil’s Crypto Regulation Bill Slated For Senate Vote
Brazil’s Senate has taken a first step in the country’s bid to regulate its domestic cryptocurrency market. A bill that aims to create a framework that would ground oversight on cryptocurr...
Experts: Russia’s new crypto regulation proposals are a ‘circus,’ still ‘essentially a total ban’
It looks like no matter how hard they try, Russian legislators are unable to tackle the topic of cryptocurrency regulation without near-banning digital assets. Further, some recent developments have s...
Grayscale Investments Asks Investors to Help Convince SEC to Approve Bitcoin Spot ETF – Regulation Bitcoin News
Grayscale Investments, the world’s largest digital asset manager, has launched a campaign aimed at convincing the U.S. Securities and Exchange Commission (SEC) to approve its bitcoin spot exchange-tra...
Russia’s Finance Ministry Submits Bill to Legalize Crypto Investments, Ban Payments – Regulation Bitcoin News
Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrenci...
Banks Are Looking Forward to DeFi Ahead of Regulation
Banks are not keen to wait for changing regulations before launching decentralized finance products to take advantage of cost savings. According to Sudhir Pai, Capgemini’s chief technology and innovat...
NFT Regulation: Who profits, who loses, and how to protect your rares
NFTs have brought significant monetization potential to the crypto-verse and allowed creators to get more value for their work. However, they have been getting a lot of flak lately as lawmakers mull ...
Semiconductor sales to Russia banned, but that shouldn’t hurt Intel, AMD and other chip makers
Semiconductor companies are banning sales to Russia following the company’s invasion of Ukraine, but an analyst says the companies shouldn’t feel much of an effect. As Russian forces continued to bomb...