I am a California resident. My husband and I own a 1,800-square-foot home that we bought in 2019 for $1.5 million. We have between 40% and 50% equity in the property due to a large down payment. We li...
Tag: Regulation
Trudeau Invokes Emergencies Act to End Freedom Convoy Protests — Canada’s Terrorist Financing Rules Now Cover Crypto – Regulation Bitcoin News
The Canadian government has invoked the Emergencies Act to deal with the Freedom Convoy protests, said Prime Minister Justin Trudeau. The scope of Canada’s anti-money laundering and terrorist financin...
Banning Crypto Is ‘Most Advisable’ for India, Regulation Is ‘Futile’ – Regulation Bitcoin News
A deputy governor of India’s central bank, the Reserve Bank of India (RBI), likens cryptocurrencies to Ponzi schemes, emphasizing that they cannot be regulated. “It would be futile to regulate cryptoc...
US lawmaker debuts draft of federal stablecoin regulation bill
A discussion draft of federal stablecoin legislation has been released by a member of Congress, a move that comes the morning of a hearing on the subject in the US Senate. According to an announcement...
MTI Liquidators Reject Claim Peddled by Opponents, Insist the Entity ‘Was a Massive Fraudulent Scam’ – Regulation Bitcoin News
Liquidators of Mirror Trading International (MTI) have attacked the claim that declaring the collapsed bitcoin investment platform an unlawful scheme would jeopardize investors’ chances of recovering ...
UK Seizes First NFTs in $2 Million Fraud Crackdown — Arrests 3 People – Regulation Bitcoin News
The U.K.’s. HM Revenue & Customs (HMRC) has made its first non-fungible token (NFT) seizure. British authorities also seized some crypto and arrested three people in a fraud case involving 250 all...
ECB Chief Lagarde Says Digital Euro Will Not Replace Cash — But Could Offer Convenient, Cost-Free Means of Payment – Regulation Bitcoin News
The president of the European Central Bank (ECB), Christine Lagarde, says that a digital euro will not replace cash but would complement it. “A digital euro would give you an additional choice about h...
Crypto Lending Platform Charged — Blockfi Agrees to Pay $100 Million in Penalties – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has charged cryptocurrency lending platform Blockfi in a first-of-its-kind action. The crypto lender has agreed to pay $100 million to settle the char...
Indian Government Consulting With Central Bank RBI on Crypto — ‘There Is Complete Harmony’ – Regulation Bitcoin News
The Indian government is consulting with the Reserve Bank of India (RBI) on crypto policies. According to the finance minister, the government and the central bank are in “complete harmony” on crypto ...
Crypto Is No Match for Well-Designed Central Bank Digital Currencies – Regulation Bitcoin News
The managing director of the International Monetary Fund (IMF), Kristalina Georgieva, says that crypto assets and stablecoins are no match for well-designed central bank digital currencies (CBDCs). “I...
NH Governor Signs Executive Order to Bring ‘Regulatory Certainty’ to Cryptocurrency Industry – Regulation Bitcoin News
The governor of the U.S. state of New Hampshire has signed an executive order establishing a commission on cryptocurrencies and digital assets. “Federal and state governments must work to bring legal ...
Indian Parliament Member Clarifies Legal Status of Cryptocurrency – Regulation Bitcoin News
Cryptocurrency is currently a gray area in India. It is neither legal nor illegal. A parliament member, India’s finance secretary, and the minister of finance have recently clarified the legal status ...
Russian Regulators Find Common Ground — Bitcoin Can’t Be Used for Payments – Regulation Bitcoin News
Russian authorities are yet to reach full consensus on the future of cryptocurrencies but government institutions are on the same side of the fence in their intention to ban bitcoin payments. Other op...
FTC Warns of Romance Scams Luring People Into Bogus Cryptocurrency Investments – Regulation Bitcoin News
The U.S. Federal Trade Commission (FTC) has warned about romance scams using cryptocurrency. Scammers use romance as a hook to lure people into bogus investments, especially crypto, the federal agency...
Spain Modifies Tax Model 720, Used to Declare Cryptocurrency Holdings Abroad – Regulation Bitcoin News
The Spanish parliament has introduced an amendment to the tax model 720 used to declare cryptocurrency and other holdings abroad, softening some of the penalties associated with it. The modification, ...
SEC Chairman- “SEC Is Working With CFTC On Crypto Regulation”
The Commodity Futures Trading Commission (CFTC) has stated that it should be the primary body in charge of overseeing cryptocurrencies. According to Gensler, he and his staff are working to safeguard ...
South Korea Jails Seven Masterminds of Country’s ‘Largest Crypto Fraud Scheme’ – Regulation Bitcoin News
Seven executives of the collapsed South Korean scam cryptocurrency exchange, V Global, were recently handed lengthy jail sentences as punishment for their role in running one of the country’s biggest ...
Bloomberg Outlines Bullish Catalysts For US Spot Bitcoin ETF Approval And Crypto Regulation ⋆ ZyCrypto
Advertisement     Key Takeaways Despite the SEC delaying ETFs, Bloomberg analysts see room for more adoption in the coming months. More Crypto adoption is also expect...
Canadian Lawmaker Introduces Bill to Encourage Crypto Sector Growth – Regulation Bitcoin News
A bill has been introduced in Canada to encourage the growth of the crypto sector. “Canada should be attracting billions of dollars in investment in the fast growing crypto asset industry. Today I int...
SEC Working With CFTC on Crypto Regulation, Says Chairman Gensler – Regulation Bitcoin News
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the Commodity Futures Trading Commission (CFTC) on crypto regulation. In ...
India Won’t Legalize or Ban Crypto at This Stage, Finance Minister Confirms – Regulation Bitcoin News
India’s finance minister has revealed the current status of crypto policy in India, including whether crypto will be legalized or banned in the country. The question surrounding the legitimacy of cryp...
Global Regulators ‘Going Full Steam’ on Crypto — Official Says ‘Current Structure Is No Longer Fit for the Purpose’ – Regulation Bitcoin News
Global regulators are “going full steam” on cryptocurrency regulation. “The current structure is no longer fit for the purpose with the development of cross-border digital market activities,” said the...
Despite Stringent Crypto Regulation, Crypto Investments In Singapore Jumped 13x In 2021
In 2021, investments in Singapore’s fintech sector increased by 47% year on year to $3.94 billion. Nearly half of the funds were raised through blockchain and cryptocurrency, with $1.48 billion raised...
Cryptocurrency Is a Big Threat to Macroeconomic and Financial Stability in India – Regulation Bitcoin News
The governor of India’s central bank, the Reserve Bank of India (RBI), has reiterated his concerns that cryptocurrency is a “big threat” to the country’s financial and macroeconomic stability. He also...
Regulation, education and cash buy frustration
Jimmy Chambrade and Aurore Galves Orjol, co-founders of Bitcoin-lyon, first heard about Bitcoin (BTC) in 2014. Around that time, their close friend and now business partner, Bruce, mined Bitcoin using...
Regulation By Enforcement And Crypto Assets
Crypto businesses are worried about SEC’s recent plans to expand oversight to digital assets, which might currently trade outside its supervision. This concern also results from the fact that regulato...
Give More Clarity on Crypto Regulation, SBF Urges CFTC
Key Takeaways Members of the Senate met to discuss “risks, regulation, and innovation” of digital assets today. FTX CEO Sam Bankman-Fried appeared to say that the CFTC needs to provide mor...
Tesla Finally Gets a Mention as Biden Talks Up Electric Vehicles
Text size President Joe Biden spoke in Washington, D.C., on Tuesday. Brendan Smialowski/AFP/Getty Images President Joe Biden just publicly said the T-word— Tesla —seeming to extend an olive branch to ...
Crypto regulation would help Russia generate $13M per year
Crypto regulation around the world are getting more stringent. As the industry is getting more mainstream, several governments see crypto assets as a threat to their governing power. Although several ...
Indian Government ‘Constantly Monitoring’ Crypto Sector, Says Finance Minister – Regulation Bitcoin News
India’s finance minister, Nirmala Sitharaman, has reportedly revealed that the government is “constantly monitoring” and “watching the crypto sector.” Referring to her budget speech, she noted that cr...