A new Russian law may oblige potential crypto investors to take a test before being allowed to purchase digital assets over a certain limit. The authors are also hoping to regulate cryptocurrency mini...
Tag: Regulation
Russians Aware of Bitcoin Divided on Proposed Crypto Ban, Poll Finds – Regulation Bitcoin News
A new survey has indicated that Russians who have heard about cryptocurrency are deeply divided in their opinions on the recently suggested ban on operations with digital assets. A third of the respon...
A one-off or a new phase of global regulation?
Over the last week, regulators in three major jurisdictions across two continents introduced new rules governing cryptocurrency-related promotions and advertisements. Citing consumer risks associated ...
Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils – Regulation Bitcoin News
A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media reported. The document, which aims to regulate Russia’s crypto...
Nigerian Users Tell Binance ‘Stop Scamming’ — Exchange Platform Rejects Accusation – Regulation Bitcoin News
Some disgruntled Nigerian users of the cryptocurrency exchange Binance have launched a campaign to boycott the platform, which they accuse of freezing client accounts without valid reason. Accounts Bl...
Russia central bank prepares crypto regulation law
TL;DR Breakdown • Russian government plans to regulate cryptos and not ban them.• Crypto regulation in Russia will start in May 2022. Recently the central bank in Russia has joined crypto regulation i...
The IRS will stop sending out one type of taxpayer notice to try to cut down on aggravation this tax season
Trying to minimize aggravation during a tax-filing season that could have plenty of challenges, the Internal Revenue Service said it is pausing one of its notices that could ferment taxpayer frustrati...
The U.S. Is Looking to Have More Say in Crypto Regulation
The prices of the world’s major cryptocurrencies – including bitcoin and Ethereum – have crashed this week. Bitcoin, for example, has fallen below $33,000 per unit, while Ethereum is down to about $2,...
White House to pursue crypto regulation as a matter of national security
Under the leadership of US President Joe Biden, the White House is likely to release an executive order–assigning federal agencies to approach the cryptocurrency sector as a matter of national securit...
Is 2022 the year of crypto regulation?
Many newspapers have predicted that 2022 will be the year of regulation of cryptocurrencies and crypto assets in general. Classic publications such as Sole24ore, Il Fatto Quotidiano, but also blogs an...
Putin Wants Crypto Regulation In Russia Instead Of A Proposed Outright Ban
Putin says that a surplus of electricity and well-trained personnel give Russia a “competitive advantage” in crypto mining. Russian President Vladimir Putin seems to be on the side of the crypto commu...
Fed rate hikes are coming — how to tackle your savings, mortgage, car payments and credit-card debt in advance
Wall Street investors and Washington D.C. lawmakers are closely listening to what Federal Reserve Chairman Jerome Powell says Wednesday about the central bank’s next steps in its fight against decades...
First Putin, now Finance Ministry: No crypto ban, rather regulation is the way to go
Russian lawmakers and administration are locking horns over the fate of the country’s cryptocurrency sector, even as the threat of a blanket ban looms over its head. In the latest development, the Rus...
Opinion: ‘Easter Bunny cartoon cash’ — how Bill Maher called the Bitcoin crash
Young people were already feeling depressed about their future retirement prospects, according to polls. Still more following the collapse of all their cryptocurrency bets, one suspects. More than $1 ...
Biden Administration Sees Crypto Regulation as a Matter of National Security
Key Takeaways The Biden administration is set to order government agencies to propose crypto regulations within weeks. The order is intended to develop a regulatory framework as a matter of national s...
‘We See Mountains of Fraud in This Area’ – Regulation Bitcoin News
A special agent with the Internal Revenue Service (IRS) says the tax agency is “seeing mountains and mountains of fraud” in the cryptocurrency space. The IRS criminal investigation unit is trying to t...
Putin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential – Regulation Bitcoin News
President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a common position on their regulation. The Russian le...
US Unveils Bill Giving Treasury Secretary ‘Unchecked and Unilateral Power’ to Ban Crypto Transactions, Advocate Warns – Regulation Bitcoin News
A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organiz...
Russia’s Putin Calls for Unity Over Crypto Regulation Dispute
With Russian authorities having diverse views about the threats and opportunities associated with cryptocurrencies, president Vladimir Putin has called on the parties to reach a consensus regarding th...
Sunacrip Revokes Licenses Of Two Cryptocurrency Exchanges In Venezuela – Regulation Bitcoin News
Sunacrip, the Venezuelan cryptocurrency watchdog, has suspended the operating licenses of two exchanges for lack of compliance with current regulations. The announcement was made by Joselit Ramirez, s...
USA, no special regulation for cryptocurrencies
Congress, the Fed and the US administration have been talking about the need for new regulation for cryptocurrencies in the US for months now. US, cryptocurrency regulation needed In July, Fed Chairma...
US Sentences Bitcoin Seller to 1 Year in Jail for Defrauding Investors – Regulation Bitcoin News
A bitcoin seller has been sentenced to one year and one day in jail for defrauding customers, according to a notice by the U.S. Department of Justice (DOJ). The man took money from customers but did n...
Thailand’s Market Watchdogs Suggest Crypto Regulation to Avoid Threatening Financial Stability
With the year newly shaping up, more regulators are beginning to explore avenues to regulate the digital currency ecosystem. Accordingly, Thailand’s top regulators have issued a statement to regulate ...
Thailand Announces Cryptocurrency Will Be Regulated as Means of Payment – Regulation Bitcoin News
Thailand has announced that cryptocurrency will be regulated as a means of payment for goods and services “to avert potential impacts on the country’s financial stability and economic system.” The ann...
Belarus to Remain Crypto-Friendly as Ally Russia Mulls Blanket Ban – Regulation Bitcoin News
Authorities in Belarus have no intentions to adopt stricter rules for the country’s crypto space. That’s despite neighboring Russia, a close partner in many areas, considering a blanket ban on а numbe...
Indonesia’s Regulator Prohibits Financial Firms From Facilitating Crypto Trading – Regulation Bitcoin News
Indonesia’s Financial Services Authority (OJK) has prohibited financial firms from using, marketing, and/or facilitating crypto trading. The financial regulator also cautioned the public to always bew...
Florida’s Office of Financial Regulation Issues Warning About DeFi
Florida’s Office of Financial Regulation (OFR) has issued a warning about decentralized finance (DeFi) based companies that offer lending, banking and investment services. The OFR is cautioning the pu...
Moderna Faces Challenges Beyond the Covid Vaccine. Its Stock Is Still a Buy for the Long Term.
In 2019, four pharmaceutical giants shared virtually all of the $33 billion worth of vaccine revenue earned worldwide. The pandemic has upended the vaccine business. Moderna has sold or contracted to ...