After a year of unprecedented failures, cryptocurrency insiders held out hope that 2023 would usher in a fresh start for the industry. Instead, the industry has found itself on the receiving end of a ...
Tag: regulations
Hong Kong Crypto Regulations Could Be Highly Restrictive
Hong Kong is planning to fully open its doors to crypto asset trading and investment. However, reading the fine print of its crypto regulations proposals reveals a lot of restrictions and hidden catch...
EU Wants to Fast-Track Banking Crypto Capital Regulations
The EU is working hard to push through tough capital rules for banks that hold crypto assets. The global Basel Committee of banking regulators from the world’s leading financial centers has set a Janu...
Many Stablecoins May Not Meet the Standards of Crypto Asset Regulations: FBS
The Financial Stability Board (FSB) has revealed that many stablecoins will not meet the standards stipulated in its recommendations for crypto asset regulations that will be released later this year....
Zambia Works on Crypto Regulations to Attract Investment
Zambia has become the latest African nation to embrace the digital economy after announcing it was testing technology to enable the regulation of cryptocurrencies. As countries globally explore a regu...
Crypto Regulations and Legislation Remain Divided in the US
While Wyoming is being cheered on for friendly crypto regulations, Illinois is driving away any chance of crypto innovation. Illinois Senate Bill 1887 was introduced on Feb. 9. The Digital Property Pr...
Brazil Drafting Decree to Already Enacted Crypto Regulations
Bitcoin News The Ministry of Finance is drafting a decree to rectify some of the ambiguities. The Central Bank of Brazil will be charged with overseeing cryptocurrency exchanges. There is an effort af...
The Financial Stability Board (FSB) is pushing for international regulations
A global financial regulator known as the Financial Stability Board (FSB) has the backing of the Bank for Worldwide Settlements (BIS). The FSB is now advocating for worldwide standards for decentraliz...
Coinbase CEO Brian Armstrong Demands For Clear Crypto Regulations
Gary Gensler, head of the U.S.SEC has said unequivocally that the law is clear. It has been argued that Gensler’s approach to crypto regulation is flawed. Brian Armstrong, CEO of Coinbase, a cryptocur...
Crypto regulations impossible “without an act of Congress”: Blockchain Association
The CLO of the Blockchain Association asked the U.S. Congress to oversee crypto regulations. A lack of regulations is causing regulators to overstep their authority. Pro-crypto trade group Blockchain ...
Senate Seeks Clarity on Cryptocurrency Regulations in ‘Crypto Cash’ Hearing
On 14 Feb, the Senate Banking Committee held a hearing to discuss the recent “crypto crash” and proposed new regulatory safeguards for the cryptocurrency industry. Skeptical members of the committee h...
Banks Holding Cryptocurrencies Face Strict New Regulations in European Parliament
A report on a draft measure that would require banks that hold cryptocurrencies to put aside a significant amount of capital in an attempt to mitigate possible risk has been published by the European ...
New Hampshire Seeks to Implement Crypto Regulations
Two months ago, Live Bitcoin News published an article discussing a new set of crypto regulations that were being unveiled by the state of New Jersey. Now, it appears New Hampshire is looking to follo...
Crypto Regulations Important for Mass Adoption to Take Hold
Despite its potential to revolutionize finance and commerce, cryptocurrency has yet to gain widespread adoption. A major reason for this is the lack of strong regulation in the industry. Without it, t...
Dubai Sets The Pace By Issuing Landmark Virtual Asset Regulations ⋆ ZyCrypto
Advertisement     In one of the most comprehensive efforts to create a crypto regulation framework, Dubai’s Virtual Asset Regulatory Authority (VARA) has issued its Vi...
Argentina’s NSC set to establish regulations for crypto businesses
Crypto companies domiciled in Argentina will be subjected to the newly established regulatory requirements of Argentina’s National Securities Commission (CNV). According to the CNV, the fundamental mo...
Dubai Bans Privacy Coins, Sets New Regulations
The country’s Virtual Assets and Regulatory Authority (VARA) has released a new set of regulations for the any crypto-linked firm attempting to set up a business in its jurisdiction. Among these...
Argentina: Upcoming crypto regulations will not focus on tokens, but…
The government of Argentina is considering a regulatory framework for crypto companies that will define oversight and jurisdiction. The country’s National Securities Commission is expected to have ov...
Dubai releases crypto regulations for virtual asset service providers
The Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued new guidelines for virtual asset service providers (VASPs) operating w...
Dubai Regulator Issues Regulations For Virtual Asset Service Providers
VARA has released the “Full Market Product Regulations,” a set of guidelines. The laws also provide direction on other areas, such as the issuance of digital assets. New regulations for virtual asset ...
ConsenSys Joseph Lubin Talks Contagion and Regulations Following 2022 CeFi Crash
Following the spectacular collapse of numerous CeFi companies last year, all regulatory eyes have been focused on the crypto industry. Joseph Lubin, the CEO of ConsenSys, also weighed in on the matter...
Australian Crypto Regulations: Customer Protection is a Priority
Regulation to focus on protecting customer interests. A consultation paper was released to explore the elements of the ecosystem. Everything that happened in the crypto industry in 2022 greatly emph...
Binance Launches Tax Reporting Tool to Help Users Comply with Local regulations
Because the tax season is just around the horizon for many nations, businesses in the cryptocurrency sector will need to be ready to assist their customers in complying with the requirements that are ...
The world must take a ‘collective action’ approach to regulations — India’s finance minister
In a recent television interview, India’s Finance Minister, Nirmala Sitharaman, suggested that regulation “cannot be done” by a single country; it requires an international effort. Speaking to Rahul J...
India Reveals IMF Is Working With G-20 for Crypto Regulations
“Whilst recognizing the central bank as the authority for issuing crypto currency, the rest of the assets which are being created outside which are using very useful financial technologies, even...
CFTC Chair Rostin Behnam Continues Calls for Non-Security Tokens Regulations
The chairman of the United States Commodity Futures Trading Commission, often known as the CFTC, is Rostin Behnam, and he has said that he would continue working toward the agency’s goal of regu...
US Senator calls for crypto regulations amid 2022 failures
Join Our Telegram channel to stay up to date on breaking news coverage The Senator for South Carolina, Tim Scott, is working on a bipartisan regulatory framework targeting the cryptocurrency industry....
U.K. Treasury Proposes Ambitious Crypto Regulations
His Majesty’s Treasury has finally released a long-awaited consultation document in preparation for the imminent regulation of cryptocurrencies in the United Kingdom. The comprehensive paper, wh...
China’s step towards cryptocurrency regulations – Cryptopolitan
The relationship between China and the crypto market is very complicated, and one cannot sum it up in a few words. There have been some restrictions on cryptocurrency since the beginning of the crypto...