Authorities across the countries worldwide are keen on regulating the burgeoning asset class of cryptocurrencies. How far regulators could go to fulfill their objective is the matter of time for now. ...
Tag: regulations
White House Blames Congress for Failure to Enact Crypto Regulations
The White House pointed the finger at Congress Friday for stalling on a comprehensive, national crypto regulatory framework, outlining numerous actions lawmakers could take to reign-in fraud and bad a...
Americans want crypto regulations more than Marijuana regulations: Survey
The US has better regulations for Marjuana in comparison to cryptocurrencies, the Internet and social media. Recently, Harvard CAPS-Harris Poll organised a survey for voter suggestions on which indust...
White House wants Congress to “step up its efforts” on crypto regulations
On Friday, the Biden administration asked the United States Congress to expand regulators’ authority in policing the crypto industry. Four senior White House officials published a statement titled ‘Th...
White House officials criticize Congress for not enacting crypto regulations
Four senior White House officials posted a blog yesterday, criticizing Congress for failing to enact cryptocurrency regulations. However, crypto regulations have not been the priority of President Joe...
U.S. Representative French Hill offers insights into digital asset regulations
To guarantee that “America remains the home for innovation in fintech and blockchain,” the chairman of a recently established congressional subcommittee on digital assets in the United Sta...
Indian Crypto Community Hopes for Tweaks in Crypto Regulations in 2023
Indian Union Budget 2023-24 will be presented on February 1, 2023, by Finance Minister Nirmala Sitaraman. The crypto community is anxiously awaiting the budget presentation. The community expects majo...
US SEC Investigates Investment Advisors About Crypto Regulations
The US SEC is investigating registered investment advisors about following crypto regulations. Anonymous sources reported that the SEC is interrogating advisors’ efforts to cohere to agency regulation...
Deribit Plans Move to Dubai Pending New Regulations
Crypto derivatives exchange Deribit, famous for its association with crypto hedge fund Three Arrows Capital, plans to relocate to Dubai by Q3, 2023, pending regulatory clarity. The move comes after th...
New York’s Financial Regulator Takes Aim At Firms Commingling Funds After New FTX Regulations ⋆ ZyCrypto
Advertisement     The New York Department of Financial Services has released a new guideline to regulate how firms handle customer assets. The department takes the bu...
Japan’s FSA Lifts Ban on Stablecoins; New Regulations from June
Japan’s FSA announced that it has decided to lift the ban on stablecoins. From June 2023, domestic investors would be allowed to trade using stablecoins. The authority would ensure the security of the...
EU imposes strict regulations on banks holding crypto
European Union lawmakers have imposed strict measures for banks holding digital assets in a bid to limit the amount of unregulated cryptocurrency that banks can hold. Strict rules for banks holding c...
EU Imposes Stricter And Extensive Crypto Regulations Banks
European Union lawmakers have agreed to several changes, including stricter new requirements for banks dealing with crypto and digital assets. The European Parliament’s Economic and Monetary Affairs C...
Cardano Founder Agrees With Deaton, Says No US Crypto Regulations Till 2025
Hoskinson implies that the FTX collapse has set the industry back at least two years. Cardano founder Charles Hoskinson has agreed with Attorney John Deaton, saying he does not expect Congress to crea...
Japan to Adopt New Stablecoin Regulations
A local financial body in Japan has said that the country’s new legislation that will let investors to trade using stablecoins such as Tether (USDT) are scheduled to be approved no later than in...
Japan’s new stablecoin regulations to take effect in June – Cryptopolitan
In Japan, the Financial Services Agency (FSA) is set to lift the ban on the domestic distribution of foreign-issued stablecoins in 2023. This will be part of a proposed cabinet order and cabinet offic...
Crypto Regulations Needed to Avoid Effect on Traditional Finance, States IMF Officials
Cryptocurrencies, given their infancy stage and relatively less user base, are prone to volatility and instability in their value. Since the inception of the first cryptocurrency in the world, Bitcoin...
Crypto Industry Challenges and Regulations
The crypto industry has received a significant blow as Genesis, a prominent cryptocurrency lender, filed for bankruptcy. The SEC charges Genesis for illegal crypto sales. Genesis is a part of the DCG ...
Is “The Howey Test” outdated? Modernizing regulations for the digital age
The rate and reach of cryptocurrency adoption in recent years signals the dire need for modern regulations that simultaneously safeguards investors and enables innovation to flourish. As it stands, mo...
Binance to Increase Presence in Poland in Compliance With Local Regulations – Exchanges Bitcoin News
Binance has unveiled intentions to broaden its activities in Poland, another EU member state where the global cryptocurrency exchange is registered. The coin trading platform plans to develop its Poli...
Thailand Issues New Regulations on Custodied Cryptocurrencies – Regulation Bitcoin News
The Securities and Exchange Commission (SEC) of Thailand has issued new regulations on custodied cryptocurrencies. Companies offering crypto custody services are now required to “establish a digital w...
Lack of Regulations Will Trigger More Crypto Meltdowns, Predicts Kevin O’Leary
Kevin O’Leary – a popular Canadian investor and host of the TV show Shark Tank – believes the unregulated cryptocurrency environment will cause the collapse of other companies. However, he remains a p...
Know what CFTC Commissioner said about Global Crypto Regulations
Commodity Futures Trading Commission (CFTC) commissioner Caroline Pham gave an interview to Bloomberg on January 17. Commissioner Pham met with many international regulators to talk about the im...
CFTC boss calls for uniformed crypto regulations worldwide – Cryptopolitan
Commissioner of the CFTC Caroline Pham has urged regulators in the crypto space worldwide to provide clearer guidelines for assets in the crypto sector. At an interview, the CFTC boss said that the or...
Japan’s Financial Watchdog Official Proposes Stringent Crypto Regulations
4 hours ago | 2 mins read Exchange News The Japanese FSA Deputy Director even mentioned FTX’s failure. Crypto exchanges should be regulated like traditional financial institutions as per Yanase. Finan...
EU Delays MiCA Crypto Regulations Due to Translation Issues
The EU’s landmark Markets in Crypto Assets (MiCA) crypto regulations will not see a final vote until April. The delay is also likely to stall the process of pushing the new rules through. According to...
Thailand SEC introduces regulations for crypto custodians: What does it entail?
Thailand’s SEC has issued fresh regulations for digital asset service providers. The new rules come in light of the recent turmoil in the crypto industry. The Securities and Exchange Commission of T...
Thailand’s SEC Issues New Regulations For Crypto Custodians
Thai SEC introduced new regulations for crypto custody service providers. Crypto custodians in the country will have to submit a contingency plan. Thailand’s financial regulators ramped up crypto regu...
Why WEF must focus on crypto regulations or ‘spectacularly fail’
Nigel Green, the CEO of financial management firm deVere Group, has warned that global lobbying organization the World Economic Forum (WEF) will likely fail if it fails to focus on crypto regulation. ...
deVere CEO warns World Economic Forum will ‘spectacularly fail’ over crypto regulations
Nigel Green, the CEO of financial management firm deVere Group, has warned that global lobbying organization the World Economic Forum (WEF) will likely fail if it fails to focus on crypto regulation. ...
The Case For and Against Crypto Regulations – Trustnodes
Crypto currencies and assets may be about to enter the big league in a couple of years or maybe half a decade. It is foreseeable at this point that they could maybe reach $10 trillion, making them a m...
Crypto.com delisting Tether to comply with Ontario regulations
Crypto.com announced the delisting of the Tether-issued stablecoin USDT to comply with the financial regulator in Canada. The exchange will cease to offer services relating to the stablecoin in Canada...