France is considering an obligation for cryptocurrency firms to obtain a full licence in the wake of the recent bankruptcy of FTX. The French government has expressed concerns over the lack of regula...
Tag: regulations
FTX collapse triggers regulations and more lay-offs
After the popular cryptocurrency exchange FTX collapsed and initiated the fear of another bear market, the Group of 20 (G20) countries — including 19 countries and the European Union (EU) — have been ...
French Senator Proposes Amendment to Crypto Regulations
A French Senator proposed tightening crypto regulations after the FTX demise shook the sector. The decision also comes as European Union’s Markets in Crypto Assets (MiCA) come closer to implementation...
Global crypto regulations to be Recommended by FSB by 2023
FSB plans to unveil regulations for the crypto sector by early 2023. The market turmoil caused by FTX’s collapse has compelled regulators to take act. FTX’s founder Sam Bankman-Fried was arrested. Nee...
Thai SEC Calls For Stringent Crypto Regulations
Following the recent collapse of once leading crypto exchange FTX, financial regulators and authorities across the world are sharpening scrutiny over the crypto market. Recently Thailand’s regulator r...
Thailand SEC Warns of Stricter Crypto Regulations Post FTX Fall
Exchange News The protection of investors and the tracking of emerging dangers will be top priorities. Companies were also advised by the agency not to use deceptive or misleading claims. Due to the F...
Australia Plans Major Revisions in Crypto Regulations by Early 2023
Bitcoin News The government plans to issue a discussion paper in early 2023. Australia wants to find a middle ground between innovation and crypto regulation. Australia’s government said on Wednesday,...
Tighter Security Regulations For Crypto Platforms In Canada
Canadian regulators have advised putting in place a coordinated oversight regime for all crypto trading platforms. Crypto platforms that are seeking registration will need to sign an undertaking to ad...
Financial Stability Board (FSB) to finalize global crypto regulations in early 2023
The world’s most prominent global financial watchdog group is preparing to impose stringent proposals for regulating the crypto industry in early 2023, along with a timeframe for implementation. FSB t...
Thai SEC Will Strengthen Crypto Regulations And Safeguard Investors
A top Thai regulator has emphasized the need of establishing tougher regulations on advertisements that relate to cryptocurrency. Following the collapse of the FTX exchange, Thailand has become the mo...
Thailand SEC to implement tighter regulations for crypto
Financial regulators in Thailand are planning to impose stricter regulations on digital assets in order to better reflect the global market and protect investors. The move comes after a turbulent year...
FSB looks to nail down global crypto regulations in early 2023: FT
The world’s most powerful global financial watchdog group is preparing to instate strict propositions for regulating the crypto sector in early 2023, along with a timeline regulators should stick to f...
New Crypto Regulations Will Increase Mining “Difficulty” in Kazakhstan
For many, cryptocurrencies are a way to escape the centralized finance, meanwhile the governments are trying to tighten their grip on the digital assets to prevent it from becoming decentralized. Rece...
New Jersey Unveils New String of Crypto Regulations
New Jersey wants to turn itself into the most crypto friendly region in America. That’s why it’s introducing the “Digital Assets and Blockchain Regulation” Act, which will permit decentralized autonom...
Democrat Senator Seeking Potential Crypto Regulations, Report
Crypto regulations remained the hot issue across the crypto space and the point of tussle between regulators and crypto proponents. Yet the authorities or the people having authority are often reporte...
Crypto Lender Nexo to Exit US Market Over ‘‘Unclear Regulations’’ ⋆ ZyCrypto
Advertisement     Cryptocurrency borrowing and lending platform Nexo has announced that it is withdrawing its products from the United States over the ‘‘coming months’...
UK Pushes For Finalizing Crypto Regulations Post FTX Fall
12 seconds ago | 2 mins read Bitcoin News With FTX down, and the customers’ money in jeopardy, things started to change slightly. This move follows Prime Minister Rishi Sunak’s call for “effective re...
UK set to announce new crypto regulations: FT
The UK government is expected to announce new rules governing the sale and marketing of crypto assets. Regulators will have more power to police the sector, including a clampdown on crypto-relat...
Nexo leaving US, says country lacks clear regulations
The crypto borrowing and lending platform Nexo plans to gradually cease operations in the United States “over the coming months,” according to a blog post on Dec. 5. Nexo has stated that the decision ...
Hong Kong working on investor protection regulations, says central bank exec
Central bank governors from around the globe are currently in Thailand to discuss the role of central banks amid evolving financial technology. The conference is jointly hosted by the Bank of Thailand...
New York proposes crypto regulations, plans to charge crypto companies
The New York State Department of Financial Services (DFS) has presented a proposal to amend state legislation and charge licensed cryptocurrency companies for regulating them. Although it may seem str...
Sam Bankman Fried & How FTX Collapsed Current Crypto Regulations
Who is Sam Bankman-Fried and what did he do to cause FTX’s collapse? Who is Sam Bankman-Fried? Sam Bankman-Fried is a co-founder of the FTX cryptocurrency exchange who reportedly withdrew $1 million f...
CFTC commissioner proposes new tiered crypto regulations for retail investors
CFTC commissioner Christy Goldsmith Romero called for crypto regulations that clearly defined retail investors at a conference in Singapore. The terms came when retail investors were crying foul from...
New Crypto Regulations Might Not Be Needed Says Fed Governor
U.S. policymakers have been scrambling to develop a regulatory framework for crypto to protect the financial system. However, Fed governor Lisa Cook thinks that new regulations are unnecessary. She ba...
The UK plans to do away with ring-fencing regulations in efforts to deregulate London
According to sources familiar with Treasury’s plans, the United Kingdom government is expected to relax it’s ring-fencing of banks as part of an initiative to deregulate London and have a “Big Bang” f...
Toon Finance Protects Users From CEX Regulations
SPONSORED POST* One of the biggest problems with this industry is that a considerable number of investors blindly get involved with a platform or exchange. The recent FTX and Terra disasters are prime...
Israel’s Finance Ministry recommends new guidelines for crypto regulations
The Chief Economist at Israel’s Ministry of Finance, Shira Greenburg, published a list of recommendations for the regulation of digital assets on 28 November. She called for a more comprehensive regul...
36% of Australians want more crypto regulations: IRCI report
In its 4th issue, the Independent Reserve Cryptocurrency Index (IRCI) 2022 studied over 2,000 Australians to gauge their attitude towards digital assets. The study found out 92% of Australians knew ab...
Politicians Call for Crypto Regulations As FTX Contagion Spreads
The US and European politicians are calling out for crypto regulation. Is the FTX collapse a catalyst for the global regulations on crypto? The crypto regulations are the need of the hour after the re...
Africa Needs More Strict Crypto Regulations, IMF Suggests
Recently prominent global institution International Monetary Fund (IMF) reported calls for more regulation of crypto markets within Africa. Noteworthy is that the African region is among the one of th...
Privacy Coins Likely to Face Ban Following EU AML Regulations
Did the EU Anti-Money laundering bill draft create fear in crypto? AML regulations still under discussion are likely to be live soon. The concept of privacy is quite popular among cryptocurrency en...