Senator Elizabeth Warren says current crypto bills lack safeguards and could enable crime, terrorism, and economic instability. She warns that allowing companies to bypass SEC rules by moving to blockchain…
Browsing: Crypto regulation
U.S. banks can now engage in crypto-related activities without notifying their leading supervisory point of contact at the Federal Reserve; supervisory letters are withdrawn. The Federal Reserve Board has also…
New York lawmakers are looking to legalize crypto as a legitimate payment method. The state generally maintains a strict crypto regulatory stance with a focus on consumer protection. New York…
IOTA has released a comprehensive report on the rising number of self-appointed financial experts and how their misguided information could be controlled. IOTA proposes an AI-driven monitoring implementation to identify…
Crypto regulation is advancing in New York as a Bill to protect users emerges. At the Federal level, the US SEC is also pushing for investor protection with a new…
Malaysia has plans to advance crypto regulations amid collaborations with Asian partners. The quest for proactive crypto regulation is growing around the world. Malaysian Prime Minister Anwar Ibrahim recently cemented…
Kenya is preparing to legalize cryptocurrencies with plans for a new draft policy aimed at regulating virtual assets and service providers in 2025. Treasury Cabinet Secretary John Mbadi stated that…
MicroStrategy co-founder Michael Saylor proposes a comprehensive crypto framework to increase the digital asset market’s valuation from $1 trillion to $590 trillion. Meanwhile, critic Peter Schiff believes that these proposals…
Ripple CLO Stuart Alderoty criticizes U.S. regulatory framework for lacking clarity. Ripple unlocks 1 billion XRP from escrow, impacting market dynamics. Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple,…
South Korea is preparing to implement tough cryptocurrency regulations, which include conditions for listing and delisting virtual assets for investor protection. The rules are meant to introduce self-regulation in the…
The Biden administration threatens to veto a bill allowing regulated financial firms to hold Bitcoin, sparking debate over cryptocurrency regulation. Supporters argue that overturning SEC regulations would foster innovation, while…
Norway’s new law regulates crypto mining due to environmental worries, aiming to align with global climate goals. The law targets data centers facilitating mining, reflecting Norway’s commitment to responsible digitalization.…
Worldcoin has introduced an “unverify” function to help users better manage their data. With this move, implemented based on regulatory scrutiny, WLD has stayed resilient in the green position. Worldcoin,…
The US Federal Reserve has expanded its Novel Activities Supervision Program. This program will now tight place crypto under its scrutiny across the board. In the latest move to limit…
The G20 under the leadership of India are mulling a global crypto regulatory framework. The framework will take into account input from the FSB and other core agencies. G20 nations…
SEC Chairman Gary Gensler wants more money to fight the crypto ecosystem. The markets regulator has carried out a number of intense crackdowns over the past 12 months. Gary Gensler,…
VeChain is more aligned to the MiCA energy rules as affirmed by its Carbon Calculator tool. The VeChain tool may come in handy for other protocols tilting towards achieving compliance.…
Central bank leaders at the WEF in Davos agreed on the need for comprehensive crypto regulation. This regulation may be welcome by industry leaders as they have been clamoring for…
Despite the 2022 crypto winter, new investors continue to invest in Indonesia’s crypto market. Meanwhile, Indonesia tightened its crypto regulatory policies last October following events in the crypto space since…
Senator Liz Warren sponsored bill seeks to block all possible means that bad actors use to launder money through the crypto industry. The digital asset anti-money laundering act will introduce…