German Regulator Calls for New DeFi Laws

2022-5-16 18:21

BaFin's Birgit Rodolphe said decentralized applications like insurance, lending and securities could be subject to significant fraud and losses, and called for EU-level laws.

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U.S. Federal Reserve has no intention to ban cryptocurrencies, Chairman Powell says

Speaking before the House Financial Services Committee, US Federal Reserve Chairman Jerome Powell, stated that the authority has no objective to ban cryptocurrencies.   According to Powell, who responded to his earlier comments that cryptocurrencies could be replaced by a central bank digital currency (CBDC), the crypto market should be regulated in accordance with existing laws.

2021-10-3 20:07


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SEC Chairman Gensler Says Some Stablecoins Could Qualify as Securities

Newly-appointed SEC Chief hints some stablecoins could fall under the legal definition of securities. Gensler Says Stablecoins Could Be Securities U.S. Securities and Exchange Commission (SEC) Chair, Gary Gensler recently went on record saying that digital currencies whose price are pegged to traditional securities might fall under the securities laws. The SEC Chair made theRead More

2021-7-22 04:00


Russia’s Ministry of Finance Tells Traders to Disclose Crypto Wallets Or Face Fines And Jail

After introducing an amendment that could see cryptocurrency miners lose all their mining rewards, Russia is once again tightening cryptocurrency regulation. According to a local news release, the Ministry of Finance proposes stricter regulations related to crypto accounts by preparing a package of amendments to the country’s digital asset laws.

2020-9-25 18:08


China’s Civil Law Could Enable Citizens to Inherit Bitcoin

China’s Inheritance Law might soon be updated to include internet property and cryptocurrency, including Bitcoin. The draft bill is currently being reviewed by the government. New Inheritance Law to Be Part of China’s First Civil Code, and It Could Impact Bitcoin Recently, the Chinese parliament revealed the draft of its first civil code, which includes the protection of civil rights like property, personality, contract, marriage, infringement, and inheritance.

2020-5-26 19:11


Crypto Projects Could See Three-Year Exemption to Securities Laws

Blockchain projects could get a three-year exemption from U.S. securities laws to build decentralized networks, according to SEC Commissioner Hester Peirce’s latest safe harbor proposal. Operating Under Regulatory Uncertainty Cryptocurrency...The post Crypto Projects Could See Three-Year Exemption to Securities Laws appeared first on Cryptocurrency News.

2020-2-7 08:41


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Microsoft files patent for controller with Braille readout

Microsoft has apparently applied for a patent for a new Xbox controller with the ability to show visually-impaired gamers what’s on screen via a haptic Braille readout. If we ever see this controller, it could open up gaming for a whole new group of people, just like Microsoft’s previous efforts in the space — and it could also help games comply with new laws demanding accessibility.

2019-5-7 03:30


SEC’s Valerie Szczepanik: Many Stablecoins Currently “Might Be Violating Various Securities Laws”

SEC’s Valerie Szczepanik Says There Are Many Stablecoins In The Market Currently That “Might Be Violating Various Securities laws” During her appearance at the ongoing SXSW conference in Austin, the SEC’s Senior Advisor for Digital Assets ‘Valerie Szczepanik’ went on record to state that there currently existed a number of stablecoin offerings that could potentially […]

2019-3-17 23:31