2021-8-5 15:04 |
Cryptocurrencies will be able to become a widespread asset only if clear rules are in place, the new head of the SEC believes. He claims that tighter crypto regulation is needed.
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2021-8-5 15:04 |
Cryptocurrencies will be able to become a widespread asset only if clear rules are in place, the new head of the SEC believes. He claims that tighter crypto regulation is needed.
Similar to Notcoin - Blum - Airdrops In 2024
The US Senate discussed the risks cryptocurrencies pose to financial stability and called for tighter regulation of the crypto industry.
2021-8-5 17:40 | |
The chairman of the U. S. Securities and Exchange Commission (SEC), Gary Gensler, has clarified how cryptocurrencies falling under security-based swaps are regulated. He affirmed that platforms operating in the centralized or decentralized finance space are implicated by the securities laws.
2021-7-23 18:00 | |
France has proposed giving more power to the Paris-based European Securities and Markets Authority (ESMA) and making it responsible for cryptocurrency oversight. French regulators say cryptocurrencies need EU-wide regulation.
2021-7-15 06:30 | |
Cryptocurrencies have grown exponentially in the last six months. However, the regulation of platforms that offer exposure to them is behind. Regulatory Oversight Set To Pay Off According to a Bloomberg Crypto report, regulation seems to be catching up with certain areas of the crypto universe.
2021-7-14 22:10 | |
US Senator Elizabeth Warren warned of increasing risks of cryptocurrencies to regular consumers and financial markets, slammed the SEC for lack of proper regulation
2021-7-8 14:39 | |
François Villeroy de Galhau, the Governor of the French Central Bank, Banque de France, has called upon Europe to introduce a regulatory framework for cryptocurrencies. A report unveiled this news on June 29, citing Galhau, who spoke during the Paris EUROPLACE Annual Financial conference.
2021-7-6 13:14 | |
An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat currencies or regulated finance, therefore a “technology-neutral regulation to this asset class” is recommended.
2021-7-2 21:00 | |
The Bank of France governor Francois Villeroy de Galhau has called on the European Union to create a regulatory framework for cryptocurrencies. According to him, if Europe does not make crypto regulation a priority, there could be dire consequences for the monetary sovereignty of states.
2021-6-30 18:46 | |
South Korea's cryptocurrency exchanges express concern over government moves
2021-6-30 17:47 | |
The chairman of International Banking Law and Finance at the University of Edinburgh, professor Emilios Avgouleas, says that tighter crypto regulation will benefit the industry in the long run. He is bullish about the prospects of cryptocurrencies becoming widely used around the world.
2021-6-28 02:00 | |
The U.S. Treasury Department’s nominee for the head of terrorism and financial intelligence said in a confirmation hearing that he would focus on related regulation for cryptocurrencies. The post US Treasury Nominee: Preventing Crypto Money Laundering a Priority appeared first on BeInCrypto.
2021-6-23 09:02 | |
The U. S. Securities and Exchange Commission (SEC) has released its regulatory agenda which does not mention bitcoin or cryptocurrency regulation. Bitcoin, Cryptocurrencies Not on SEC’s Latest Regulatory Agenda The Office of Information and Regulatory Affairs released the Biden administration’s Spring 2021 Unified Agenda of Regulatory and Deregulatory Actions last week.
2021-6-17 21:30 | |
It has been reported that the Indian government and top industry stakeholders are revisiting provisions of the law that advocated a ban on cryptocurrency. The bill in question is dubbed the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 that was developed years back but never introduced during parliament’s budget session. Bloomberg Quint recentlyRead More
2021-6-17 19:00 | |
The continued spread of cryptocurrencies without consistent regulation is a cause for concern, according to the head of Italy’s stock market regulator. The post Spread of Unregulated Crypto a ‘Cause for Concern’ Says Italian Regulator appeared first on BeInCrypto.
2021-6-15 20:05 | |
Italy's Companies and Exchange Commission President Paolo Savona is urging the government for clear regulation as the lack of it can damage the way the market operates, he said. Like other officials, Savona is also calling for more regulation, arguing cryptocurrencies could facilitate illegal activity such as tax evasion, money laundering, and the financing of […] The post The Head of Italy’s Stock Market Watchdog Concerned About ‘Savings,’ Calls for ‘Proper Oversight’ of Crypto first appeared on BitcoinExchangeGuide.
2021-6-14 17:39 | |
Regulatory uncertainty and the slow embrace of cryptocurrencies continue to be key impediments to the growth of Kenya’s digital currency market, experts say. They also assert that without speedy regulation, which they believe will hasten the adoption of digital currencies, Kenya’s sector will remain open to fraud.
2021-6-15 14:30 | |
The Basel Committee on Banking Supervision has proposed dividing crypto assets into two groups and regulating them based on their market, liquidity, credit, and operational risks to banks. Cryptocurrencies, such as bitcoin, will be subject to “a new conservative prudential treatment.
2021-6-13 18:30 | |
Upbit, the largest cryptocurrency exchange in South Korea, is removing several cryptocurrencies from its platform. The exchange announced the removal of the KRW market pair of MARO, Paycoin (PCI), Observer (OBSR), Solvecare (SOLVE), and Quiz Talk (QTCON) on Friday.
2021-6-12 18:50 | |
India’s stance on cryptocurrencies has been a serious concern for crypto enthusiasts in the country. The government was initially planning to Bitcoin (BTC/USD) and cryptocurrencies, but it seems the officials are stepping back on their resolve.
2021-6-10 16:29 | |
Pseudonymity feature has done well for the crypto industry in the beginning, but for further development, regulation is a must. Yet, the majority of over 10,000 cryptocurrencies are irregulatable because of a false notion that regulation will hamper the growth of the cryptocurrency industry globally.
2021-6-9 12:37 | |
Cryptocurrencies are gaining more adoption in the US despite growing calls for the regulation of the nascent industry. In a recent report, top sports franchise Sharks Sports & Entertainment is looking to wade into Bitcoin.
2021-6-8 20:52 | |
Ripple CEO Brad Garlinghouse has suggested that the lack of regulatory law around cryptocurrencies is responsible for the company being in trouble with the SEC. XRP was trading under $0.90 cents on Monday evening but is hardly alone in the red zone (for now, at least) as most coins have been affected by Bitcoin’s shocking […]
2021-6-8 16:22 | |
Stefan Ingves, the governor of Sveriges Riksbank, Sweden’s central bank, does not think Bitcoin (BTC) and other cryptocurrencies will be successful in dodging regulation. He shared his thoughts on June 1, signaling that Sweden might soon crackdown on the widely unregulated crypto market.
2021-6-2 15:48 | |
Cryptocurrencies like Bitcoin won't evade regulation, according to Sveriges Riksbank (Sweden's apex bank) boss Stefan Ingves. Crypto Regulation Coming Soon Sweden’s central bank governor Stefan Ingves said that Bitcoin’s popularity had caught the attention of regulators worldwide, Bloomberg reports.
2021-6-2 22:32 | |
A Zimbabwean fintech lawyer, Prosper Mwedzi, recently initiated a process that seeks to bring recognition and regulation of cryptocurrencies. Under this private member bill procedure, a legislative proposition initiated by private citizens will be debated in the Zimbabwean parliament.
2021-5-28 02:00 | |
U.S. government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed. “We along with the OCC and the FDIC are engaged right now in what we are calling a sprint in seeking to pull together views on” crypto regulation. US Agencies Collaborating […]
2021-5-26 17:00 | |
White House officials are believed to be examining existing rules around cryptocurrencies and whether new restrictions are needed to protect investors from massive drawdowns like we saw last week.
2021-5-26 20:20 | |
According to Paul Mackel, global head of FX research for HSBC, the latest move by China to clamp down on cryptocurrency trading is not a “new development” He stated that the country has always put a strong regulatory framework on cryptocurrencies.
2021-5-24 14:45 | |
Users would benefit from investor protection on the crypto exchanges as cryptocurrencies are “highly volatile,” said Gary Gensler. The post Regulatory Crackdown Continues: SEC Commissioner Calls for More Regulation Around Crypto Exchanges first appeared on BitcoinExchangeGuide.
2021-5-22 18:10 | |
Chairman Gary Gensler brought up cryptocurrencies in his first address of the Financial Industry Regulation Authority. The post Gensler Mentions Crypto in His Address to FINRA, Urges to Follow ‘Spirit of the Law’ appeared first on BeInCrypto.
2021-5-21 16:20 | |
India’s central government is currently considering the possibility of creating a regulatory framework for cryptocurrencies in the country—instead of a complete ban proposed in the past, several sources told The Economic Times today.
2021-5-20 20:00 | |
The government of India may form a new panel of experts to study the regulation around cryptocurrencies in the country, reported the local publication citing sources privy to the discussions. A committee headed by former finance secretary, Subhash Garg in 2019, had recommended a blanket ban on crypto-assets which has now been seen as outdated.
2021-5-19 15:51 | |
Vietnam is treading waters into the cryptocurrency industry, as the government recently commissioned a research group for the purpose. The Vietnamese Ministry of Finance is conducting an in-depth study of cryptocurrencies for regulation purposes.
2021-5-6 10:30 | |
In 2021, new cryptocurrency disclosure rules were enacted in India. Any business dealing in cryptocurrencies must now report their entire crypto assets to the government as a component of the financial reports, starting today.
2021-5-4 17:45 | |
The Turkish government has updated the country’s cryptocurrency regulation following the banning of cryptocurrencies for payments and failing crypto exchanges. Published in the Official Gazette on Saturday, the new rule adds crypto trading platforms to the list of entities covered by anti-money laundering (AML) and Combating the Financing of Terrorism (CFT) regulations. The Official Gazette […]
2021-5-3 10:30 | |
A public-private task force has submitted a report to the Biden administration that includes recommendations to tighten the regulation of cryptocurrencies, including bitcoin, with the aim to combat ransomware.
2021-4-30 03:30 | |
Fox News correspondent Charles Gasparino claimed via his Twitter handle that Joe Biden’s administration is currently working on a “regulatory approach” to Bitcoin, cryptocurrencies, and the crypto industry in general.
2021-4-21 17:32 | |
Reaching a new all-time high after Coinbase shares listing on the Nasdaq, bitcoin's price plunged, nosediving 15% in 24 hours on 18 April. Rumors are spreading on the crypto market about tougher regulation of cryptocurrencies in the United States.
2021-4-19 10:59 | |
Former SEC Chairman Harvey Pitt says that he expects a “fair amount” of crypto regulation coming from the U. S. Securities and Exchange Commission (SEC) following the confirmation of the new chairman.
2021-4-19 06:05 | |
Nigeria’s Securities and Exchange Commission (SEC) has revealed that talks with the Central Bank of Nigeria (CBN) regarding the regulation of cryptocurrencies are ongoing. The securities regulator also reiterated that due to a CBN directive that was issued on February 7, 2021, the crypto guidelines it issued in September 2020 remain suspended. Crypto Guidelines Set […]
2021-4-17 04:30 | |
The Central bank of the Republic of Turkey has issued a cryptocurrency regulation prohibiting the use of cryptocurrencies for payments of goods and services. From the end of this month, crypto assets cannot be used directly or indirectly as a means of payment in the country and no service can be provided for this purpose. […]
2021-4-17 18:30 | |
The Central Bank of Sri Lanka has published a warning notice about the risks associated with cryptocurrency as interest and trading volumes of bitcoin and other cryptocurrencies surge locally and globally.
2021-4-12 06:15 | |
With the first Blockchain companies settling in the area of Zug from 2013 onwards, the term “Crypto Valley” was soon born in reference to the “Silicon Valley”. Thanks to politics and regulation, Switzerland was able to create the necessary legal certainty for a flourishing ecosystem around Blockchain and cryptocurrencies at an early stage.
2021-4-9 12:07 | |
In his annual letter to his shareholders, J.P. Morgan Chairman and CEO Jamie Dimon addressed the status of regulations towards Bitcoin and cryptocurrencies in the United States. At the beginning of the letter, Dimon calls 2020 a “strong” year for the banking institution in spite of the pandemic Covid-19. Dimon seems to have changed his […]
2021-4-8 00:17 | |
Cryptocurrency legislation in the United States is disconcertingly vague at best. Not only is the Fed anything but clear or consistent on its approach to the whole thing, but the fact that regulation differs from one state to the next adds further confusion.
2021-3-27 15:32 | |
Agustin Carstens, the general manager at the Bank of International Settlements (BIS), has claimed that cryptocurrencies are “used to evade laws and should therefore face more regulation.” Carstens, who has attacked bitcoin in the past, suggests that many crypto assets are “used to do some arbitrage, or to circumvent some regulations.” Carstens Repeats the Same […]
2021-3-27 15:15 | |
Massive acquisition of cryptocurrencies by large firms has been in vogue in recent days, thus yielding an impressive rally in the price of cryptocurrencies. However, the general manager of the Bank of International Settlements, Agustin Carstens still thinks virtual currencies functionality calls for more regulation.
2021-3-26 22:56 | |
Ireland has proposed a new regulation that would prevent users from trading cryptocurrencies anonymously. The new anti-money laundering (AML) rules require cryptocurrency entities to begin implementing measures, starting from the next month, that would prevent anonymous trading of these currencies.
2021-3-18 10:46 | |
The Indian finance minister has finally revealed clues about what is in the cryptocurrency bill that is due to be introduced in parliament. Mentioning no crypto ban, she said that the government will take “a very calibrated” approach to cryptocurrencies.
2021-3-9 15:30 | |