2023-5-19 10:00 |
The Treasury is still adamant it will regulate digital assets like financial services but its plans will rely on parliamentary support.
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A crypto advocacy group has criticized the U. K. Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling. Treasury Select Committee lampoons crypto In a report published on May 17, the Committee urged the government to stop wasting taxpayers’ funds on innovations such as virtual assets until it shows their benefits.
2023-5-17 13:30 | |
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The European Commission started drafting the AI Act about two years ago to regulate emerging artificial intelligence (AI) technology like AltSignals’s ActualizeAI, which has seen a boom in investment and popularity following the launch of OpenAI’s AI-powered chatbot ChatGPT.
2023-4-30 20:27 | |
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European Union has proposed a bill for Artificial Intelligence (AI) regulation that requires the disclosure of copyright material for tools such as ChatGPT and Midjourney. The post EU Bill Proposes to Regulate Generative AI Tools Like ChatGPT appeared first on BeInCrypto.
2023-4-29 18:45 | |
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As cryptocurrency regulations continue to threaten the future of Web3, many investors are seeking the most secure cryptos to invest in. While Monero (XMR) has been a leading project in the blockchain movement for some time, Metacade (MCADE) now looks like a better option long-term.
2023-3-17 18:32 | |
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As cryptocurrency regulations continue to threaten the future of Web3, many investors are seeking the most secure cryptos to invest in. While Monero (XMR) has been a leading project in the blockchain movement for some time, Metacade (MCADE) now looks like a better option long-term.
2023-3-20 18:32 | |
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The 300 members of South Korea’s National Assembly are currently considering 17 separate crypto-related proposals, from which they hope to shape the Digital Asset Basic Act.
2023-1-27 21:00 | |
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Let's face it, a lot of crypto trading is more like gambling than investing. So why not regulate the industry that way? JP Koning says there are benefits and demerits to the idea.
2023-1-26 18:44 | |
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Mamoru Yanase believes that the best way to avoid a repeat of the FTX debacle is for global regulators to regulate crypto like traditional banks immediately.
2023-1-17 12:56 | |
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A new amendment to the Financial Services and Markets Bill could regulate crypto assets like Bitcoin alongside stablecoins. The post Crypto Assets Could Become Regulated Financial Instruments in the U.K. appeared first on BeInCrypto.
2022-10-26 01:47 | |
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The U.S. Securities and Exchange Commission isn’t volunteering to clarify what makes a crypto token a security, but the agency showed some of its hand in enforcement documents crypto lawyers are studying like scripture.
2022-8-19 21:50 | |
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Web3 experts are cautiously welcoming the first major jurisdiction’s attempt to regulate crypto – but first they must resolve the MiCA law’s paradoxes – like when is a non-fungible token fungible?
2022-7-1 18:55 | |
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Experts believe regulating the metaverse would be like trying to govern an ungovernable force. Besides, can you regulate a virtual reality space that hasn’t been invented yet? Well, the truth is that the metaverse is bound to open up new commercial opportunities.
2022-7-1 08:03 | |
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The Brazilian crypto market has seen a lot of growth in recent months, and it looks like an ambitious private member’s bill could help regulate this booming business by the end of this June. MP’s will be voting next week Tuesday for whether or not they want to pass regulations that would provide more security […]
2022-4-19 11:00 | |
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A U.S. CBDC is needed to ensure the dollar remains the world’s dominant payment mechanism, the bank’s analyst said
2022-4-12 14:02 | |
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The United Kingdom is set to create a broad regulatory framework detailing how cryptocurrency businesses can set up shop and operate in the country.
2022-4-1 18:02 | |
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During the Senate Banking Committee hearing on stablecoins, a call for regulating the fiat-backed stablecoins was made, but what they will look like is to be seen. “Let’s be clear about one thing: if you put your money in stablecoins, there’s no guarantee you’re going to get it back,” Senate Banking Committee Chairman Sherrod Brown […] The post Senate Banking Committee Split on How to Regulate Stablecoins first appeared on BitcoinExchangeGuide.
2021-12-15 17:02 | |
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The Indian government is readying to regulate crypto as assets instead of enforcing an outright ban on the industry. A report unveiled this news earlier today, citing a Cabinet note. By regulating cryptos as assets, India has declined to recognize coins like Bitcoin (BTC/USD) and Ethereum (ETH/USD) as currencies.
2021-12-5 18:28 | |
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If Bitcoin becomes legal tender in a massive country like Brazil, it would be monumental. However, is that plan really on the table? Here are the facts: 1. - A bill to regulate cryptocurrencies was discussed and approved in Brazil’s House of Representatives, but it still has a long way to go before it becomes law.
2021-10-5 06:38 | |
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Imagine you’re a country with a lukewarm economy, exporting mostly metals and agricultural products, but without a great deal of foreign investment. Doesn't sound like a great prospect, does it? HowThe post Ukraine: Parliament unanimously votes to legalize, regulate cryptos appeared first on AMBCrypto.
2021-9-9 09:34 | |
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The authorities around the world seem to finally be getting serious about cryptocurrencies, but while some countries are looking to regulate them, like the US, or even adopt them, such as El Salvador — others are not so friendly towards them.
2021-7-4 12:10 | |
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With cryptos like Bitcoin deemed not securities, they fall out of the SEC’s jurisdiction, and the agency has no legal authority to regulate the crypto space while continuing to postpone the decision on Bitcoin ETFs.
2021-6-16 20:20 | |
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The US SEC has tabled a plan on how it will regulate the market this 2021, but the conspicuous exception of Bitcoin and other cryptos from the regulatory agenda is turning heads. Many hoped that the crypto industry would somehow feature in the regulatory agenda, especially now that cryptocurrencies like Bitcoin have gone fully global […]
2021-6-16 19:08 | |
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"My number one recommendation to U.S. regulators is: look at the rest of the world and don’t get out of step," David Schwartz said in an exclusive interview with Cointelegraph.
2021-4-11 21:00 | |
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The legislation’s supporters claim this will help deter bad actors. Some crypto advocates see it as unnecessary regulation. Stablecoin Stability On Dec 2, 2020, Rashida Tlaib, Jesus Garcia, and Stephen Lynch, three congresspeople, introduced the Stablecoin, Tethering, and Bank licensing Enforcement (STABLE) Act.
2020-12-5 20:52 | |
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The need to regulate global stablecoins like libra doesn't mean authorities can't embrace innovation, according to according to a BIS working paper.
2020-11-25 12:31 | |
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Seems like the entire world is taking notice of Bitcoin and the wider cryptocurrency market. The Central Asian country of Kyrgyzstan is the latest to do so after the National Bank of the Kyrgyz RepublThe post Kyrgyzstan's central bank moves to regulate cryptocurrencies with new draft law appeared first on AMBCrypto.
2020-11-16 14:45 | |
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The G20 is setting rules to regulate stablecoins such as Facebook’s Libra cryptocurrency. Responding to a call by the G20, the Financial Stability Board (FSB) has provided 10 “high-level” recommendations that establish a regulatory framework for stablecoins.
2020-4-16 07:30 | |
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The Financial Stability Board (FSB) has issued recommendations calling for a unified approach to crypto regulations for stablecoins that adequately account for the risks posed by global private payment projects like Facebook’s Libra.
2020-4-15 14:30 | |
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The world of regulators has been itching to regulate cryptocurrencies and device a solution to avoid any economic "threat" that comes with it. Development announcements made by countries like China, SThe post China's banks continue to embrace blockchain despite scalability, usability concerns appeared first on AMBCrypto.
2020-2-22 12:36 | |
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On Tuesday, the EU’s Finance Commissioner, Valdis Dombrovskis, pledged that he would propose new rules to regulate virtual currencies such as Libra, following his reappointment. This is an interesting statement to make as in the five years he has served so far, Dombrovskis has not taken any steps to regulate digital assets, despite a series […] The post EU’s Finance Commissioner pledges common regulations for crypto-assets like Libra appeared first on AMBCrypto.
2019-10-8 17:30 | |
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Cryptocurrency adoption has seen a significant boost in 2019, where major financial institutions like Wells Fargo, JP Morgan, and ING have either tested their stablecoin or are pondering over launching one.
2019-10-6 00:16 | |
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In an interview with CNBC’s Squawk Box on August 2019, United States Secretary of State Mike Pompeo has made it clear that the U. S. must regulate bitcoin and altcoins just like other digital payment systems and electronic financial transactions in the state, to make it harder for bad actors to use them in aiding theirRead MoreRead More.
2019-8-22 21:00 | |
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U.S. Secretary of State Pompeo believes that Bitcoin should be regulated the same way as other electronic financial transactions
2019-8-21 20:32 | |
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CNN has obtained a draft of an executive order that could potentially censor huge portions of the internet. In an attempt to stop a perceived “bias” against conservatives, Trump’s plan attempts to strip certain protections from companies like Facebook and Twitter, particularly those protected under Section 230 of the Communications Decency Act (CDA).
2019-8-13 04:13 | |
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According to a report published by Reuters on June 21, 2019, France is set to form a G7 cryptocurrency task force to explore how global central banks can regulate cryptocurrencies like Facebook’s Libra without the risk of it being used for money laundering and other illicit activities.
2019-6-22 23:00 | |
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By CCN Markets: Facebook is already under fire from regulators less than a day after officially revealing its cryptocurrency whitepaper. Based on three separate talks, it’s clear top government and bank officials from around the world are preparing to regulate Facebook Libra.
2019-6-19 03:30 | |
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Brussels policy makers could be forgiven for wanting to move quickly to regulate ‘the internet. ’ Assailed by an avalanche of public opinion and a ‘techlash’ against many of the tech giants, politicians and legislators have quickly sought to target those that loom large.
2019-6-18 17:00 | |
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The privacy-focused cryptocurrency Monero marked its five-year anniversary on last month. With privacy coins struggling to shake off an association with illegal activity, and some governments considering ways to regulate against them, is there a future for privacy coins?
2019-5-25 22:00 | |
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When Bitcoin emerged as one of the hottest assets in the world in 2017, the world started to be concerned about how to regulate cryptocurrencies. Unfortunately, though, most countries have been dragging their feet somehow.
2019-5-17 01:44 | |
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American government officials have finally taken their shot at video game lootboxes. Specifically, Senator Josh Hawley of Missouri announced his intention to introduce the “The Protecting Children from Abusive Games Act” to the US Senate.
2019-5-9 04:10 | |
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Most countries around the world are scrambling to regulate Bitcoin. Some, like Bolivia, Egypt, and Saudi Arabia, have even tried to outright ban it. The problem is, no matter what regulators say, there are four major reasons why Bitcoin is unbannable.
2019-4-23 20:00 | |
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By CCN. com: The Reserve Bank of India (RBI) has published its official document on a draft framework for fintech regulatory sandbox entitled “Draft Enabling Framework for Regulatory Sandbox. ” The document explicitly excluded crypto assets like bitcoin, demonstrating a lack of intent to regulate the local crypto market.
2019-4-19 14:13 | |
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The UK’s set to kick off this week with a move to regulate social media platforms, so as to hold them accountable for the spread of “online harms,” like misinformation, terrorist propaganda, and content depicting child sexual abuse.
2019-4-8 09:35 | |
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The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).
2019-4-2 01:33 | |
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Cryptocurrencies, according to the dictionary, are “a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
2019-4-1 17:30 | |
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It looks like Mark Zuckerberg’s now into blogging. In an op-ed in the Washington Post, the Facebook CEO asked governments around the world to consider introducing more transparent rules for moderating content on the internet.
2019-4-1 12:57 | |
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Binance has partnered with Medici Ventures’ portfolio company IdentityMind, a risk management and regulatory-technology compliance platform, in a bid to enhance its fraud protection and compliance protocols.
2019-3-28 18:08 | |
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The legal certainty over blockchain technology is still evolving in many countries, like Switzerland. Though the technology has clear benefits, it is necessary to find a way to regulate it so that the operators can fall in line with the current laws.
2019-3-23 04:07 | |
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The Swiss Federal Assembly, which handles government legislation, approved on March 20th a motion directing the Federal Council to regulate cryptocurrencies. Switzerland has long been recognized as a leading hub of blockchain and cryptocurrency technology, with the Swiss town of Zug internationally referred to as “Crypto Valley.
2019-3-21 15:52 | |
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Members of the new service will receive special benefits, support and features akin to traditional premium banking services.
The FCA and other law enforcement agencies investigated 36 crypto ATM locations using powers under money laundering regulations.
Implementation of blockchain technology will accelerate as the opportunity cost of uncaptured efficiencies increases, the report said.
The partnership will enable BNP Paribas China’s corporate clients to make payments using the digital yuan through an e-CNY management system.
South Africa becomes the latest country to recognize crypto as a financial product. What does this mean to other African countries?
In partnership with Eaglebrook, the strategies will be offered to registered investment advisors.