Aussie crypto ‘finfluencers’ face tough new legal restrictions
New warnings from the Australian Securities and Investments Commission (ASIC) on appropriate conduct for financial influencers could have a dramatic...
Regulation
India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force – Regulation Bitcoin News
Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a...
US Senator Cruz Introduces Bill to Prevent Federal Reserve From Using Digital Currency as Surveillance Tool – Regulation Bitcoin News
U.S. Senator Ted Cruz has introduced legislation to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC)...
SEC Names Crypto an Exam Priority This Year – Regulation Bitcoin News
The Securities and Exchange Commission (SEC) has listed crypto assets as an examination priority for market participants this year. “In...
Billionaire Mike Novogratz Says ‘People Have Realized Crypto Is Really Popular’ — Expects Softer Stance From Lawmakers – Regulation Bitcoin News
Billionaire Mike Novogratz says he is much more optimistic about the crypto market now than he was a month ago....
Biden’s Fed picks are likely headed to Senate vote after partisan delay
The United States Senate will vote on President Joe Biden’s nominations to the Federal Reserve after delays instigated by Republican...
Vietnamese Government and Central Bank Developing Legal Framework for Crypto – Regulation Bitcoin News
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice,...
European Union’s MiCA Proposal Progresses to Trilogue Stage Without Bitcoin Ban Provision – Regulation Bitcoin News
The Markets in Crypto Assets (MiCA) regulatory package passed another potential hurdle this week and is moving to the next...
Janet Yellen Admits Crypto Has Benefits — Says Treasury Working on Crypto Regulation – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen has admitted that there are benefits to cryptocurrency. Crypto has grown by leaps and bounds...
Malaysia Will Not Adopt Bitcoin as Legal Tender, Government Says – Regulation Bitcoin News
Malaysia’s deputy finance minister has clarified that the government will not adopt cryptocurrency as legal tender. “Cryptocurrencies like bitcoin are...
Bank of England Says Crypto Assets ‘Present Financial Stability Risks,’ Bank Begins Sketching Regulatory Framework – Regulation Bitcoin News
The Bank of England has revealed that it is working on sketching a regulatory framework for crypto assets, according to...
Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System – Regulation Bitcoin News
The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents risks to the...
UK Regulator Issues Crypto Ads Notice to 50 Firms — Says ‘This Is a Red Alert Priority’ – Regulation Bitcoin News
The U.K.’s advertising authority has sent an enforcement notice to more than 50 companies that advertise cryptocurrencies. “We will monitor...
Malaysian Ministry Proposes Legalizing NFTs to Boost Participation in Crypto Sector – Regulation Bitcoin News
Malaysia’s communications ministry has proposed legalizing non-fungible tokens (NFTs) to increase the participation of young people in the cryptocurrency space....
We Don’t See That Crypto Could Be Used in Large-Scale Way to Evade Sanctions – Regulation Bitcoin News
The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade...
Dubai’s New Virtual Asset Regulator Licenses Crypto Exchanges Binance, FTX – Regulation Bitcoin News
Dubai’s Virtual Asset Regulatory Authority has licensed two cryptocurrency exchanges: Binance and FTX. The regulator was formed last week when...
Central Bank of Russia tightens P2P transactions monitoring, including those in crypto
The Central Bank of Russia (CBR) recommended that the nation’s commercial banks ramp up monitoring users’ transactions that could be aimed...
8 US Lawmakers Urge SEC to Stop Crippling Crypto, Stifling Innovation – Regulation Bitcoin News
Eight U.S. lawmakers have sent a letter to the chairman of the U.S. Securities and Exchange Commission (SEC) regarding how...
US Justice Department Returns Stolen Bitcoin to Victim of Government Imposter Scam – Regulation Bitcoin News
The U.S. Justice Department has seized bitcoin stolen from an elderly man in a government imposter scam and will be...
Better Business Bureau Warns About Cryptocurrency — BBB Ranks Crypto Scams Second Riskiest – Regulation Bitcoin News
The U.S. Better Business Bureau (BBB) says cryptocurrency scams have become the second riskiest. In addition, the organization noted that...
EU Parliament Committee Votes Against Proof-of-Work Ban, Supports Alternative Amendment on Crypto Assets – Regulation Bitcoin News
European Parliament’s economic and monetary affairs committee has voted against banning proof-of-work-based assets for companies in the European Union. An...
Cryptocurrency Can Bring Growth to American Economy if Properly Regulated – Regulation Bitcoin News
U.S. Senator Cory Booker sees cryptocurrency as “an exciting innovation with the potential to bring growth to the American economy...
