US Senators Working on Broad-Based Crypto Regulation
Two U.S. senators are engaged on a bipartisan, broad-based regulatory framework for cryptocurrency. “The work we’re doing goes to be a really complicated and intensive...
Bank of England Says Crypto Assets ‘Present Financial Stability Risks,’ Bank Begins Sketching Regulatory Framework
The Bank of England has revealed that it’s engaged on sketching a regulatory framework for crypto property, in keeping with statements stemming from the central...
Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System
The chairman of the Federal Reserve, Jerome Powell, says crypto requires new regulation, citing that it presents dangers to the U.S. monetary system and will...
Regulator in UAE’s Special Economic Zone Unveils Consultation Paper on ‘Crypto Tokens’
The regulatory arm of the United Arab Emirates (UAE)’s particular financial zone, the Dubai International Financial Centre (DIFC), has unveiled a session paper outlining its...
Crypto Industry Welcomes Biden’s Executive Order — Expert Says ‘It’s About as Good as We Could Ask’
Many folks within the crypto trade welcome President Joe Biden’s govt order on crypto. A crypto regulatory knowledgeable says, “It’s about nearly as good as...
Pakistan’s Central Bank Sees Few Good Use Cases for Crypto Citing ‘a Lot of Misuses’ Worldwide
The central financial institution of Pakistan doesn’t see many good use instances for crypto. However, the regulator cites “plenty of misuses” of cryptocurrency around the...
New York Judge Orders Terraform Labs to Comply With SEC’s Investigative Subpoenas
A latest court docket submitting stemming from the Southern District of New York exhibits {that a} U.S. district decide has ordered the crypto startup Terraform...
Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’
On Wednesday, the publicly-listed cryptocurrency agency Coinbase introduced the launch of a collaborative effort referred to as TRUST, which stands for “Travel Rule Universal Solution...
Switzerland’s Largest Bank UBS Expects US Crypto Legislation to Take Time
Switzerland’s largest financial institution, UBS, expects the United States Congress to take a very long time to cross cryptocurrency laws regardless of mounting curiosity in...
Indian Parliament Member Clarifies Legal Status of Cryptocurrency
Cryptocurrency is presently a grey space in India. It is neither authorized nor unlawful. A parliament member, India’s finance secretary, and the minister of finance...