Global Regulation Urgently Needed for Banks to Help Clients Invest in Crypto – Regulation Bitcoin News
A globally consistent crypto regulatory framework is urgently needed to allow banks to handle crypto assets on behalf of large...
Regulation
Trudeau Invokes Emergencies Act to End Freedom Convoy Protests — Canada’s Terrorist Financing Rules Now Cover Crypto – Regulation Bitcoin News
The Canadian government has invoked the Emergencies Act to deal with the Freedom Convoy protests, said Prime Minister Justin Trudeau....
ECB Chief Lagarde Says Digital Euro Will Not Replace Cash — But Could Offer Convenient, Cost-Free Means of Payment – Regulation Bitcoin News
The president of the European Central Bank (ECB), Christine Lagarde, says that a digital euro will not replace cash but...
Switzerland’s Largest Bank UBS Expects US Crypto Legislation to Take Time – Bitcoin News
Switzerland’s largest bank, UBS, expects the United States Congress to take a long time to pass cryptocurrency legislation despite mounting...
Canadian Lawmaker Introduces Bill to Encourage Crypto Sector Growth – Regulation Bitcoin News
A bill has been introduced in Canada to encourage the growth of the crypto sector. “Canada should be attracting billions...
India Won’t Legalize or Ban Crypto at This Stage, Finance Minister Confirms – Regulation Bitcoin News
India’s finance minister has revealed the current status of crypto policy in India, including whether crypto will be legalized or...
Cryptocurrency Is a Big Threat to Macroeconomic and Financial Stability in India – Regulation Bitcoin News
The governor of India’s central bank, the Reserve Bank of India (RBI), has reiterated his concerns that cryptocurrency is a...
Russian Government Approves Plan to Regulate Cryptocurrency – Regulation Bitcoin News
The federal government in Moscow has adopted a concept for regulating the Russian crypto space as early as this month....
FDIC Makes Crypto Evaluation a Priority This Year Citing ‘Significant Safety and Financial System Risks’ – Regulation Bitcoin News
The U.S. Federal Deposit Insurance Corporation (FDIC) has named the evaluation of crypto assets a priority this year. “The rapid...
Nigerian Blockchain Advocacy Group Says ‘Crypto Is Legit’ — Calls for Regulation of Industry – Regulation Bitcoin News
The Nigerian blockchain advocacy group, the Stakeholders in Blockchain Technology Association of Nigeria (SIBAN), has said crypto is legit and...
US Treasury Warns NFTs May Present New Illicit Finance Risks – Bitcoin News
The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates,...
US Lawmakers Introduce ‘Virtual Currency Tax Fairness Act’ to Boost Cryptocurrency Use for Payments – Regulation Bitcoin News
Several U.S. lawmakers have introduced the Virtual Currency Tax Fairness Act to strengthen “the legitimacy of cryptocurrency in our digital...
Federal Reserve Bank of Boston and MIT Release Central Bank Digital Currency Research and Open-Source Code – Regulation Bitcoin News
The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology (MIT) have jointly published the initial findings of...
New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms – Regulation Bitcoin News
A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give...
Russians Own $215 Billion in Crypto Suggests Estimate Attributed to Government – Regulation Bitcoin News
Russians may own more cryptocurrency than previously thought, a new estimate reportedly used by the government has indicated. The quoted...
India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions – Regulation Bitcoin News
The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman,...
‘America Competes Act’ Is a Direct Attack on Crypto Industry, Government Is Picking Winners and Losers – Regulation Bitcoin News
U.S. Senator Cynthia Lummis says that the recently introduced “America Competes Act of 2022” is a direct attack on the...
Costs of Making Bitcoin Legal Tender Exceed Potential Benefits – Regulation Bitcoin News
The International Monetary Fund (IMF) has told El Salvador that the costs of implementing the country’s Bitcoin law, which makes...
Russian Government Drafts Roadmap to Regulate, Not Ban Crypto, Report Unveils – Regulation Bitcoin News
A roadmap on cryptocurrencies has been prepared by a number of ministries, regulatory bodies, and law enforcement agencies, Russian media...
Cryptsy CEO Indicted for Defrauding Crypto Investors, Destroying Evidence – Regulation Bitcoin News
The CEO of cryptocurrency exchange Cryptsy has been indicted in the U.S. The 17-count indictment charges the crypto exchange executive...
‘We See Mountains of Fraud in This Area’ – Regulation Bitcoin News
A special agent with the Internal Revenue Service (IRS) says the tax agency is “seeing mountains and mountains of fraud”...
Thailand Announces Cryptocurrency Will Be Regulated as Means of Payment – Regulation Bitcoin News
Thailand has announced that cryptocurrency will be regulated as a means of payment for goods and services “to avert potential...
