Search
Fed's Quarles says regulators should show 'constraint' on stablecoins to avoid hampering innovation
2.12.2021
Quarles said some of the approaches on stablecoin regulation from the President's Working Group on Financial Markets’ November report are unnecessary
Chinese crypto ban poses no threat to local industry media, sources say
2.12.2021
Chinese crypto media are reportedly keeping a low profile on their websites and are focusing on growing communities on Twitter and Telegram
Government Officials Pressuring Activision Blizzard Are Now Threatening The Company's Profits
1.12.2021
State treasurers from California, Massachusetts, Illinois, Oregon, Delaware, and Nevada are calling on Activision Blizzard to take more serious measures in addressing ongoing high-profile investigations and lawsuits about the company’s troubling culture. According to Axios, said treasurers have...
Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: report
1.12.2021
Fed governor Randal Quarles resigned his position effective as of the end of December, while Richard Clarida is expected to leave in January 2022, leaving three vacancies in the group of seven serving at the Federal Reserve
House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets
1.12.2021
The hearing, named Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States, is the latest from Congress to explore the issues concerning crypto assets
Indian Finance Minister Reveals Crypto Bill Had to Be Reworked Before Submitting to Cabinet
1.12.2021
India’s finance minister, Nirmala Sitharaman, has revealed that the previous version of the cryptocurrency bill the government is pushing needed to be reworked. “This bill, once the Cabinet clears, will come into the House,” the finance minister told Rajya Sabha, the upper...
UAE issues first NFT stamps in the Middle East
30.11.2021
The United Arab Emirates has adopted a favorable approach towards crypto. Now, its postal operator is issuing NFTs to commemorate National Day
Finance Committee Approves Legislation Delaying Crypto Tax in South Korea
30.11.2021
Changes meant to postpone the introduction of a tax on virtual assets such as cryptocurrencies in South Korea have been approved by an important parliamentary committee. The draft legislation seeks to delay Seoul’s plan to impose a 20-percent levy on gains from crypto transactions. Ahead...
Crypto's impact on sanctions: Are regulators' concerns justified?
30.11.2021
Cryptocurrencies, including CBDC’s, have now become a part of the narrative on sanctions due to high adoption
India misinterpreted private crypto ban, says crypto bill creator
30.11.2021
India's former finance minister Subhash Garg clarified that "it is misleading to say that private cryptocurrencies will be banned."
Indian Government Answers Questions on Bitcoin Transactions, Karnataka Scam, Legality of Crypto Trading
29.11.2021
The Indian government has answered three sets of questions in parliament regarding bitcoin transactions, the high-profile bitcoin scam in Karnataka, and the legality of cryptocurrency trading and crypto exchanges in India. Meanwhile, the winter session of parliament has begun and a crypto bill...
India’s crypto unicorn CoinDCX has no immediate plans for IPO
29.11.2021
CoinDCX reached a $1.1 billion valuation by raising $90 million in a Series C funding round in August
Singaporean crypto exchange enters India amid regulatory uncertainty
29.11.2021
Singapore's Coinstore crypto exchange has allotted $20 million for opening up three new offices in the Indian market
Ghana’s Minority Lawmakers Reject Government Proposal to Tax Mobile Money Transactions
28.11.2021
The Ghanaian government’s proposal to introduce a 1.75% levy on digital transactions was recently rejected by a minority of lawmakers who insist the new tax derails efforts to help increase the number of adults that are financially included. The Digital Transactions Tax A minority...
Paytm Founder: Crypto Is Here to Stay and Will Become Mainstream in 5 Years
27.11.2021
The founder of Paytm, a major digital payment company in India, is “very positive about crypto.” Noting that cryptocurrency is here to stay, he expects it to become a mainstream technology in a few years. Paytm Founder Is ‘Very Positive About Crypto’ Vijay Shekhar...
Next German Government Calls For Crypto Regulation, Blockchain Investments
26.11.2021
Two months following the country’s general election, three German parties agreed on a program to be implemented by their forthcoming coalition government - and the produced document includes a call for stronger supervision of crypto assets by the European Union’s institutions. ...
Read More: Next...
New German government cites crypto in coalition agreement
26.11.2021
The new German coalition is aiming to make the “European financial market supervisory law” fit for crypto-assets and businesses
Ban or No Ban: Conflicting Reports on Crypto Regulation Coming Out of India
26.11.2021
Ever since the Indian government listed a cryptocurrency bill to be taken up in parliament during the upcoming session that starts next week, much debate has transpired about whether the government will ban cryptocurrencies, such as bitcoin and ether. Crypto Regulation Is Coming but There...
UK Law Commission affirms English and Welsh laws apply to smart contracts
25.11.2021
“The Law Commission’s analysis demonstrates the flexibility of the common law to accommodate technological developments, particularly in the context of smart legal contracts,” said the announcement
European Council approves two digital asset proposals
25.11.2021
A framework for digital assets in Europe is moving ahead in the labyrinth of the European Union