Search
New Emails Reveal Microsoft Wanted To Buy Sega, Bungie
27.6.2023
Microsoft is currently in court trying to move forward with its massive deal to acquire Activision Blizzard. But new emails, which surfaced during the ongoing court hearing, reveal that Xbox was discussing plans to buy up other video game studios and publishers, including Sega, Bungie, Niantic,...
House Financial Services Republicans Blast SEC’s Proposed Rule, State Gensler Is Pushing ‘His Own Personal Views Regarding Digital Assets’
15.6.2023
Republicans of the House Financial Services Committee have criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, stating he is using Rule 3b-16 amendments to impose his views on cryptocurrency assets. In a letter sent to the SEC, republicans push back against the new proposed...
House Republicans Call on the SEC To Withdraw Proposed Rule That They Say Could Affect Decentralized Exchanges
15.6.2023
A proposed Securities and Exchange Commission rule would shut down the development of the digital asset industry and should be withdrawn, House Republicans said.
A group of lawmakers in the House Financial Services Committee wrote to the SEC this week criticizing the proposed rule that they...
U.S. SEC Out-of-Bounds in Dragging DeFi Into Proposed Exchange Rule, Industry Says
13.6.2023
The U.S. Securities and Exchange Commission (SEC) wants to stretch how it identifies exchanges it needs to regulate, and the agency’s inbox is jammed with crypto industry letters accusing it of reaching well beyond its legal powers and potentially forcing rules on services the platforms need, such...
UK Has No Plans for 'Crypto Tsar' Proposed by Some Lawmakers, Minister Says
13.6.2023
Economic Secretary to the Treasury Andrew Griffith reiterated the government's position that crypto should not be treated like gambling
Economist Discusses BRICS Currency’s Prospect of Becoming Global Currency
7.6.2023
Economist Alexis Habiyaremye from the University of Johannesburg says that a proposed common BRICS currency, if used effectively and systematically for all trade transactions between BRICS nations, would “alleviate the burden on these countries to finance” the “disproportionate advantage that...
US lawmakers aim for crypto regulatory clarity with proposed bill putting the screws to SEC
2.6.2023
The framework under the bill would allow certain tokens to qualify as digital commodities if they were decentralized and crack down on the SEC's previous approach to crypto
Lula Proposes to Revitalize South America Union USAN; Reinforces Need of Shifting Away From US Dollar
1.6.2023
Luiz Inacio “Lula” Da Silva, President of Brazil, remarked on the need to retake South American integration mechanisms through the Union of South American Nations (USAN). Lula also proposed to shift away from the U.S. dollar by using a standard reference currency for bilateral...
Deal to avoid US debt default nixes proposed 30% crypto mining tax, says Ohio lawmaker
29.5.2023
According to Representative Warren Davidson, legislation to address the U.S. debt ceiling blocks “proposed taxes,” including a 30% tax on electricity used by crypto miners
Xi Jinping and Putin Discuss BRICS Cooperation With Brazil’s President
27.5.2023
Chinese President Xi Jinping and Russian President Vladimir Putin engaged in phone conversations with Brazilian President Luiz Inácio Lula da Silva regarding their joint work within the BRICS group ahead of the economic bloc’s leaders’ summit. Lula has been a vocal advocate of ditching...
US Sen. Lummis Says President Biden Is Picking ‘Winners and Losers’ With Proposed Crypto Mining Tax
27.5.2023
The Biden administration is picking “winners and losers” in a proposal to tax cryptocurrency miners, US Sen. Cynthia Lummis said in a tweet on Thursday.
The Wyoming Republican called Biden’s proposed 30 percent tax a “blatant attempt by the administration to pick winners and losers.”
“I will...
French lawmakers agree to loosen rules in proposed crypto influencer bill
26.5.2023
Previously, the bill restricted influencer marketing to only licensed crypto firms, of which there are currently none in France
Crypto, TradFi Broadly Welcome IOSCO’s Proposed Norms for Digital Asset Markets
24.5.2023
The global regulator for securities markets released its first set of policy recommendations for the crypto sector on Tuesday
Bill Seeks to Oblige South Korean Lawmakers to Declare Crypto Assets
24.5.2023
A new bill requiring South Korean lawmakers to disclose their cryptocurrency holdings has been proposed in Seoul. The legislative initiative comes amid a snowballing scandal surrounding the crypto dealings of an opposition lawmaker whose case has been referred to the parliamentary ethics committee....
Expert Claims Proposed BRICS Common Currency Poised to Undermine US Dollar Dominance
20.5.2023
A recent report from China’s Global Times reveals that Zhou Yu, an international finance research director at the Shanghai Academy of Social Sciences, believes that the proposed BRICS cross-border currency is a significant step in challenging the dominance of the U.S. dollar. Zhou asserts...
Where the SEC’s Proposed Custody Rule Comes Up Short for Crypto
18.5.2023
Financial advisors looking for clarity on crypto and digital assets from the SEC’s proposed changes to Custody Rule 206(4)-2 won’t get everything they want
Where the SEC’s Proposed Custody Rule Comes Up Short for Crypto
18.5.2023
Financial advisors looking for clarity on crypto and digital assets from the SEC’s proposed changes to Custody Rule 206(4)-2 won’t get everything they want
Fiat-backed stablecoins could be used to post bail in New York under proposed bill
11.5.2023
A New York lawmaker has introduced a new bill that proposes to allow certain stablecoins to be accepted as payment for bail
Crypto Industry Asks UK to Think Globally as Government Closes Consultation on Proposed Rules
10.5.2023
The U.K. opened its plans for regulating the crypto sector for public comment back in February
'War on crypto' — Newly filed letters lambast proposed SEC custody rules
9.5.2023
Industry representatives have cast doubt on the legality and impact of the U.S. securities regulator's proposal to expand custody rules