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Kazakhstan President Demands ‘Urgent’ Regulation of Crypto Mining Amid Power Shortages
4.11.2021
Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to maintain power supply for the industry and population, calling for urgent legal regulation of the expanding...
Iran Blockchain Association Offers Help With Crypto Regulations, Says Regulators Are Not Qualified
4.11.2021
The leading crypto industry association in Iran has slammed authorities for their passive stance regarding crypto regulation. The government’s inaction is a source of concern, the organization said, offering its assistance to regulators whom it considers not sufficiently qualified to deal...
Aussie crypto companies keen to embrace regulations says senator
2.11.2021
Australia Senator Andrew Bragg says local crypto founders are keen to embrace regulation in a bid to propel the digital asset sector into the mainstream
Digital Transformation Committee Recommends Amended Ukrainian Crypto Law for Adoption
30.10.2021
The law “On Virtual Assets,” Ukraine’s attempt to regulate its growing crypto space, has been revised again and recommended for final adoption. A key parliamentary committee has given its support for the bill which was vetoed by the Ukrainian president this month. Ukrainian...
Russia’s Constitutional Court Expects to Face Crypto-Related Cases
30.10.2021
The Constitutional Court of the Russian Federation is going to have to deal more and more often with cases involving new kinds of individual rights, its head has recently admitted. Some of them will be related to cryptocurrencies and blockchain technology, the official believes. Constitutional...
Crypto lending firms on the hot seat: New regulations are coming?
29.10.2021
The sheer amount of money invested in the crypto space is causing regulatory dialog to occur at a frenetic pace as regulators struggle to keep pace
US gov attorneys to target individuals and gatekeepers for crypto prosecutions
28.10.2021
Major regulatory agencies plan to work harder to prosecute individuals and companies that have had dodgy dealings with digital assets
Dubai regulator announces new regulations for investment tokens
26.10.2021
The UAE continues to be one of the most friendly jurisdictions worldwide for the digital asset industry
BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals
25.10.2021
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to provide custodian services to institutional...
OTC crypto shops flood Hong Kong, but regulations may impact their presence
24.10.2021
Brick and mortar crypto exchanges are common in Hong Kong, but concerns remain around uncertain regulations that could demolish these shops entirely
Pakistan Government Not Against Crypto Investments, High Court Calls for Regulations
23.10.2021
The executive power will not oppose cryptocurrency investments, a high-ranking government official has told lawmakers in Pakistan. The statement comes as a regional high court has urged the federal government to regulate cryptocurrencies and formed a committee to look into the matter in the coming...
Spanish Banks Interested in Offering Crypto Assets to Their Customers
22.10.2021
Spanish banks are preparing for the possibility of offering crypto assets directly to their customers. According to new regulations, the Bank of Spain must formulate a list of virtual asset service providers and custody companies. However, these institutions are still not sure if they must apply...
Pakistan Court Orders Government To Develop Crypto Regulations
22.10.2021
The Sindh High Court, the top court of Pakistan’s Sindh province, has instructed the country’s government to develop regulations for cryptoassets within a three-month period, and established a committee to look into the legality of such regulations under Pakistani law. ...
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Australia Needs Regulations to Facilitate Crypto Business, Senate Committee Reports
21.10.2021
A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules for its fintech and digital asset industries to be able to compete with jurisdictions that are already attracting...
Competition and Hype Drive Young Crypto Investors, UK Watchdog Finds
21.10.2021
A sizable majority of young investors seeking high-risk opportunities are motivated by competition and hype, a new survey has indicated. They often turn to cryptocurrency and forex products, according to the poll conducted by the U.K.’s financial regulator. FCA Launches...
Pakistani high court orders government to regulate crypto in three months
20.10.2021
The SHC also asked for a report on deliberations surrounding crypto regulations within the same time period
Estonia Considers Revoking Crypto Licenses as Government Mulls Tougher Regulations
16.10.2021
Authorities in Estonia are working on new legislation expected to stiffen the rules for the country’s cryptocurrency sector. The Baltic nation’s regulator for the industry is considering whether to revoke previously issued crypto licenses and restart authorization from scratch....
Right-wing Indian group calls for stricter crypto regulations
15.10.2021
The leader of the conservative Hindu group has called for proper policing of the crypto space along with other stricter measures targeted at the digital space
Binance continues push to become regulated crypto exchange with new hire
14.10.2021
Amid the weight of regulatory scrutiny, Binance continues to grow its international compliance team for better relations with financial regulators
VC firm a16z pursuing crypto lobbying push in Washington
13.10.2021
Andreessen Horowitz executives will seek to guide U.S. policymakers on standards for crypto and Web 3.0