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Fed Vice Chair Pick and Ex-Ripple Adviser Tells Senators Crypto Needs Regulation
19.5.2022
Former U.S. Treasury official and Ripple adviser Michael Barr fielded questions about crypto at his Senate nomination hearing
NYDFS Chief Says Regulators Need to Develop a ‘21st Century Framework’ for Crypto
19.5.2022
New York’s top financial regulator believes the current approach to digital asset regulation – both at the state and federal level – is due for an update
New York Bitcoin Miners Start to Give Up on State Amid Regulatory Uncertainty
19.5.2022
The state was once a draw for bitcoin miners, but environmental concerns are weighing on the industry
How Do You Tax an NFT?
19.5.2022
Plans to share bitcoin data with foreign tax authorities may be hard to adapt to transparent, decentralized blockchains – but once in place, new rules are hard to shift
Coinbase launches new crypto think tank to help shape policies
19.5.2022
Coinbase’s new “crypto native think tank” features an advisory board of finance and law academics from top United States universities and will publish original research to shape policies around crypto
Bank of England’s Cunliffe Warns Crypto Will See Tough Times as Federal Reserve Tightens Financial Conditions
19.5.2022
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned of hard times ahead for cryptocurrency investors as the Federal Reserve and other central banks tighten monetary policy. Bank of England’s Executive Warns About Crypto Sir Jon Cunliffe, deputy...
US Appeals Court Orders SEC to Bring Enforcement Actions to Jury Trials
19.5.2022
The 5th Circuit Court of Appeals in the U.S. found that the target of an SEC enforcement action's constitutional rights were violated by the use of an in-house SEC judge, rather than a jury trial
CFTC Chair Indicates Agency Will Increase Crypto Enforcement: Report
19.5.2022
Rostin Behnam said the agency was facing a rapidly increasing number of cases and would add resources to address crypto fraud
Biden Administration Wants Crypto Exchanges to Separate Customer and Corporate Funds
18.5.2022
U.S. President Joe Biden’s administration will press Congress to demand cryptocurrency exchanges keep their customers’ money separate from their own corporate funds, according to a person familiar with the plan that could constrain the way the industry does business
El presidente de El Salvador promueve la adopción de bitcoin entre países emergentes
18.5.2022
Nayib Bukele recibe a representantes financieros de 44 economías en desarrollo en la reunión anual de la Alianza para la Inclusión Financiera
SEC’s Gensler Uses Crypto Oversight Needs As Case for Higher Budget
18.5.2022
Gary Gensler, the head of the Securities and Exchange Commission, made a pitch for a higher budget Wednesday, telling lawmakers in the U.S. House of Representatives that he wants to do more as a cop on the cryptocurrency beat. He cited the collapse of TerraUSD (UST) as evidence for the need...
Binance Seeking ‘Ideal Point’ for India Launch
18.5.2022
Hiring moves, active consultations and monitoring of the regulatory environment indicate an eminent launch of Binance in India
El Salvador’s Nayib Bukele Promotes Bitcoin Adoption by Emerging Countries
17.5.2022
Bukele is hosting financial representatives from 44 developing economies as part of annual meetings of the Alliance for Financial Inclusion
Dutch Finance Official Wants to Ban Retail Investors From Trading Crypto Derivatives
17.5.2022
Regulators think options and futures should only be for professional investors, but the Authority for Financial Markets doesn’t yet have powers for a UK-style ban
India’s Central Bank RBI Warns Crypto Could Lead to Dollarization of Economy
17.5.2022
India’s central bank, the Reserve Bank of India (RBI), has expressed concerns that cryptocurrencies could lead to the dollarization of a part of the Indian economy. “It will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system...
Portugal to Tax Cryptocurrency Income According to Minister of Finance
17.5.2022
Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains...
US Agencies Warn of Attempts by North Koreans to Get IT Jobs While Concealing Nationality
16.5.2022
In many cases, these workers say they are U.S.-based and/or non North Korean teleworkers, and they often take on virtual currency projects, the agencies said
Regulator's Proposal to Ban Indian Celebrities From Endorsing Crypto Has Not Been Discussed by Ad Policy Body
16.5.2022
India's market regulator, the Securities and Exchange Board of India, has suggested that no celebrities should endorse crypto products
Portugal Makes U-Turn on Cryptocurrency Tax
16.5.2022
The Finance Minister in Portugal has confirmed that cryptocurrency will be subject to taxation in the near future
German Regulator Calls For New DeFi Laws
16.5.2022
BaFin's Birgit Rodolphe said decentralized applications like insurance, lending and securities could be subject to significant fraud and losses, and called for EU-level laws