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IMF sees climate change, DAOs, CBDC as threats to Marshall Islands, urges reforms
11.7.2023
Entering the crypto economy is not a good idea for a country with “capacity constraints” and no central bank, the IMF thinks
UK Law Commission recommends 'distinct' legal category for crypto
3.7.2023
The U.K.’s Law Commission highlights four major recommendations to reform laws relating to cryptocurrency use and ownership
European Banks to Disclose Exposure to Crypto Assets
29.6.2023
Banks in the European Union will have to disclose their exposure to cryptocurrencies, EU institutions announced. The obligation will be introduced under a deal to implement globally agreed regulatory standards meant to improve the resilience of the financial institutions. Deal Reached to Finalize...
House Republicans Introduce Bill To Fire US SEC Chair Gary Gensler and Make Other Reforms
12.6.2023
House Republicans filed a bill on Monday that would fire US Securities and Exchange Commission Chair Gary Gensler and restructure the agency.
Reps. Tom Emmer and Warren Davidson introduced the SEC Stabilization Act, to “remove Chairman Gensler following his long series of abuses that have been...
US Treasury Secretary Rules Out Government Bailout of Silicon Valley Bank
12.3.2023
U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put in place after the 2008 financial crisis were aimed at preventing the need for government bailouts....
Here's why India held on to older crypto reforms in national budget 2023
1.2.2023
Experts opine that the Indian government needs more data and time to decide on rigid tax policies, given it has been only ten months since the tax laws were introduced in March 2022
UK pushes crypto efforts forward through financial services reforms
9.12.2022
The reforms include regulating stablecoins as a means of payment and creating a sandbox where firms and regulators can test new financial technologies
UK Extends Crypto Tax Break for Investment Managers in Financial Reforms
9.12.2022
Rishi Sunak’s government has already legislated to use stablecoins as a means of payment as he seeks to make the country a crypto hub
DAO Legal Reforms in Spotlight as UK Law Commission Seeks Views
16.11.2022
A consultation published today looks at issues like governance, structure, money laundering and taxes
RichQUACK reforms its roadmap embraces DEX features
14.11.2022
RichQUACK has released a new roadmap with a more comprehensive look at the project’s future steps. The popular meme coin project is pivoting away from metaverse growth after many setbacks and the loss of personal assets in favor of features more akin to a decentralized exchange (DEX)....
UK Law Commission to review international laws on crypto to consider legal reforms
18.10.2022
The legal review authority will work to compile law reform proposals for public consultation in the second half of 2023
Japan considers implementing tax reforms to prevent capital flight of crypto startups
25.8.2022
Industry experts say that the current scheme is stifling domestic innovation in the virtual currency sector
Lebanon Ponzi Finance: World Bank Says Politicians Are to Blame for the ‘Deliberate Depression’
8.8.2022
Deliberately insufficient policy responses by successive Lebanese governments combined with the self-serving agreements by politicians are largely to blame for the country’s economic crisis, a report by the World Bank has said. The report concludes that the country needs to seriously engage...
UK Law Commission Publishes Proposals to Reform Laws Relating to Digital Assets — Says Reforms Must Not ‘Stifle Development’
28.7.2022
According to the Law Commission, the United Kingdom statutory body, digital assets play an increasingly important role in modern society and as such, the law relating to these must be reviewed. Reforming the laws will not only protect the rights of users and maximize the potential of digital assets...
Law Commission for England and Wales proposes reforms for digital assets
28.7.2022
The U.K. Law Commission called for cryptocurrencies and digital assets to be classed as “data objects” in new reforms aimed at fostering growth and legal protection
Activision Blizzard Devs Demand Breastfeeding Protections And Other Reforms
25.5.2022
10 months after a California lawsuit alleged widespread sexual harassment and discrimination at Call of Duty publisher Activision Blizzard, employees at the company don’t feel like it’s made the necessary changes and have created a worker committee to demand further reforms. Chief among them...
El Salvador's Bukele Says 52 Bitcoin Reforms Are ‘In the Oven', Critics Hit Out at Lack of Adoption Benefits
9.3.2022
On the six-month anniversary of El Salvador’s adoption of bitcoin (BTC) as legal tender, President Nayib Bukele stated that he will unveil 10 new BTC-specific legal reforms next week – with over 40 more to come.
The reforms are likely to center on ways the state can issue bitcoin bonds – which...
Australian government gives nod to 6 world leading crypto reforms
8.12.2021
“What is clear is that if we embrace these developments, Australia has an enormous opportunity to capitalize on the convergence between finance and technology,” Treasurer Josh Frydenberg said
Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push
25.7.2021
Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish banking industry organization voiced support for the changes aimed at disrupting illicit transactions at the union level while calling them...
UK chancellor names CBDC on list of financial reforms for Treasury
1.7.2021
“While I believe in the power of new technology, we also need to manage its impact on our economy and society,” said Rishi Sunak