Home - Regulation - Page 3

Regulation

Regulation

20 Jan 2022

Indonesia Islamic Council Still Against Cryptocurrency

The Tarjih Council and the Central Executive Tajdid of Muhammadiyah, one of Indonesia's major non-government Islamic organizations, have issued a new fatwa prohibiting Muslims from using cryptocurre

Regulation

20 Jan 2022

Ripple vs. SEC Lawsuit: Case Coming to An End

Ripple has won a tiny victory in its over-a-year-long legal battle with the Securities and Exchange Commission (SEC). Ripple has been granted access to emails within the SEC by a federal judge, whic

Regulation

13 Jan 2022

The Pakistani Government Still Want to Ban Crypto

The Pakistani government is pressing for a complete ban on cryptocurrency activities such as trading and mining, according to a report presented to the Sindh High Court (SHC) today and published by

Regulation

10 Jan 2022

Estonia and the US Partners to Regulate Crypto

“The U.S. is one of the most important partners in the field of security in Estonia, and also in financial matters. We highly value cooperation with the U.S. in the prevention of money laundering, i

Regulation

09 Jan 2022

Pakistan Investigating Binance in a $100 Million Crypto Scam

After receiving many complaints about an ongoing scam that involves investors being duped into transmitting funds from Binance wallets to unknown third-party wallets, Pakistan's federal authorities

Regulation

05 Jan 2022

Crypto.com Ads Banned By UK Regulator

As part of its ongoing fight against digital assets, the UK's advertising authority has banned two "misleading" commercials by Crypto.com.The first ad, which said "purchase Bitcoin with credit card

Regulation

04 Jan 2022

Estonia Has No Plans of Banning Crypto

The Estonia Ministry of Finance said on Sunday that new draft legislation for virtual asset service providers (VASPs) will not prohibit customers from owning or trading cryptocurrency, but the propo

Regulation

01 Jan 2022

Analysis: SEC vs. Ripple Lawsuit Could Come To An End In April

According to attorney Jeremy Hogan, the spectacular lawsuit between the US Securities Exchange Commission (SEC) and payments processor Ripple over the XRP cryptocurrency is now nearing its conclusio

Regulation

27 Dec 2021

Binance Gets Regulatory Nod From Bahrain and Canada

Binance, the world's largest cryptocurrency exchange, has received an MSB license from Canadian regulatory authorities to offer cryptocurrency services as the year draws to a close. The firm also ga

Regulation

26 Dec 2021

Binance Gets Fined $750k By Turkey

Binance Turkey was reportedly fined 8 million lira by the Financial Crimes Investigation Board (MASAK) for allegedly violating the Prevention of Laundering Proceeds of Crime monitoring system. Th

Regulation

17 Dec 2021

CBDC Pilot Project in Kazakhstan

Kazakhstan has published the outcomes of a pilot program for hits digital teng. This nation is responsible for one of the biggest sources of power for Bitcoin mining hash. A report published on Wedn

Regulation

15 Dec 2021

Cyprus Official Promotes Crypto

Like many other nations, Cyprus is making moves in the cryptocurrency space. The country is going towards regulating the cryptocurrency industry. To this effect, the nation’s ministry published the

Regulation

14 Dec 2021

Bank in Ukraine Using Stellar to Launch Project

A bank called Tascombank is commencing a pilot project. Tascombank is one of Ukraine’s longest-running banks in the commercial sector. The project that they will be piloting is on Stellar. The proje

Regulation

14 Dec 2021

USDT Stablecoin Becomes Legal Tender in Myanmar

Myanmar has made some breakthroughs in cryptocurrency adoption. Myanmar’s government has made the USDT (United States Dollar-based stablecoin Tether) an official currency. This is a development by t

Regulation

13 Dec 2021

South Africa’s Authorities plan on Protecting Investors in Crypto

In a bid to protect vulnerable investors of crypto in South Africa, the authorities have decided to make more efforts to ensure investors are exposed to less risk. The commissioner of South Africa’s

Regulation

11 Dec 2021

Puerto Rico: Fighting Corruption with Blockchain

More controversy erupted in Puerto Rico recently. This scandal has caused Puerto Rico’s government to consider blockchain technology to curb corruption. The speaker of the house of Puerto Rico’s leg

Regulation

11 Dec 2021

Greener Bitcoin Mining Possibilities in Brazil

Lawmakers in Brazil are considering a new proposal regarding green Bitcoin mining. The proposal is for taxation exemptions for mining that utilizes green energy sources. The proposal also calls for

Regulation

09 Dec 2021

Benefits found in Aussie Project Atom Project

Recently, the RBA (Reserve Bank of Australia) released a report on their 2-year long research project. This project was regarding wholesale CBDCs (central bank digital currencies). It focussed on th

Regulation

09 Dec 2021

Crypto Execs ask US Congress Clarity on Regulations

A number of executives of some leading crypto enterprises in the U.S. had the opportunity to present your concerns to the House Committee on Financial Services regarding cryptocurrency regulations.

Regulation

08 Dec 2021

CIA Working on Crypto Projects

The present head of the Central Intelligence Agency, William Burns said that the former director of the government organization started projects related to collecting insights on cryptocurrency. He

Regulation

08 Dec 2021

Australia Approves Crypto Reforms to Come

Australia is taking crypto matters head-on. At present, the Australian government is contemplating rolling out a central bank digital currency. It is also in support of a number of progressive regul

Regulation

03 Dec 2021

Indonesia Religious Council Declare Crypto Illegal For Muslims

Indonesia’s council of religious leaders has declared that Muslims are forbidden from using crypto due to the elements of uncertainty, wagering, and harm. Asrorun Niam Sholeh, the head of religious

Regulation

03 Dec 2021

Paraguay legislators Contemplating Crypto changes

Paraguay wants to make progress in the crypto sector. El Salvador legalized cryptocurrency as legal tender. Another government in the region that is considering the same is Paraguay. Paraguay is co

Regulation

02 Dec 2021

COINBASE CEO THINKS THERE ARE TOO MANY REGULATORS

CEO of Coinbase, Brian Armstrong, recently revealed his feelings towards the number of regulators in th U.S. hinting that they are simply just too many. The crypto exchange company went into a me

Regulation

01 Dec 2021

Are Emerging Concerns and Regulations Fitting?

When it comes to sanctions, regulators can not enforce regulations, when it comes to crypto. For this reason, organizations like the International Monetary Fund (IMF) and the World Bank have issues

Regulation

01 Dec 2021

India Crypto community misinterpreted private crypto ban, says crypto bill creator

A ban was recently announced in India. The creator of this cryptocurrency bill, Subhash Garg, the former Finance Secretary disagreed with the idea of banning private crypto. The Former Finance Secre

Regulation

01 Dec 2021

India Chooses to Regulate Crypto Instead of Banning It

India has shared its plans to regulate cryptocurrency instead of banning it altogether like it previously intended. The Prime Minister of India, Narendra Modi, led a meeting in which officials, w

Regulation

29 Nov 2021

Thailand Encouraged to Allow Crypto-Tourism

Local Thai media says a drive for economic growth by focusing on digital nomads is coming closer to reality for Thailand. The body responsible for the matter, the Tourism Authority of Thailand (TAT)

Regulation

28 Nov 2021

Tough Rules Proposed by South Korea Regulator

A report was released recently by South Korea’s Financial Services Commission (FSC), relating to crypto investment in South Korea. This report outlined a new definition of cryptocurrencies. It also

Regulation

28 Nov 2021

German Coalition Customizing law to fit Cryptocurrency

In a coalition agreement, Germany’s new government has noted cryptocurrency and is advocating for a fair means of doing business for both traditional finance and the innovative fintech industry.

Regulation

26 Nov 2021

India Announces Crypto bill and Crypto prices Tank

Cryptocurrency prices on WazirX’s stock exchange in India plummeted after it was announced that it would ban all private cryptocurrencies. Panic selling ensued after regulatory discussions broke

Regulation

24 Nov 2021

The Relevance of Barbados’ Metaverse

Recently one government purchased virtual land and “erected” a metaverse embassy. Some think it’s Barbados is doing a little bit of a PR stunt. However, most of us would agree that governments gener

Regulation

24 Nov 2021

An Unlikely Leader: El Salvador in Technology Adoption

There is only one country in the whole world that has accepted bitcoin as legal tender and that country is El Salvador. This is certainly a bold and progressive move. Not only have they accepted thi

Regulation

24 Nov 2021

China’s Ban on CryptoCurrency

China has made international waves on its ban on cryptocurrencies and blockchain technology. They have cracked down on some other technologies as well. Several companies have felt the repercussions.

Regulation

28 Oct 2021

Joseph Stiglitz Wants Regulators To Ban Cryptocurrencies

Joseph Eugene Stiglitz, an American economist and public policy analyst, has called on global regulators to ban cryptocurrencies for their role in destroying the existing financial system.  Accor

Regulation

06 Oct 2021

The United States Doesn’t Support China’s Decision To Ban Bitcoin

Gary Gensler, chairman of the United States Securities and Exchange Commission (SEC), stated during a conference with members of Congress that the commission has no plans to ban Bitcoin an

Regulation

06 Oct 2021

SEC Investigating USDC Issuer Circle

Only four months since its first announcement to go public at $4.5 billion valuations via a special purpose acquisition(SPAC) merger, stablecoin USDC issuer, Circle has revealed that the company has

Regulation

02 Oct 2021

Bitcoin Mining Ban Finally Lifted In Iran

The Iranian government has officially lifted the ban on bitcoin mining after the country’s former president, Hassan Rouhani, suspended all mining activities three months ago, local media Iran Intern

Regulation

07 Sep 2021

NFL Imposing Crypto Restrictions on Teams

We have all seen cryptocurrency adoption becoming rampant throughout the years due to its huge success. But even with all of that, there are still those who see it as a bad development or a scam sch

Regulation

04 Sep 2021

Vast Bank is The First U.S Bank To Offer Crypto Services

Vast Bank just became the first bank in the United States with FDIC insurance and a Federal Reserve charter to offer Bitcoin services. The announcement came after it was approved by the OCC (Off

Regulation

31 Aug 2021

Countries That Have Banned/Restricted Crypto

Ever since its creation in 2009, Bitcoin has been controversial; so have have the subsequent cryptocurrencies that followed in its wake. Bitcoin is widely criticized for its fickleness, its use in f

Regulation

30 Aug 2021

Tax Reporting Proposal Creates A Defining Moment For The Crypto Industry

A little segment of the $1 trillion infrastructure bill has produced a flurry of campaigning from the cryptocurrency industry, making a pivotal turning point for the sector's quality in Washington.

Regulation

27 Aug 2021

Cuba Becomes The Latest Country to Regulate Crypto for Payments

Starting today, Cuba has regulated cryptocurrencies for payments on the country in a move that could help to circumvent American sanctions. In a resolution published in the Official Gazette on Thurs

Regulation

13 Aug 2021

Most Recent Cryptocurrency Tax Moves in the U.S. Clarified

The Internal Revenue Service in the US is again playing an acceptable and awful cop with Americans. These vague tax bills proposed by senators got mixed reactions from the digital currency community.

Regulation

26 Jul 2021

Amazon ‘certainly’ arranging Bitcoin usability and token, affirms insider

Amazon involved on digital currency Amazon is hoping to acknowledge Bitcoin usability'before the year's over', and is exploring its own token for 2022, says an insider. The web behemo

Load More