by COINS NEWS - 3 months ago
The rapid expansion of stablecoins, particularly in emerging economies, has alarmed the Financial Stability Board (FSB). This international organization, established by the G20 to monitor global financial stability, has called for stringent reg...
Bitcoin News / Bitcoin.com - 3 months ago
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of ce...
Bitcoin News / Bitcoin.com - 3 months ago
According to Nagel Paulino, head of the Central Bank’s regulatory department, the Central Bank of Brazil hopes to finalize cryptocurrency market regulations by 2025. The institution will conduct a second public consultation to finalize the draf...
Bitcoin News / Google News Bitcoin - 3 months ago
If History Repeats, Could Bitcoin Face 1930s-Style Regulation? Should You Support Trump?& & Coinpedia Fintech News
Cryptocoins News / Blockchain - 3 months ago
The US election could dramatically reshape crypto policy, with key figures like Kamala Harris and Donald Trump taking center stage. (Read More)
Bitcoin News / Bitcoin.com - 3 months ago
Senator Elizabeth Warren has called for stricter regulations to address the risks of foreign-owned cryptocurrency mining facilities in the U.S. She highlighted the environmental and national security threats, especially from Chinese-owned operations,...
Bitcoin News / Bitcoin.com - 3 months ago
Ripple CEO Brad Garlinghouse believes that U.S. Vice President Kamala Harris “has an incredible opportunity to provide a reset on critical issues for U.S. competitiveness (like crypto regulation).” He noted that she is no stranger to Sili...
Cryptocoins News / CoinJournal - 3 months ago
The UAE Central Bank approved a framework for stablecoin regulation which allows only dirham-backed stablecoins to be used for payments.
Cryptocurrency like Bitcoin and Ethereum will be restricted to trading, investment, and corporate treasury purpo...
Bitcoin News / Bitcoin.com - 3 months ago
Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for r...
Bitcoin News / Google News Bitcoin - 3 months ago
Bernstein says market has not priced in positive shift in crypto regulations under potential Trump victory& & The Block
Bitcoin News / Bitcoin.com - 3 months ago
While regulations are generally meant to protect consumers, in practice, they create hoops for crypto companies to jump through, thus diminishing the overall user experience, said Ivo Georgiev, co-founder and CEO of Ambire Wallet. Georgiev argues tha...
Bitcoin News / Bitcoin.com - 3 months ago
Hong Kong regulators announced the conclusion of a stablecoin regulation consultation phase that saw stakeholders provide 108 submissions. The regulators claimed that the proposed regulatory requirements received positive feedback from stakeholders....
Bitcoin News / Bitcoinist - 4 months ago
According to the latest report from The Irish Independent, San Francisco-based financial services provider Stripe has now broadened its cryptocurrency support to Europe.
The expansion means users across the European Union can now buy Bitcoin and Ethe...
Bitcoin News / Bitcoinist - 4 months ago
Amid the continued growth of cryptocurrencies, Hong Kong is now taking notable strides towards establishing a comprehensive regulatory environment for stablecoins.
The Financial Services and the Treasury Bureau (FSTB) of Hong Kong announced imminent...
Cryptocoins News / Finance Magnates - 4 months ago
South
Korean cryptocurrency exchanges are racing to implement new monitoring systems
as the country's first comprehensive law on virtual asset user protection is
set to take effect this Friday, July 19. The Virtual Asset User Protection
Act (VAUPA) i...
Bitcoin News / Google News Bitcoin - 4 months ago
SEC Enforcement Director Calls for Stronger Crypto Regulation Citing Rising Investor Harm& & Bitcoin.com News
Bitcoin News / Bitcoin.com - 4 months ago
Gurbir S. Grewal, Director of the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement, addressed crypto regulation at the William & Mary Business Law Review’s Symposium earlier this month. He stressed the need to enforce...
Bitcoin News / Bitcoin.com - 4 months ago
House Majority Whip Tom Emmer has criticized U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, accusing him of “regulation-by-harassment,” and calling for his dismissal. The congressman has consistently opposed GenslerR...