In a groundbreaking development, Japan implemented a legal framework for stablecoins on Thursday, June 2022, ushering in a new era of cryptocurrency regulation.
Regulation News
The U.S. Commodity Futures Trading Commission (CFTC) has launched a public consultation on potential revisions to its risk management programs for swap dealers and futures commission merchants, proposing an overhaul of its risk management rules.
Republicans in the U.S. House of Representatives Patrick McHenry and Glenn Thompson of Pennsylvania released a draft bill on Friday.
In a major development for the cryptocurrency industry, the state of Texas successfully passed two bills related to cryptocurrency mining, while a controversial bill that could have adversely affected miners was defeated at the committee stage.
In a major development, the European Union (EU) has officially signed its groundbreaking Markets in Cryptoassets (MiCA) regulation into law.
To address the challenges posed by cryptocurrency regulation, the World Economic Forum (WEF), in partnership with its Digital Currency Governance Alliance, has published a white paper.
Dubai, United Arab Emirates, in an effort to strengthen its cryptocurrency regulatory framework, the Dubai Financial Services Authority (DFSA) plans to update its rules on digital assets.
Although the impact on the traditional financial system is minimal, potential systemic risks remain prominent.
Wu Wenqian, a practicing lawyer of the High Court of the Hong Kong Special Administrative Region, clarified the huge obstacles faced by virtual asset trading platforms in applying for licenses in Hong Kong.
To promote the widespread adoption of stablecoins and tokenized assets, the European Commission is considering measures to make it easier for commercial lenders to hold these digital currencies.
David Schwed, former head of digital asset technology at Bank Mellon, highlighted the critical role of rules that strengthen blockchain security in the adoption of cryptocurrencies.
Zambia’s testing of cryptocurrencies, including Bitcoin, is nearing completion, according to recent reports.
In a recent interview, MicroStrategy co-founder and CEO Michael Saylor expressed his thoughts on the regulator’s stance on cryptocurrencies.
Presidential candidate Robert F. Kennedy Jr. hit a milestone at the Bitcoin 2023 conference today, expressing his unwavering support for Bitcoin and sharing his personal experience with the cryptocurrency.
In a recent report, a British parliamentary committee recommended that cryptocurrencies such as bitcoin and ethereum be considered gambling because they pose significant risks to consumers.
Ahead of this week’s congressional hearings, Rep. Maxine Waters, a Democrat from the U.S. House of Representatives, released her proposed draft stablecoin legislation.
ATLANTA, May 15, 2023 – During a question-and-answer session at the 27th Annual Financial Markets Conference hosted by the Federal Reserve Bank of Atlanta, U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler addressed the widespread Non-compliant and risky business models in the cryptocurrency market.
Following a U.S. congressional hearing on cryptocurrencies, a leaked internal memo circulating among Democratic members of the House Financial Services Committee shows that they advocate for the U.S. Securities and Exchange Commission (SEC) to be the primary regulator for cryptocurrencies.
Hester Peirce, one of five U.S. Securities and Exchange Commission (SEC) commissioners, has warned that the U.S. could fall behind the European Union and the U.K. in cryptocurrency regulation if it fails to enact clear rules.
U.S. House Financial Services Committee Chairman Patrick McHenry and Digital Assets, Fintech and Inclusion Subcommittee Chair French Hill have sent a comment letter to the U.S. Securities and Exchange Commission (SEC), urging the regulator to roll back its proposed cryptocurrency custody rules.