Regulations

In a Senate Banking Commitee press conference this past Wednesday, Federal Reserve Chair Jerome Powell clarified in response to a question on whether a potential Fed CBDC would preclude the existence of privately-issued stablecoins, to…

The International Monetary Fund (IMF), recently warned about a growing connection between crypto and equity markets that pose risks to financial stability.In its recent report, the international body estimated the potential for spillovers…

The world’s largest cryptocurrency exchange has had a turbulent year when it comes to regulation. With market authorities around the globe clamping down on Binance for its alleged failure to comply with local AML laws, the exchange has been…

The Commodity Futures Trading Commission (CFTC) has fined popular crypto prediction market service provider, Polymarket, $1.4 million whilst also ordering it to shut markets that are not in compliance with regulations of the federal…

The host of popular crypto channel Coin Bureau is laying out his predictions about how the crypto bull run might come to an end during 2022. In a new video, the analyst known as Guy tells his 1.83 million YouTube subscribers that a…

Estonian Ministry of Finance released an official clarification of the recently submitted draft legislation that stirred up rumors about a possible ban on cryptocurrencies. According to the rebuttal, the bill, which still needs to undergo…

U.S. Securities and Exchange Commission head Gary Gensler is hiring a crypto advisor as questions persist regarding the nation’s regulatory approach to digital assets. Corey Frayer will advise Gensler on “SEC policymaking and…

The government of Mexico says that it’s planning on releasing a central bank digital currency (CBDC) by 2024. A new post from the Central American nation’s official Twitter account cites the importance of emerging financial…

The Chairman of the Securities And Exchange Board Of India, Ajay Tyagi, stated that domestic mutual funds should refrain from investing in any crypto-related offerings.Tyagi further stated that unless a regulatory law has been introduced by…

Founder and CEO of global cryptocurrency exchange FTX Sam Bankman-Fried is listing three things that are hindering the widespread adoption and growth of cryptocurrencies. Bankman-Fried claims in a tweet that the crypto industry…

In the early crypto era, when only few knew of any cryptocurrency outside of Bitcoin, it was under a constant deluge of criticism. Charlie Munger, the Vice Chairman of Berkshire Hathaway, summed up the attacks this May by describing Bitcoin…

Reports are coming out that Big Four firms Deloitte and PricewaterhouseCoopers (PwC) have asked staff to disclose their crypto holdings in their annual risk assessment procedures.The Big Four is a term that refers to the top accountancy…

A US Senator known for her crypto advocacy is reportedly planning to introduce a bill next year that would overhaul how regulators treat digital assets. Republican Senator Cynthia Lummis of Wyoming, who herself owns Bitcoin (BTC),…

US Senator Cynthia Lummis is planning to introduce a comprehensive digital asset policy bill next year, Bloomberg reported earlier today.The bill would cover everything from stablecoins to taxes and introduce a new regulatory body tasked…

The U.K. Advertising Standards Authority (ASA) has banned two ads promoting AFC, the fan token launched by famous football club Arsenal, ruling that the promos are “irresponsible” and “misleading.”“Because the ads trivialised investment in…

Sam Bankman-Fried, the founder and CEO of digital asset exchange FTX, is proposing methods for regulating cryptocurrencies that ensure consumer protection and trust. Bankman-Fried says in a CNBC interview that crypto assets…

Data compiled by Vulcan Post shows that out of 176 digital payment token (DPT) license applications submitted to the Monetary Authority of Singapore (MAS), 103 have been rejected or withdrawn.The tech media outlet reports that of the…

According to Bloomberg, the Indian cryptocurrency bill has yet again been shelved, with sources confirming that the bill may not be introduced in the winter session of the parliament this year. The sources familiar with the matter also told…

Cryptocurrency exchange giant Binance today announced that it has signed a Memorandum of Understanding with the Dubai World Trade Centre Authority (DWTCA) to “outline the vision of accelerating the set-up of a new industry hub for global…

A high-ranking official at the Bank for International Settlements (BIS) is reportedly calling on financial regulators around the globe to agree on an international regulatory framework for cryptocurrencies next year. Benoît Cœuré,…