One of the crypto industry's major players seeks to boost the public debate on how to best fit digital assets into the regulatory perimeter.
Regulation News
Crypto regulation is an umbrella term for the network of laws, statutes and legal practices surrounding the crypto and blockchain industries. Since Bitcoin's 2008 white paper, the legal status of these industries has been the subject of a huge amount of conversation. Lawmakers and regulators have had to cope with an entirely new set of concerns. Some governments have reacted hostilely, seeing crypto as a threat to monetary control. Others have embraced the industry for its capacity to link distant economies and facilitate trustless transactions across the globe. But most of the world is still figuring out exactly how to legislate, regulate and prosecute the set of laws surrounding such a young industry.
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The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject.
1800As the crypto industry continues to develop at a rapid pace, so do the ransomware attacks, but regulators now seem ready to step in.
1001Amid the weight of regulatory scrutiny, Binance continues to grow its international compliance team for better relations with financial regulators.
2525Russia’s Irkutsk region saw its energy consumption rates surge by 160% following China’s crackdown on crypto mining.
4292The Russian president has not excluded the possibility that, at some point, crypto will become a “means of accumulation.”
4245The think tank wants to ensure the United Kingdom keeps pace with the developments in the emerging digital landscape.
2739Financial leaders from the G7 agree that CBDCs would complement cash and should not be detrimental to the monetary system.
7381The central bank official spoke about the risks that cryptocurrencies and stablecoins may pose when connected to traditional financial systems through individuals, financial institutions, hedge funds and banks.
2871Hedge fund manager Mark Yusko believes cryptocurrencies will generate “untold wealth” by powering the Internet of Value.
8684About 400 crypto businesses in Estonia still hold licenses after the state revoked nearly 2,000 licenses last year.
9462Andreessen Horowitz executives will seek to guide U.S. policymakers on standards for crypto and Web 3.0.
2177Binance is taking more measures to comply with China’s cryptocurrency crackdown with new restrictions in the mainland.
5500Volt recently received approval for an ETF that includes stocks in various crypto-related companies.
3702Australian authorities will be able to seize or freeze cryptocurrencies linked to cybercrime under new legislation.
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