2023-11-6 12:27 |
The U.K. government published plans for regulating crypto last week.
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The U.K. opened its plans for regulating the crypto sector for public comment back in February.
2023-5-10 11:00 | |
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Be[In]Crypto has rounded up the most important stories in the crypto industry ranging from Terra’s rebirth, prediction of an even worse bear market, Paraguay regulating cryptocurrencies, Ripple’s plans to go public, and a new partnership deal.
2022-5-30 12:30 | |
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The UK government announced plans to begin regulating stablecoins, paving their way for use… The post UK to recognize stablecoins as form of payment, Royal Mint releases NFT appeared first on Coin Journal.
2022-4-5 08:52 | |
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The Indian government is readying to regulate crypto as assets instead of enforcing an outright ban on the industry. A report unveiled this news earlier today, citing a Cabinet note. By regulating cryptos as assets, India has declined to recognize coins like Bitcoin (BTC/USD) and Ethereum (ETH/USD) as currencies.
2021-12-5 18:28 | |
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A bill drafted by the Iranian Parliament’s Economic Commission is to set out a framework for regulating cryptos that includes plans to develop a national cryptocurrency. The bill titled “support...
2021-7-2 18:25 | |
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The digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller of the Currency issued a preliminary conditional approval which means the regulating entity still has to authorize the firm’s future banking plans. Paxos Granted Preliminary […]
2021-4-25 00:30 | |
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Inner Mongolia, an autonomous region in northern China, is planning to shut down all cryptocurrency mining activities in the area by April 2021, as part of efforts to improve energy efficiency. Regulating the Electrical Consumption in Inner Mongolia The government of Inner Mongolia will also stop approving new projects in energy-intensive industries such as steel […]
2021-3-3 20:00 | |
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The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country is set to begin regulating the industry in January. Sberbank’s CEO says the bank may issue its own cryptocurrency in collaboration with JPMorgan.
2020-12-2 03:15 | |
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The UK Treasury Department is working on a draft to regulate privately-owned stablecoins. The department disclosed this news on November 9 through an official announcement, noting that it is also researching how it could use a Central Bank Digital Currency (CBDC) as an alternative to cash.
2020-11-10 15:23 | |
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Another country has joined the league of nations actively regulating cryptocurrencies. The Capital Markets Board [CMB], Turkey's regulatory body, has announced its plans to establish a regulatory framThe post Turkey to regulate cryptocurrencies before launch of its digital Lira appeared first on AMBCrypto.
2020-1-6 18:45 | |
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Presidential candidate Andrew Yang has detailed his plans to regulate the digital economy if he were to become the President of the United States. Yang’s recent blog post called “Regulating technology firms in the 21st century,” explains how the candidate believes current American legislators are out of touch with innovative technologies.
2019-11-19 06:30 | |
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Russia’s Ministry of Finance is considering the possibility of regulating cryptocurrencies into three distinct legal categories. The move would allow the country to regulate the industry much easier.
2019-10-2 14:27 | |
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The Netherlands’ central bank, De Nederlandsche Bank (DNB), a member of the European System of Central Banks (ESCB), has announced plans to start regulating bitcoin-linked businesses from January 10, 2020, according to a Reuters report on September 3, 2019.
2019-9-3 21:00 | |
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For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront.
2018-12-3 19:20 | |
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The Financial Action Task Force announced plans to set forth rules regulating cryptocurrency in line with its global AML/CFT standards. This move is geared towards eradicating the use of digital currencies for money laundering and financing terrorism.
2018-10-19 23:04 | |
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Iran’s Supreme Council of Cyberspace (perhaps the coolest name of any government authority) has declared cryptocurrency mining will be officially recognized as an industry, at least within its borders.
2018-9-6 17:25 | |
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The commissioner of Japan’s Financial Services Agency (FSA), Toshihide Endo has declared that the regulatory body prefers to pursue a more measured approach to regulating the country’s cryptocurrency space.
2018-8-24 21:55 | |
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Japan’s Financial Services Agency (FSA) finally refuted recent reports stating that it plans to make some changes to existing cryptocurrency regulations. The FSA is the government agency responsible for regulating the insurance, securities, exchange, and banking sectors in the country to ensure the stability of the financial system.
2018-7-5 16:39 | |
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Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE.
The Bank of England has also started recruiting for its central bank digital currency engagement forum.
The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed.
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money.
The digital pound roadmap is reportedly set to be introduced next week, along with a joint public consultation.
According to Jon Cunliffe, regulators needed to accelerate efforts to find a place for crypto in current frameworks based on the principle of "same risk, same regulatory outcome."