Hong Kong to launch AI regulations for financial markets in push for web3 leadership

As Hong Kong prepares to regulate AI in finance, it continues its efforts to position itself as a global leader in the rapidly growing Web3 and crypto markets. дальше »

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Lawmaker calls on CFTC to regulate election markets as Polymarket activity falters amid uncertainty

Congressman Ritchie Torres has called on the Commodity Futures Trading Commission (CFTC) to regulate election-related prediction markets rather than blocking them. In a letter addressed to CFTC Chair Rostin Behnam, Torres urged the regulator to focus on promoting responsible innovation and working with platforms like Kalshi and Polymarket to ensure such markets are regulated rather […] The post Lawmaker calls on CFTC to regulate election markets as Polymarket activity falters amid uncertainty appeared first on CryptoSlate. дальше »

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Russia to Regulate Cross-Border Crypto Payments by November

Russia legalizes cryptocurrency for foreign trade in an experimental phase. Full regulations are expected by November, with domestic use prohibited. The post Russia to Regulate Cross-Border Crypto Payments by November appeared first on BeInCrypto. дальше »

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Crypto Misuse By Hamas? US Treasury Letter Urges Increased Vigilance – Details

The US Treasury Department is intensifying its efforts to regulate crypto transactions linked to terrorist organizations, notably Hamas, as it seeks to address national security risks associated with virtual assets. дальше »

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Art Is Not a Security

NFTs “expose the incoherence of the SEC’s understanding of what it’s authorized to regulate,” says law professor Brian L. Frye, following news yesterday that the SEC has issued a Wells notice against OpenSea, claiming the NFT platform has violated securities law. дальше »

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Elon Musk voices support for sweeping AI safety regulations

Musk said he was pro-AI regulation “just as we regulate any product/technology that is a potential risk to the public.”

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Russia Set to Launch State-Backed Cryptocurrency Exchanges

Russia is developing national crypto exchanges to regulate digital assets and promote trade, but experts question their viability amid sanctions and legal hurdles. The post Russia Set to Launch State-Backed Cryptocurrency Exchanges appeared first on BeInCrypto. дальше »

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Nigeria to Regulate Crypto: SEC Set to License Exchanges Amidst Growing Adoption

The Nigeria crypto market has been one of the fastest-growing crypto regions in recent years; however, despite this growth, there appears to be no regulation. The latest report from Bloomberg has signaled a shift may finally be on the horizon. дальше »

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Nigerian SEC to grant licenses to crypto exchanges, boosting industry growth

Nigeria's SEC is set to regulate cryptocurrency exchanges as the country's crypto market rapidly expands. дальше »

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Hong Kong lawmaker calls for legal framework to regulate DAOs

A Hong Kong lawmaker calls for a legal framework to regulate DAOs following a court ruling on a decentralized organization. Hong Kong might begin developing a regulatory framework for decentralized autonomous organizations, as lawmaker Johnny Ng Kit-chong advocates for clearer… дальше »

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Nigerian tax authority to introduce crypto regulation bill in September: report

The Federal Inland Revenue Service, Nigeria’s tax authority, plans to introduce a bill to regulate the cryptocurrency sector by the end of 2024. Speaking at a recent stakeholder engagement session with the National Assembly’s Finance Committees, FIRS Executive Chairman Zacch… дальше »

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Dragonfly, Crypto.com Weigh in on CFTC's Proposed Prediction Market Rules

Both parties argue the CFTC's move to regulate prediction markets is an overreach, with Dragonfly arguing that the recent 'Chevron' court ruling limits its power. дальше »

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No immediate plans for crypto regulations in India, says Minister of State

India is not looking to regulate the cryptocurrency sector anytime soon according to Minister of State for Finance Pankaj Chaudhary. Chaudhary’s comments came in response to questions directed to him by GM Harish Balayogi, a member of parliament. Balayogi’s questions… дальше »

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Russia moves to regulate crypto as US sanction pressures rise

Russia's crypto regulation efforts underscore the increasing role of digital assets in geopolitical and economic strategies amid US sanctions. The post Russia moves to regulate crypto as US sanction pressures rise appeared first on Crypto Briefing. дальше »

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Argentina to Regulate Booming Crypto Market

Argentina is rushing to regulate the booming cryptocurrency sector дальше »

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Tether Cracks Down On Cambodian Fraud, Freezes $28 Million In USDT

Tether has frozen $28 million worth of USDT tokens connected to the Huione Group business in Cambodia. This is a big deal in the world of cryptocurrencies. This move comes after claims of theft and money laundering, showing how hard it is to regulate digital currencies. дальше »

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Ethereum Developer Consensys Scores Win Against SEC

A Texas judge has granted Consensys's request to expedite making a decision on whether or not the SEC can regulate Metamask дальше »

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Europe’s MiCA will take effect on Sunday, ushering in a new age of transparent crypto regulation

The Markets in Crypto-Assets (MiCA) regulation is a legislative framework established by the European Union to regulate crypto assets and related services within the region. MiCA was adopted by the European Parliament in 2023 and will come into effect on Sunday, although not all at once. дальше »

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Taiwan establishes association to help crypto firms self regulate

The association was formed after the country’s Justice Ministry proposed AML amendments for crypto firms that could result in penalties, including up to two years in prison. дальше »

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Zimbabwe launches study to map and regulate crypto industry

The Zimbabwean government has initiated a study to develop regulations for the virtual asset industry. On June 12, the Zimbabwe Mail reported that the government had established a committee to collect data from crypto companies operating within the country. дальше »

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Is Crypto Freedom At Risk? New US Law Empowers President To Halt Digital Asset Access

In a significant legislative development, the President of the United States has been granted extensive powers to regulate digital assets, sparking concern across the crypto community. This new authority allows the President to intervene directly in digital asset transactions, particularly those that could be linked to foreign entities and potentially harmful activities. Experts argue that […] дальше »

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Open letter warns about AI — and it should apply to crypto too

Both AI and crypto move at breakneck speed and are deeply technical, making them difficult to regulate — but whistleblowers are being silenced. Another week, and another warning about artificial intelligence. дальше »

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Turkey denies plans to tax crypto, stock gains

Turkey has dismissed levies on profits from stocks and cryptocurrencies but is exploring a transaction tax as part of efforts to regulate the tax on financial transactions. дальше »

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Switzerland takes a ‘tech neutral’ approach to AI regulations

As the world races to regulate high-level AI systems, Switzerland is taking a more “tech natural” approach, focusing on sector-based use cases while still having a major voice on the global stage. дальше »

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Uniswap Labs slams SEC’s misguided attempts to regulate DeFi

Uniswap Labs has issued a defiant response to the SEC’s Wells notice, asserting the agency’s attempts to regulate DeFi are misguided and legally unsound. The company said in a May 20 blog post that it is confident it will come out victorious if forced into litigation by the SEC. дальше »

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Turkey Announces Proposed Law to Regulate Cryptocurrencies

Turkey has proposed a new law to regulate crypto asset providers, enhancing supervision to align with FATF standards. The bill aims to protect investors. The post Turkey Announces Proposed Law to Regulate Cryptocurrencies appeared first on BeInCrypto. дальше »

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Indian securities regulator proposes multi-agency approach to regulate crypto

India’s Securities and Exchange Board of India (SEBI) wants cryptocurrency oversight to be distributed, proposing a multi-agency approach. Official documents disclosed by Reuters reveal that SEBI recommended that different regulators should work in unison to oversee the cryptocurrency sector in… дальше »

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Industry Stakeholders Believe a UK Election Won't Derail Crypto Plans

The U.K.'s expected election this year shouldn't affect the country's efforts to regulate cryptocurrency much, industry observers say. дальше »

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Turkish crypto bill set to be presented in parliament

The draft law to regulate cryptocurrency in Turkey proposes licensing by the SPK and stricter oversight to enhance trading platform standards and compliance. дальше »

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Mark Cuban Warns Joe Biden: Regulate Crypto or Risk Losing the US Election

Billionair investor Mark Cuban criticized SEC Chair Gary Gensler for what he perceives as failing to protect investors against fraud. The post Mark Cuban Warns Joe Biden: Regulate Crypto or Risk Losing the US Election appeared first on BeInCrypto. дальше »

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Mark Cuban advocates for CFTC to regulate ‘all crypto’ ahead of US election day

Billionaire investor Mark Cuban says that assigning all authority to the CFTC “could solve” the problem of vocal crypto voters for current United States president Joe Biden. дальше »

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Mark Cuban advocates for CFTC to regulate 'all crypto' ahead of US election day

Billionaire investor Mark Cuban says that assigning all authority to the CFTC "could solve" the problem of vocal crypto voters for current United States president Joe Biden. дальше »

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How the U.S. Should Regulate Stablecoins

To properly regulate stablecoins in the U.S., look at e-money abroad, says Marcelo Prates, a speaker at Consensus 2024. дальше »

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UK Plans to Regulate Staking and Stablecoins

Economic Secretary Bim Afolami emphasizes the need for immediate legislation on stablecoins and staking in the UK, highlighting the urgency with looming elections. The post UK Plans to Regulate Staking and Stablecoins appeared first on BeInCrypto. дальше »

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Arkansas bills reining in crypto miners head for governor approval

Arkansas Governor Sarah Huckabee Sanders is expected to sign the bills into law, which will regulate miners’ noise, water use and licensing. дальше »

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Consensys Takes SEC To Court Over Efforts To Regulate Ethereum As Security

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Consensys sues SEC, seeks court declaration that Ethereum is not a security

Consensys filed a lawsuit against the US Securities and Exchange Commission (SEC) on April 25 over allegations that the watchdog has overstepped in its authority in trying to regulate Ethereum (ETH). дальше »

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Top FSC Democrat says stablecoin bill is imminent

Key Democrat Representative Maxine Waters predicts an imminent deal on legislation to regulate stablecoins after 22 months of negotiation with Republican Patrick McHenry. The post Top FSC Democrat says stablecoin bill is imminent appeared first on Crypto Briefing. дальше »

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Nigeria puts faith in new crypto-friendly regulator

Nigeria’s president appointed the new SEC Chair to regulate the capital market, bolster investor confidence, and advance economic development. дальше »

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US senators reveal new stablecoin bill

U.S. Senators Kirsten Gillibrand and Cynthia Lummis introduced a bill to regulate stablecoins. дальше »

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Solana DePIN io.net announces tokenomics with inflation model and burn mechanism

Solana's DePIN io.net discloses IO tokenomics with a 20-year inflation plan and token burn mechanism to regulate its digital economy. The post Solana DePIN io.net announces tokenomics with inflation model and burn mechanism appeared first on Crypto Briefing. дальше »

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Norway Draws The Line: Crypto Mining Faces Ban Over Energy Usage

The Norwegian government has enacted a new law aimed at reining in the burgeoning industry of crypto mining. The law, disclosed in a report by local news outlet VG on Monday, signals Norway’s resolve to regulate and potentially shutter cryptocurrency mining operations within its borders. дальше »

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British Columbia cracks down on crypto miners, citing energy consumption

The Canadian government of British Columbia is advancing measures to regulate electricity consumption by cryptocurrency miners due to concerns about high energy use and limited economic benefits. On April 11, Josie Osborne, Minister of Energy, Mines and Low Carbon Innovation,… дальше »

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European Union Advances Legislation to Regulate Cryptocurrency Transactions

Сообщение European Union Advances Legislation to Regulate Cryptocurrency Transactions появились сначала на Coinstelegram.

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Estonia passes legislation to regulate crypto service providers

The government of Estonia has enacted a bill that introduces stringent legal requirements for digital assets service providers, local media reported on March 21. The legislation — approved on March 20 — is part of the country’s efforts to regulate the crypto industry and enhance its reliability. дальше »

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Indian Finance Minister: crypto isn’t currency, G20 must regulate

Indian Finance Minister Nirmala Sitharaman has taken a firm stance on Bitcoin (BTC) and other digital assets, emphasizing that they cannot be considered currencies. дальше »

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Bybit Faces Scrutiny: Hong Kong Tags Crypto Exchange As ‘Suspicious’ In Regulatory Crackdown

The Hong Kong Securities and Futures Commission (SFC) has recently raised concerns over Bybit, marking it as a platform of suspicion. This move comes amid a broader regulatory push within Hong Kong to oversee and regulate the crypto market. дальше »

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Racing Against Time: 24 Crypto Exchanges Flock to Hong Kong for Regulatory Approval

In a bold move to regulate the crypto market, 24 exchanges, including prominent names, vie for licenses in Hong Kong, spotlighting the city's commitment to investor safety and market growth The post Racing Against Time: 24 Crypto Exchanges Flock to Hong Kong for Regulatory Approval appeared first on BeInCrypto. дальше »

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UK authorities set deadline to introduce laws on stablecoins and staking

The UK authorities may introduce laws on staking and stablecoins within six months. In a Bloomberg article from Feb. 20, officials in the UK appear hellbent on introducing laws to regulate stablecoins and staking. According to Economic Secretary to the… дальше »

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Veteran Trader Warns SEC Chair Gensler Shouldn’t Be Trusted – Here’s Why

The spotlight on Gary Gensler, Chair of the US Securities and Exchange Commission (SEC), intensifies as veteran trader Peter Brandt and figures within the crypto industry voice their doubts about his ability to safeguard investors and effectively regulate the burgeoning digital asset market. дальше »

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