US lawmakers hold EU and UK as examples of crypto regulation in joint hearing

US lawmakers hold EU and UK as examples of crypto regulation in joint hearing
фото показано с : cointelegraph.com

2023-5-11 22:15

With the European Union coming closer to passing the Markets in Crypto-Assets framework and Kraken in the process of investing in the United Kingdom, lawmakers are taking notice.

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The world’s first comprehensive framework for crypto regulation has been approved by lawmakers in the EU.

The European Parliament has passed a comprehensive set of regulations aimed at the cryptocurrency industry, making it the first of its kind in the world. The legislation, known as the Markets in Crypto Act or MiCA, aims to reduce risks for consumers purchasing crypto assets by holding providers liable for any loss of investors’ crypto-assets.

2023-4-22 13:45


Фото:

Billionaire Crypto Executives Are To Blame For The Lack Of Regulatory Clarity In The Industry, Says US Lawmaker

The FTX debacle has sent lawmakers into a frenzy as they believe that the whole fiasco would have been avoided if a proper framework had been implemented. U. S. congressman Brad Sherman has blamed billionaire founders in the cryptocurrency industry for hindering the pace of legislation needed in the ecosystem.

2022-11-22 20:31


Relief for US Crypto Firms, 48 States Agree to Regulatory Framework

The days of U. S. crypto firms navigating a patchwork of laws across state lines may soon be at an end with regulators agreeing to a unitary legal architecture. News of the streamlined regulatory framework comes as Federal lawmakers are examining bills aimed at advancing America’s interest in the emerging cryptocurrency and blockchain landscape.

2020-9-15 18:45


Фото:

Crypto Payments Now Legal in Ukraine

Lawmakers in Ukraine have adopted new legislation that legalizes crypto payments as the country moves forward with strict compliance to international anti-money laundering (AML) standards. Private Individuals Can Provide Crypto Payment Services According to Forklog, members of the Verkhovna Rada — Ukraine’s legislative arm, have adopted a new bill that incorporates international AML best practices into the country’s crypto regulatory framework.

2019-12-9 13:09


Фото:

Why Are Governments Desperate To Regulate Cryptocurrencies?

There are a couple of reasons why the ruling party and lawmakers of a specific country would want to bring cryptocurrencies under their regulatory framework. Most of these reasons are connected to creating an additional source of income for the government, but they are usually masked under the “its too dangerous for the investors” excuse.

2019-3-22 11:16


German Blockchain Plans Need a Framework For Bitcoin Trading and Crypto Token Issuances

Lawmakers from the German Parliament have recently talked about how the blockchain strategy of the country should be. During the talks, they have affirmed that two very important steps in order to regulate this nascent industry in the country are to create an appropriate legal framework for cryptos and for token issuance. The idea, which […]

2019-3-12 04:12


Just In: Lawmakers proposing a bill to change SEC’s definition of securities to exclude cryptocurrency and Bring in More Clarity To The Crypto World

For long, the crypto space has been an investment world largely viewed with much suspicion mainly because of its volatile nature. However, what has really made it lose most is the lack of a definitive regulatory framework that would foster investor confidence, especially in the wake of recent reports of scams and fraud schemes happening […] The post Just In: Lawmakers proposing a bill to change SEC’s definition of securities to exclude cryptocurrency and Bring in More Clarity To The Crypto World appeared first on ZyCrypto.

2018-12-21 00:35


Фото:

A Legal Framework for Flockchain – Made in Germany – with the Help of Startups like Lition

Blockchain is primed to disrupt the future of business as we know it, and German lawmakers are all for it. The CDU/CSU and SPD coalitions (major German political parties, for the uninitiated) aim to lead the European blockchain charge in developing a comprehensive blockchain strategy that fosters innovation and nurtures fledgling businesses in this new space.

2018-10-22 11:00


Фото:

New French Law Sets Out Guidelines For ICOs

After slashing taxes on profits made from cryptocurrency trading by more than half, France has now implemented a new legal framework for initial coin offerings (ICOs). Is Europe’s third largest economy transforming into a haven for cryptocurrency? Also read: Faced With Cash And Forex Shortages, Zimbabweans Turn To Bitcoin – Even When It’s Banned French Lawmakers […] The post New French Law Sets Out Guidelines For ICOs appeared first on Bitcoin News.

2018-9-14 07:15