Crypto Regulation

SEC chair Gary Gensler reported that the agency filed more than 700 actions. The regulator obtained judgments and orders summing to over $6.4 billion. Gensler remarked that they will pursue...

India fled the worldwide crypto crisis due to RBI’s cautious regulations. From $3 trillion in 2021, the total of crypto is below $1 trillion. RBI has strongly defied crypto from...

Cardano’s co-founder said that ‘crypto didn’t fail but people failed’. FTX’s case can damage the industry or possibly offshore the American crypto industry. He suggested honest and better standards for...

US jurisdiction would not apply to FTX since it didn’t have any US customers. Lawyer Chervinsky feels applying regulations would be counterproductive. The community believes US regulations will push investors...

The Russian Federation and the Turkish Ministry signed a bill for ensuring legal cooperation. The deal includes the prevention of information crimes like the illegal use of cryptocurrency. The Federation...

Former House Speaker to join advisor policy council to shape crypto. Next year will be a significant year with Congress poised to make the CFTC the dominant regulator. “Crypto –...

Changpeng Zhao stated that high crypto taxes in India will “kill  the sector.” India will lead the G20 nations for a year beginning in December 2022. The formation of a...

Circle Internet Financial has received regulatory permission in Singapore. The firm can now offer digital payment token products and services in the country. Circle issues USDC and EURO Coin. Global...

According to the Grayscale survey, 79% of American adults were in need of more regulations on cryptocurrency. 76% added that clear rules must be implemented by the government. The survey...

Indian finance minister calls on world financial bodies to discuss crypto regulation. She believes no country can singularly regulate crypto successfully. Previously, Indian Reserve Bank published a concept note for...

Financial authorities in South Korea aim to pass legislation to protect crypto investors. A 10% tax would be levied on any transaction involving digital assets under the proposal. 5.6 million...

CEO of ShapeShift and FTX CEO, SBF debate on proposed crypto regulations. “If DeFi front-ends catering to Americans need to be licensed, DeFi in America dies.” says Voorhees. Bankman-Fried stresses...

Vitalik Butern says crypto must mature to be in sync with regulatory policies. He suggested the use of zero-knowledge proofs to satisfy regulatory needs. Buterin has also touted Bitcoin as...

OECD publishes a framework to aid tax authorities to implement tax regulations. The CARF addresses three phenomena prevalent in the industry. Exchanges or bodies related to crypto-asset transfer are required...

Today, Binance launches its Bahrain platform, binance.bh. Binance Bahrain platform will be a fully regulated platform by the CBB. Bahrain users can access Binance’s full range of regulated crypto-asset exchange...

Vietnam Prime Minister calls for new regulation to monitor crypto operations. “When I have not recognized it [crypto], but in fact, people still trade,” states the PM. Blockchain Association negotiates...

MAS proposed measures to reduce risks to consumers from crypto trading. The regulators also focus on enhancing stablecoin-related activities. The proposed measure will focus on consumer access, business conduct, and...

The UK Lawmakers vote in favor to regularize crypto assets as financial instruments. Andrew Griffith noted that the purpose of passing the law is to treat crypto like other forms...

The new Australian budget considers crypto as an asset class. Crypto trades will now be subject to capital gains tax. Regulators continue to push towards the eAUD CBDC. Under a...

The United Kingdom’s new Prime Minister pushes for CBDC support in the country. Rishi Sunak’s statement was shared by Bitcoin Magazine on Twitter. The PM has been vocal about supporting...

CEO of FTX thanks his critics for their invaluable insights. ‘Glorifying OFAC in proposed crypto-industry standards is a *non-starter,’ says Voorhees. SBF revises alteration and insists that this is not...

All South African crypto businesses must apply for a license to operate legally. Declaration quotes, crypto assets are financial products, not legal tender. The crypto Twitter community finds the move...

The CFTC may be redefining who a retail investor is to capture high and low earners. CFTC boss said the current definition is too broad to encompass below $50k and...

SEC Chairman requests whistleblowers’ help to detect, investigate and prosecute violators. 10%-30% of the money collected will be awarded to whistleblowers with legit information. Empower Oversight blames the former director...

Mairead McGuinness urged the US to create new rules to govern the crypto industry. The commissioner spoke during a trip to Washington DC to discuss the crypto industry regulation. McGuinness...