In a recently published report, Norway’s central bank, Norges Bank, has put forth a proposal, urging policymakers to carefully consider the creation of a comprehensive national strategy for regulating cryptocurrencies. The report emphasizes the importance of leveraging existing regulations that address risks and...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bob Ras, the co-founder of Sologenic, expressed his worries about the SEC’s approach to cryptocurrency regulation in a Twitter thread, noting he thinks the agency’s has a lack of...
The European Union (EU) has recently approved a comprehensive regulatory framework for crypto assets, making waves in digital finance. Known as the Markets in Crypto-Assets (MiCA), this directive establishes clear rules for handling cryptocurrency within the European Union and could set a standard...
The Economic and Financial Affairs Council of the European Union, comprised of finance ministers from member states, has approved the long-awaited Markets in Crypto-Assets (MiCA) regulation following a decisive vote held on May 16. The approval also included amendments to various regulations and...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Fintech Benchmarks 2023 brought into sharp focus the escalating conflict between emerging digital currencies and the traditional institutions that control monetary issuance. A significant proportion of central banks –...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied On May.9, Paul Grewal, chief legal officer of Coinbase, wrote to the U.S. Securities and Exchange Commission (SEC) to request revisions to the proposed rule requiring registered investment advisors...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Eddie Yue, Hong Kong’s chief executive officer of the Hong Kong Monetary Authority (HKMA), recently gave a speech outlining the new licensing process that would apply to crypto firms...
New York State Attorney General (NYAG), Letitia James, is urging the state’s legislature to pass a law regulating the cryptocurrency sector that she claims will set the standard for the rest of the country regarding openness and investor protection. In a May 5...
According to British MP Lisa Cameron, she refrains from investing in cryptocurrency to maintain objectivity in legislation, but she still recognizes the need for ongoing regulation. During the Consensus 2023 conference in Texas, Cameron reveals the foundation for her advocacy in cryptocurrency policies. ...
A public comment period on the proposed digital assets and registered exchanges (DARE) bill, 2023, has been opened by the Securities Commission of The Bahamas. This law aims to better safeguard Bahamian consumers, investors, and markets by keeping them updated with technological advances...