The US government is tightening its banking and AI regulations as cryptocurrencies profit from the recent US banking crisis. In a March 30 press briefing, White House press secretary Karine Jean-Pierre announced that the president had directed banking agencies to consider a series...
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), stated that the monetary body prefers regulating crypto assets over a complete prohibition at the recent G20 finance ministers’ meeting in Bengaluru, India. The IMF’s viewpoint is consistent with recent research suggesting universal...
Blockchain Association policy head Jake Chervinsky has outlined the necessary steps the US crypto industry could take to nip the regulators’ enforcement action approach towards regulating the US Web3 space. He argued that neither the SEC nor the CFTC has the authority to...
Kevin O’Leary, a venture investor and star of the television show Shark Tank, has expressed his belief that the cryptocurrency exchange Binance may soon be subject to governmental scrutiny. In a recent interview with Scott Melker, the former paid promoter of FTX has...
According to recent reports, the United Kingdom’s His Majesty’s Treasury plans to implement stringent rules for crypto assets. 2022’s dire events that took down several entities have left governments worldwide in dire need of effective crypto regulations. The United Kingdom has spearheaded what...
In a recent interview with Fox News, Chad Pegram, Senior congressional correspondent, said cryptocurrencies are less regulated than other assets. The new committee for crypto regulation The federal lawmakers’ attempt to regulate cryptocurrency now has the House setting up a new subcommittee on digital...
After a volatile year in the crypto space, members of the House of Lords advocated for more regulation of crypto assets. The move was in response to the Financial Services and Markets Bill (FSMB), which brings some aspects of cryptocurrency under financial regulation....