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UK panel proposes treating crypto trading as gambling

0xMain
May 17, 2023

Crypto, gambling, Hacking, panel, proposes, trading, treating

The treasury select committee, a prominent cross-party group of U.K. lawmakers, has released a report suggesting that retail investing in unbacked cryptocurrencies, such as bitcoin, should be regulated similarly to gambling. In their findings published on May 17, the committee “strongly recommended” the...

Aussie minister welcomes treating crypto assets as financial services

0xMain
January 23, 2023

assets, Aussie, Crypto, Financial, Hacking, Minister, Services, treating, welcomes

Australia’s Financial Services Minister Stephen Jones says it’s okay for the government to regulate certain crypto assets as financial products to protect consumers from FTX-type collapses in the future. No need for separate crypto regulation The Australian government gets set to conduct a...

Japans 1 Trillion Crypto Market May Ease Onerous Listing Rules

Japan calls for treating crypto like traditional banks

0xMain
January 17, 2023

banks, calls, Crypto, Hacking, Japan, traditional, treating

While advocating for more regulations for the crypto sector in Japan, the Japanese financial regulators have also called to regulate cryptocurrency in the same manner as banking. Mamoru Yanase, the deputy director-general of the Strategy Development and Management Bureau of the Financial Services Agency,...