Government

Britain's finance ministry sets out draft rules to regulate cryptoassets

Britain's finance ministry laid out its first set of rules to regulate cryptoassets on Wednesday, saying ongoing turbulence in the sector and the collapse of exchange FTX highlighted risks that need addressing.

4 hours ago

Polish central bank keeps rates steady, as expected

Poland's central bank left its main interest rate unchanged at 6.75% on Wednesday, it said, a decision in line the forecasts of analysts who say that emerging Europe's largest economy has reached the end of its tightening cycle.

1 month, 3 weeks ago

U.S. senators unveil bill to regulate cryptocurrency

A bipartisan pair of U.S. senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency, and hand the bulk of their oversight to the Commodity Futures Trading Commission (CFTC).

7 months, 4 weeks ago

US Treasury Secretary reaffirms need for stablecoin regulation following UST crash

Janet Yellen said it would be “highly appropriate” to aim for “a consistent federal framework” on stablecoins by the end of 2022 in the U.S., given the growth of the market.

8 months, 3 weeks ago

Bank of Japan will prepare 'thoroughly' for possible launch of digital yen, Kuroda says

The Bank of Japan currently has no plan to issue its own digital currency but will prepare "thoroughly" to respond to changing circumstances that could require it to do so in future, Governor Haruhiko Kuroda said on Tuesday.

10 months, 1 week ago

Is Austin the next US crypto hub? Officials approve blockchain resolutions

The City of Austin gears up to become America’s next crypto hot spot by passing two resolutions focused on cryptocurrency and blockchain innovation.

10 months, 1 week ago

These Are the 3 Biggest Differences Between a Cryptocurrency and a CBDC

There are fundamental differences between BTC and central bank-developed tokens – chiefly, the fact that most CBDCs are still in the R&D phase.

10 months, 3 weeks ago

Bank of Israel issues draft guidelines on cryptocurrency AML/CFT

Private banks could be required to conduct risk assessments on case-by-case basis.

10 months, 3 weeks ago

Binance stopped 'all activities focused on Israel' following regulatory request

Israel's Capital Markets Authority reportedly never received a license application from Binance allowing the exchange to do business in Israel.

11 months, 2 weeks ago

India proposes 30% tax on crypto and NFTs income

India on Tuesday announced plans to launch a digital currency by next year and tax cryptocurrencies and NFTs as the country moves closer to recognising cryptocurrencies as legal tender in the world’s second largest internet market.

1 year ago

Crowdfunding industry eyes clarity on regulation and legal accountability in Budget 2022

In the upcoming Union Budget for FY' 22-23, Indian government is set to make big announcements for various sectors, including health, infrastructure, real estate, defence, hospitality and MSMEs(Micro, Small and Medium Enterprises).

1 year ago

UK watchdog to crack down on high-risk financial promotions

The Financial Conduct Authority is proposing to strengthen its promotions rules to protect consumers from high-risk investments, including cryptocurrencies, mini-bonds, peer-to-peer lending and certain crowdfunding.

1 year ago

Crypto platform Binance claims ‘miscommunication’ with Canadian regulators, won’t be serving Ontario customers

1 year, 1 month ago

U.S. Seeks to Oust Ukrainian Owner of Texas Rocket Startup Firefly

Max Polyakov has agreed to sell a stake in the company under pressure from U.S. officials.

1 year, 1 month ago

A near-term pullback, then the third bubble in 100 years is coming, says strategist. Here’s …

Of the dozens of central bank meetings crammed into this week, the Federal Reserve is seen stealing the show with a tapering start and possible early rate-hike hints.

1 year, 1 month ago

House committee announces crypto CEOs will testify at Dec. 8 hearing on digital assets

The hearing, "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States," is the latest from Congress to explore the issues concerning crypto assets.

1 year, 2 months ago

India plans law that will prohibit all private cryptocurrencies with certain exceptions

The government is set to introduce a bill to ban private cryptocurrencies and create a framework for an official digital currency to be issued by the Reserve Bank of India (RBI) during Parliament’s Winter Session starting November 29.

1 year, 2 months ago