UN Urges Developing Countries to Restrict Cryptocurrency Advertising
The UN-affiliated organization UNCTAD published a report on digital assets, urging governments of developing economies to restrict or ban their advertising.
UN Urges Developing Countries to Restrict Cryptocurrency Advertising
The UN-affiliated organization UNCTAD published a report on digital assets, urging governments of developing economies to restrict or ban their advertising.
Gensler calls for tighter oversight of the cryptocurrency industry
To safeguard investors, regulation of the digital asset space should be strengthened, but the U.S. Securities and Exchange Commission (SEC) should not oversee the market alone, said Gary Gensler.
OKX Granted Dubai License
The cryptocurrency exchange OKX has received a license in Dubai and plans to open a regional headquarters in the emirate.
US Treasury officials see CBDC benefits for financial stability
The digital dollar could strengthen financial stability. Analysts at the Office of Financial Research at the U.S. Treasury (OFR) reached this conclusion.
US Senate backs nomination of former Ripple adviser as Fed vice chair
The U.S. Senate approved President Joe Biden's proposed nomination of former Ripple adviser Michael Barr as vice chair of the Fed, with a focus on regulating the banking sector.
U.S. Treasury seeks comments on cryptocurrency policy
The U.S. Department of the Treasury has requested public comments on the potential benefits and risks associated with digital assets.
IOSCO to develop recommendations on cryptocurrencies and DeFi
The International Organization of Securities Commissions (IOSCO) has committed to developing regulatory standards for digital assets by the end of 2023. The plan is contained in the organisation's roadmap.
Bank of England calls for regulating cryptocurrencies in line with traditional markets
Cryptocurrencies should be regulated in line with traditional finance to reduce risks in the industry and boost investor confidence. This was stated by John Cunliffe, Deputy Governor of the Bank of England.
Kazakhstan’s president signs law setting mining tax rates
The president of Kazakhstan, Kassym-Jomart Tokayev, signed a law providing for differentiated tax rates on mining.
ECB deems stablecoins impractical as a means of payment
“Stablecoins” are impractical as a means of payment; their current form is not suitable for use in the real economy. This is stated in the ECB's Financial Stability Review.
G20 unveils rules for crypto industry oversight
The Financial Stability Board (FSB) of the G20 is due to present recommendations for regulating cryptocurrencies in October 2022.
Fed calls for tighter regulation of the cryptocurrency industry
The cryptocurrency industry needs tougher regulation, as the collapse in the digital asset market testified to serious vulnerabilities within the sector. This was stated by Fed Vice Chair Lael Brainard at a Bank of England conference.We use cookies to improve the quality of our service.
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