FTX outlines proposals for regulating the crypto industry
Ahead of hearings before the U.S. House of Representatives, the cryptocurrency exchange FTX published an article outlining its view of fair regulation of the digital assets market.
FTX outlines proposals for regulating the crypto industry
Ahead of hearings before the U.S. House of Representatives, the cryptocurrency exchange FTX published an article outlining its view of fair regulation of the digital assets market.
Media: India to regulate cryptocurrencies rather than ban them
Indians will be required to disclose information about their digital assets and transfer them to SEBI-regulated Bitcoin exchanges. The details are contained in a memo accompanying the government’s cryptocurrency bill under consideration, NDTV reports.
Former CFTC chief: let markets determine Bitcoin’s value
Regulators should not determine which asset classes or securities are legitimate. This was the view expressed by former chairman of the U.S. CFTC Christopher Giancarlo.
U.S. Congress to discuss cryptocurrencies with industry executives
On December 8 at a hearing in the U.S. House of Representatives on the topic 'Digital assets and the future of finance: understanding the challenges and benefits of financial innovation', industry executives will testify. The roster was disclosed by the chair of the Financial Services Committee, Maxine Waters.
Gary Gensler stresses the importance of regulating the crypto industry
Cryptocurrencies have a future, but only in a 'trusted environment', and the path to regulation will become easier as the space centralises. This was the conclusion reached by SEC chairman Gary Gensler and his predecessor in the role, Jay Clayton, at DACOM 2021.
US Treasury: FATF rules align with FinCEN standards on cryptocurrency regulation
US Treasury Secretary Janet Yellen said FATF rules align with FinCEN's standards regarding the crypto industry and are merely guidance.
India says there are no plans to recognise Bitcoin as currency
The Indian government does not plan to recognise Bitcoin as a currency and is not collecting data on transactions involving the asset. This was stated by Finance Minister Nirmala Sitharaman during the opening of the winter session of Parliament.
Possible ban on cryptocurrency exchanges in Russia to be discussed by 2022
The discussion on regulating or banning cryptocurrency exchangers should be completed in 2022, according to German Neglyad, deputy director of Rosfinmonitoring.
UK to apply 2% digital services tax to bitcoin exchanges
The United Kingdom's HM Revenue & Customs (HMRC) has required licensed cryptocurrency exchanges to pay the digital services tax at 2%. Platform users may face higher fees, CryptoUK, the self-regulatory body, warned The Telegraph reports.
Bank of France calls for oversight of the DeFi sector
European regulators should establish oversight of the decentralised finance (DeFi) sector. This was stated by Denis Bo, the Bank of France's first deputy governor.
China restricts access to mining-pool domains and cryptocurrency media
One of China's cryptocurrency news portals Chainnews reported a shutdown after local users lost access to the site's website and app, as well as to its competitors ODaily and BlockBeats. At the same time, providers began blocking access to mining-pool domains, The Block.We use cookies to improve the quality of our service.
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