G7 affirms requirements for regulating global stablecoins
No global stablecoin project should begin operations until full compliance with legal, regulatory and supervisory requirements. This was stated by the financial leaders of the G7.
G7 affirms requirements for regulating global stablecoins
No global stablecoin project should begin operations until full compliance with legal, regulatory and supervisory requirements. This was stated by the financial leaders of the G7.
US raises the priority of cyberattack investigations to the level of terrorism cases
Ransomware attack investigations in the United States have been given the same priority as terrorism cases.
Opinion: Governments and Regulators Will Stop Bitcoin
Pascal Blanc, chief investment officer of Amundi, one of the world's largest asset managers, said governments and regulators will “stop the music” for Bitcoin. Reuters reports.
UK extends temporary registration regime for cryptoasset firms
UK's Financial Conduct Authority has extended the temporary registration regime for cryptoasset businesses to 31 March 2022.
Kazakhstan explains rationale for extra mining levy
The introduction of an additional charge on electricity used for cryptocurrency mining would “bring out of the shadows those miners operating in the grey area.” This was stated by Bagdat Musin, Kazakhstan’s minister of digital development, innovations and aerospace industry.
Thai authorities weigh regulation of the DeFi sector
The Securities and Exchange Commission of Thailand (SEC) is considering regulating the decentralised finance (DeFi) sector, according to the agency’s website.
Sweden’s central bank: Bitcoin’s rising popularity will tighten regulation
Bitcoin and other cryptocurrencies are unlikely to escape close regulatory scrutiny due to their growing popularity, said Riksbank Governor Stefan Ingves, Bloomberg reports.
How Kazakhstan’s proposed extra charge on mining could deter Chinese miners’ migration
After a sharp tightening of rhetoric toward the crypto industry in China, local miners began seeking other jurisdictions. Kazakhstan emerged as a destination. However, interest from Chinese miners may wane due to a proposed additional electricity charge for miners.
RBI reminds banks of repeal of cryptocurrency ban
The Reserve Bank of India (RBI) has asked regulated entities not to refer to the repealed directive prohibiting cryptocurrency operations. The regulator's site notes this.
Japanese regulator issues warning to Bybit exchange
The Japanese Financial Services Agency (FSA) has issued a warning to the Bybit cryptocurrency exchange for operating without a licence.
OCC urges US financial agencies to cooperate on crypto regulation
American regulators must take a more active role in regulating the crypto industry. This view was expressed by Michael Hsu, Acting Comptroller of the Currency at the Office of the Comptroller of the Currency (OCC) within the U.S. Treasury.We use cookies to improve the quality of our service.
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