REGULATION
Cryptocurrencies are not issued by a monetary authority, are not controlled or regulated and their price is determined by the supply and demand of their market.
Coinbase to Expand European Operations by Acquiring Italian License
Nasdaq-listed cryptocurrency exchange Coinbase Global Inc has announced it has tapped a new license from the Italian market regulator, the Organismo Agenti e Mediatori (OAM).
Andorra to Ratify Digital Assets Adoption with Crypto Law
Andorra, or 'the Principality of Andorra', is contemplating regulations of digital assets and other blockchain technologies. Its parliament is debating on relative amendments before turning them into a draft.
Paraguay Senate Passes Bill to Regulate Crypto Mining and Trading
Paraguay is advancing its crypto bill. Though it appears taking clues from its counterpart, El Salvador.
SARB to Introduce Crypto Regulation
South Africa has changed their mind in terms of crypto regulation. The regulator intends to introduce a legal framework to govern the use of cryptocurrencies in the country.
UK Parliament Requests Calls for Evidence on Crypto Impacts
The Treasury Committee of the Parliament of the United Kingdom has put out a Call for Evidence as it embarks on a mission to study the future of cryptocurrencies and how they will impact local society.
Bank Indonesia to Evaluate CBDC Influence to Local Economy
Governor of the Bank Indonesia (BI) suggested that crypto can facilitate financial system efficiencies and inclusion. The administration is evaluating the impact of adopting CBDC on the local economy.
US Treasury Invites Public Opinions on Digital Assets Framework
The US Treasury Department has requested US citizens to comment on how Biden's Executive Order on digital assets could be streamlined and modernized.
‘Multiple’ Crypto Lending Firms Are Under Investigation, Says California Regulator
DFPI is investigating several firms offering “crypto-interest accounts” after these platforms abruptly suspended funds withdrawals. These firms have recently put the lives of millions of consumers at risk.
Binance Taps Operating License from the Bank of Spain
Binance cryptocurrency exchange has received the license to operate in Spain through its subsidiary in the country, Moon Tech Spain SL
Filipino Thinktank Infrawatch PH Blows Whistle on Binance
Filipino think-tank, Infrawatch PH has called on the Department of Trade and Industry (DTI) to investigate Binance exchange for illegally operating in the Philippines.
Ethics Watchdog Bans Crypto Holders from Proposing US Digital Assets Regulation Policies
The legal advisory notice from the US Office of Government Ethics (OGE) has banned federal employees, who invest directly in cryptocurrencies, from working on policies related to such digital assets.
Crypto Miner HIVE Requested for Resubmission of Form 40-F
Hive Blockchain Technologies Ltd said it received a letter from Nasdaq, requesting that the company renew its annual report on Form 40-F due to delays in filing submit plans to meet exchange listing compliance.
BoE's Committee Recommends Taking a Closer Look on Crypto Regulation
In its latest Financial Stability Report, the Financial Planning Committee (FPC), an offshoot of the Bank of England has recommended pushing for an ‘enhanced’ regulatory framework.
Crypto Controls Needed in Lending Sector to Stem Depression, Expert Says
For depression and crashes to be averted in the crypto market, regulation and capital controls are needed to supervise fast-growing trading platforms, according to a quantitative risk modeller.
ECB to Warn Countries in the Eurozone about Crypto Regulation
The European Central Bank is reportedly on track to issue warnings to national authorities within the Eurozone about individual handling of the crypto ecosystem.