REGULATIONS
FCA Warns Crypto Businesses Fail to Meet UK’s Money Laundering Regulations Standard
The UK’s Financial Conduct Authority has disclosed that many crypto firms are withdrawing their applications to register with the agency.
Ugandan FIA Urges Central Government To Regulate Cryptocurrencies
Uganda's FIA urges the central government for comprehensive regulation of the digital currency industry nationwide.
Bitcoin Recovers from Plunge Triggered by Confirmation Hearing for SEC Chair Nominee Gary Gensler
Bitcoin (BTC) dipped after Gary Gensler said that it was a challenge for the SEC to keep cryptocurrency markets free of fraud.
Russian Prime Minister Calls for Civilized Approach to Crypto Regulation
Mikhail Mishustin, the Russian prime minister, has stated that the cryptocurrency market ought to be advanced in a civilized manner.
Nigeria Eyes New Regulatory Framework to Boost Crypto and Blockchain Adoption
Nigeria’s Ministry of Finance is collaborating with the nation’s capital market watchdog, to provide a new regulatory environment for the blockchain and crypto space.
Blockchain Firms To Benefit From SEC's Upward Review of Fundraising Limits For SMEs
The Securities and Exchange Commission has amended its maximum fundraising limit for Small and Medium Enterprises a move that will benefit smaller blockchain firms.
Switzerland Begins Consultation Before Finalizing its Proposed Blockchain Law Amendments
Switzerland announced it has initiated a consultation process ahead of its plans to effect amendments in its extant laws to accommodate blockchain technology
XRP Price Drops During Ripple Swell Conference
The XRP price looks set to continue a downtrend, while Ripple hosts the annual Swell conference which brings together world industry leaders and policymakers.
World Economic Forum Releases GSMI Global Blockchain Standards
The World Economic Forum (WEF) has released blockchain standards dubbed the Global Standards Mapping Initiative (GSMI).
US Senator Pat Toomey Eyes Senate Banking Committee Chair and Digital Currency Regulations
United States Senator Pat Toomey said he will take on digital currency regulation and payments reforms should he become the Senate Banking Committee’s next chairman.
Russian Federal Watchdog Censors Binance for Distributing Crypto-Related Data
Roskomnadzor has blacklisted crypto exchange Binance for what it deems as “containing information prohibited for distribution in Russia.
Russian Policy Boss Wants to Block Cryptocurrencies, Says They Are Difficult to Regulate
Anatoly Aksakov, head of the State Duma Financial Market Committee, stated that the country should explore other options for crypto regulation.
Nigerian Securities Commission to Release Official Guidelines on Crypto Regulations
The Nigeria Securities and Exchange Commission has announced a proposed crypto regulation guideline.
SEC Adopts Expedited Public Listing Review Process—Blockchain ETFs Could Qualify
The United States Securities and Exchange Commission has voted to adopt rule amendments to expedite the review procedure for companies applying for public listing, which could potentially create an expedited and cheaper application process for crypto and blockchain ETFs.
Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders
The Reserve Bank of India recently responded to an information query, saying that Indian banks are not prohibited from dealing with crypto businesses.