Latest News on Regulation

News

S. Korea's Democratic Party Backs Support for Crypto, Metaverse

Song Young-gil, leader of the ruling Democratic Party, stated that the South Korean government should stop the crackdown on the crypto sector and start nurturing it instead.

Annie Li

Nov 22, 2021

| 2 Min Read

#BLOCKCHAIN #BITCOIN #SONG YOUNG-GIL #SOUTH KOREA #REGULATION #CRYPTO #METAVERSE

Regulation

Russian Auditor of Accounts Chamber Warns of the Risks in Crypto Investment

Alexei Savatyugin, the Auditor of the Accounts Chamber in the Russian Parliament has shared concerns about unregulated digital currencies, and the risks they pose to investors.

Godfrey Benjamin

Nov 17, 2021

| 2 Min Read

#BLOCKCHAIN #CRYPTOCURRENCY #REGULATION

Regulation

Israel Proposes New AML Rules for Crypto Service Providers

Digital currency service providers in Israel are now expected to adhere to the provisions of new Anti-Money Laundering (AML) rules enacted by the Israeli Money Laundering and Terror Financing Prohibition Authority (IMPA).

Godfrey Benjamin

Nov 17, 2021

| 2 Min Read

#ISREAL #AML #IMPA #CRYPTO #REGULATION

CBDC

Digital Rubble Prototype to be Introduced in Early 2022

In line with the development of its Central Bank Digital Currency (CBDC) dubbed the Digital Rubble, the Central Bank of Russia is set to launch a prototype platform for the new form of money in early 2022.

Godfrey Benjamin

Nov 10, 2021

| 2 Min Read

#RUSSIA #BANK OF RUSSIA #CBDC #DIGITAL RUBLE #STATE DUMA #REGULATION

Regulation

Indian Payment Giant Paytm May Add Crypto Services if Regulations Improves

Indian payment unicorn Paytm has reiterated its willingness to add Bitcoin and crypto-related services if regulations around the nascent asset class become clearer.

Godfrey Benjamin

Nov 04, 2021

| 2 Min Read

#PAYTM #RBI #CRYPTO #REGULATION #BITCOIN

Regulation

US SEC Delays Decision on Valkyrie Bitcoin Spot ETF Proposal Until 2022

The SEC has delayed its decision on the Valkyrie Bitcoin Fund until January 2022.

Nicholas Otieno

Nov 03, 2021

| 2 Min Read

#US #SEC #VALKYRIE #BITCOIN SPOT ETF #REGULATION

Regulation

Singapore Aims at Becoming the World’s Main Business Hub for Crypto

Singapore is striving to establish itself as a global key hub for crypto business activities. The city state's head of the financial regulator said the best way to regulate crypto is "not to clamp down or ban these things".

Nicholas Otieno

Nov 03, 2021

| 3 Min Read

#SINGAPORE #FINANCES #CRYPTOCURRENCIES #REGULATION

Regulation

Australia’s Securities Regulator Approves the Launch of Crypto ETFs

Australia Securities and Investments Commission (ASIC) has finally opened the door for crypto ETFs to trade on Australian stock exchanges.

Nicholas Otieno

Nov 01, 2021

| 3 Min Read

#AUSTRALIA #REGULATION #ASIC #CRYPTO ETFS

Bitcoin

Nearly 100% of Bitcoin Supply Slides Back to Profitability Amid an awaiting Greenlight to ETF Approval

99.02% of all BTC supply is now in profit.

Brian Njuguna

Oct 15, 2021

| 2 Min Read

#BITCOIN #INVESTMENT #BITCOIN SUPPLY #CRYPTOCURRENCIES #BITCOIN ETF #REGULATION #CRYPTO ADOPTION

Regulation

Crypto Can Stir Radical Improvements in Financial Services: BoE Deputy Gov

Deputy Governor of the Bank of England, Sir John Cunliffe has pointed out that cryptos are viable enough to push “radical improvements in financial services.”

Godfrey Benjamin

Oct 15, 2021

| 2 Min Read

#BANK OF ENGLAND #BOE #UK #DIGITAL CURRENCY #CRYPTOCURRENCY #REGULATION