Biden wants to regulate everything, and it seems that cryptocurrencies are directly in his crosshairs. Apparently, the president of the United States is seriously considering issuing an executive order on …
MoreTag: Regulation
US Justice Department announces launch of national crypto enforcement team
An official from the Office of the Attorney General has said the United States government is going to take a more active role in enforcement action against actors using cryptocurrencies …
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Ukraine’s president returns long-awaited cryptocurrency bill to Parliament
On October 6, the office of Volodymyr Zelensky, president of Ukraine, returned to Parliament a bill that would establish a comprehensive regulatory regime for digital assets. The primary issue that the president’s …
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Fed Chairman Jerome Powell: “No cryptocurrency ban, but regulation necessary”
United States Federal Reserve Chairman Jerome Powell, speaking before the House Committee on Financial Services, said that the authority had no issue to ban cryptocurrencies. Rather, he believes that the crypto market …
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Germany’s 2021 election. What do parties think of cryptocurrency & blockchain?
The use of new technologies such as blockchain or artificial intelligence has been in the spotlight lately and gaining more acceptance from governments around the world. On Sunday, Sept. 26, Germans voted …
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Ukraine to join the comity of crypto-friendly nations with new regulation
The legal status of cryptocurrencies remains a mixed bag of regulatory positions, depending on the jurisdiction being considered. While some countries move toward blanket prohibitions or stringent regulations, others elect …
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South Africa’s central bank governor: “Crypto does not qualify as currency”
Lesetja Kganyago, governor of the South African Reserve Bank (SARB), has argued against classifying crypto as currencies. According to a report by MoneyWeb, the central bank chief likened crypto to assets rather …
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Data privacy concerns are rising and blockchain seems to be the solution
Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only …
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People’s Bank of China in Shenzhen ‘cleans up’ illegal cryptocurrency firms
The Shenzhen branch of the People’s Bank of China is taking a hardline approach to cryptocurrency-related activities deemed illegal. According to a report from state-run Shanghai Securities News yesterday, the branch has …
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Unchanged cryptocurrency tax bill to be voted this Tuesday
The provisions aim to raise $28 billion for infrastructure funding through expanded digital asset taxation and will impose broad third-party reporting requirements on any crypto firm deemed to be a …
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