Crypto Regulations

‘Hard to set up body to regulate cryptocurrency’

Setting up an appropriate regulatory framework for cryptocurrencies and crypto assets in India continues to be a challenge with other countries taking differing approaches to find a solution, the Internet and Mobile Association of India (IAMAI) and Blockchain and Crypto Assets Council have said. The Centre had earlier indicated that it would take a ‘calibrated […]

10 Best Cryptocurrencies To Invest in for 2021

Cryptocurrency is digital money that isn’t managed by a central system like a government. Instead, it’s based on blockchain technology, with Bitcoin being the most popular one. As digital money continues to gain traction on Wall Street, more and more options become available. There are currently more than 5,000 cryptocurrencies on the market. While you […] whitepaper proposes defining cryptos as digital assets

Association proposes introducing a system for registering cryptocurrency exchanges in the country Industry association has proposed defining cryptos as digital assets and not currencies similar to other assets such as gold, stocks, or marketable securities. The proposal is part of a whitepaper released by the association, which includes five key points aimed at providing […]

Spain to Share Data of Users From Domestic Crypto Businesses With European Union Countries

The Spanish government doesn’t stop imposing its tough stance on cryptocurrencies, as another rule comes to strengthen the existing ones. A royal decree recently enacted aligns current regulations with the European Union’s directives regarding anti-money laundering (AML). Rule Aligns With the European AMLD5 Policies According to the decree published in the state official newsletter, Spanish […]

CBDC-related positions open up as Bank of England digital pound plans move forward

England’s central bank is marching on with its research into a central bank digital currency. While it has yet to announce that it will launch a CBDC, the bank has advertised new positions related to its CBDC research. They include a stakeholder analyst, project analyst, solution architect and a senior manager for CBDC technology. Under […]

Cryptocurrencies and Other Digital Assets: A New Regime

Cryptocurrencies and digital assets will continue to be an area of intense regulatory focus, but a new administration may bring new regulations. SEC Chairman Gensler has extensive experience with cryptocurrencies and blockchain, including a teaching stint at MIT. However, Gensler has alternated between censure and praise, referring to cryptocurrencies and blockchain both as an “innovative […]

Ripple CEO Brad Garlinghouse Feels “Really Good” About Legal Fight with SEC

Ripple CEO Brad Garlinghouse has denied harassing the SEC As Ripple’s legal fight with the U.S. Securities and Exchange Commission stretches into its fifth month, CEO Brad Garlinghouse tells Fox Business that he feels “really good” about the progress his company has made in court: Look, I feel really good about the progress that’s been […]

A nightmare on Stable Street: Centralized stablecoins may be doomed

Central banks are paying very close attention to stablecoins, seeking to control them — and decentralization may be the solution. Over the last couple of years, we have seen a lot of interest from central banks and governments in the stablecoin market. The reason behind it lies in the development of central bank digital currencies, […]

Goldman Sachs CEO believes Bitcoin regulations are set for a ‘big evolution’

Goldman Sachs CEO David Soloman has forecast a big evolution in how the U.S. government regulates cryptocurrency. David Solomon, CEO of Goldman Sachs has forecast a “big evolution” in how the U.S. government regulates Bitcoin and other cryptocurrencies, in relation to financial institutions. In an interview with CNBC today, Solomon was quizzed on the banking […]

Bank of Japan Set to Begin Experimenting with CBDC

Earlier today, the Bank of Japan (BOJ) announced that it began experimenting with the possibility of issuing its own central-bank digital currency (CBDC). The central bank first  entertained the idea of a CBDC back in February. Now, the decision to ramp up their timeline coincides with other nations making strides in creating their own digital […]

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