China has used its Economic Daily media outlet to signal that further regulatory action may be taken toward stablecoins in the wake of the collapse […]
Category: Regulation News
In wake of Terra collapse, South Korea plans new crypto oversight committee: Report
The infamous collapse of Terra may have hastened the creation of a supervision and control entity for virtual assets, which is set to launch in […]
Fed paper looks at potential effects of CBDC on monetary policy
The working paper traces the effects of operations with CBDC through several scenarios and concludes the Fed will have it under control.
Basel Committee presses on with restrictive requirements for banks’ crypto holdings
The committee of central banks and regulators has proposed a “conservative prudential treatment” of crypto assets that banking groups say is prohibitive.
Identity is the antidote for DEXs’ regulation problem
Regulations are coming, and DEXs need to step it up to survive, requiring KYC to weather the upcoming regulatory storm.
Paraguay paves the way for crypto regulation despite internal opposition
A new bill for crypto regulation has been approved by Paraguayan Congress despite the central bank and budget commission’s rejection of the project.
Binance gets approval to operate in Italy, will open office in Milan
The cryptocurrency exchange’s Italian branch will become its second European operation after obtaining a license in France.
Here’s how much Kazakh gov’t made off crypto mining in Q1 2022
The Kazakh budget has not received the expected amount of fees from crypto mining as the government shut down lots of miners to “ensure energy […]
Gov’t says crypto miners consume 2% of total electricity in Russia
Crypto mining falls under the “gray zone” in Russia, which means even though it’s not banned, it doesn’t fall under the purview of law which […]
South Korean authorities reportedly probe staff behind Terra
South Korean authorities are reportedly looking at the Terra crash to check for signs of intentional price manipulation and other issues.