Russians reportedly hold about $130 billion in cryptocurrency but the government is yet to adopt crypto legislation.
Category: Regulation News
Gemini, Chainalysis and 11 others join Crypto Market Integrity Coalition
The cryptocurrency industry is responding to the best-practices advocacy group’s call for a fair, stable and regulated market.
Yellen says crypto hasn’t been used for significant Russian sanctions evasion so far
The U.S. Treasury secretary emphasized the department’s crypto monitoring efforts at a House Financial Services Committee hearing on Wednesday.
The FDIC wants US banks to report on current and intended crypto-related activities
The U.S. bank insurer has concerns over the ability of the institutions it supervises to assess crypto risks adequately, and it’s none too sure about […]
Former US Senator and House member joins Crypto Council for Innovation
Sheila Warren said the addition of Cory Gardner was based on his experience “to build a stronger economy and support innovation” as well as his […]
Samson Mow introduces new nation-state adoption for crypto in Bitcoin 2022
Bitcoin is already legal tender in Roatán, Honduras and Madeira, Portugal. Now a Mexican Senator wants to make it so in her country as well.
Treasury Secretary hints at regulatory framework to address potential risks in digital asset markets
“Digital asset exchanges and other digital native intermediaries — they should be subject to appropriate forms of oversight,” said Janet Yellen.
Toomey drafts bill to exempt stablecoins from securities regulations
The Stablecoin TRUST Act proposed that the digital assets be identified as “payment stablecoins” which are exempt from many securities regulations.
Sweden’s central bank completes second phase of e-krona testing
The Swedish CBDC is now technically ready for integration with banks and payment service providers, according to a report from Riksbank.
Grayscale CEO pleads Bitcoin spot ETF as SEC backs third BTC Futures ETF
U.S. Securities and Exchange Commission has approved another Bitcoin futures ETF; could this mean a spot ETF is on its way?