Eurosystem Approves New Oversight Framework Concerning Crypto Services – Regulation Bitcoin News
The monetary authority of the euro area, the Eurosystem, has introduced a new framework for overseeing electronic payments, including services...
Regulation
IRS Expects to Seize Billions of Dollars in Cryptocurrency Next Year — More Than $3.5 Billion in Crypto Seized This Year – Regulation Bitcoin News
The Internal Revenue Service (IRS) has revealed that $3.5 billion in crypto was seized during the fiscal year 2021. This...
US Sentences Man to 3 Years in Prison for Operating Unlicensed Bitcoin Exchange Business – Regulation Bitcoin News
A California man has been sentenced to three years in federal prison “for operating an unlicensed business that exchanged at...
US Senator Introduces Legislation to Repeal Infrastructure Bill’s Attack on Crypto Industry – Regulation Bitcoin News
U.S. Senator Ted Cruz has introduced a bill to repeal the $1 trillion infrastructure package’s crypto provision, which he said...
India’s Prime Minister Narendra Modi Urges Countries to Collaborate on Bitcoin, Cryptocurrency – Regulation Bitcoin News
The prime minister of India, Narendra Modi, has urged democratic countries to work together to ensure that cryptocurrency, particularly bitcoin,...
Russia’s Prosecutor General Wants Cryptocurrency Recognized as Property Under Criminal Law – Regulation Bitcoin News
The Prosecutor General’s Office of Russia has proposed to define cryptocurrency as property in the country’s Criminal Code. Decentralized digital...
Investment Manager Expects Governments to Clamp Down on Bitcoin, Warns of ‘Intense’ Crypto Regulation – Regulation Bitcoin News
The founder and chief investment officer of Hayman Capital Management, Kyle Bass, has warned that governments will start to really...
Indian Prime Minister Modi Chairs Crypto Meeting After Consulting With RBI, Finance Ministry – Regulation Bitcoin News
Indian Prime Minister Narendra Modi has reportedly chaired a comprehensive meeting on cryptocurrency and related issues in India. The meeting...
CEO Says ‘We Have 53 Regulators in Just One Country, the US’ – Regulation Bitcoin News
Crypto exchange Coinbase has been meeting with a number of regulators to convince them that the U.S. should have just...
Every Large Bank Will Actively Consider Crypto in 1-3 Years, Says Former Citi CEO – Regulation Bitcoin News
A former CEO of Citigroup said that every major bank and securities firm will consider crypto trading or services within...
Chinese provincial official expelled for violating crypto mining ban
The Central Committee of the Chinese Communist Party (CCP) expels a top provincial official after investigations suggest unlawful egagement with...
India’s Central Bank RBI Reiterates ‘Serious Concerns’ About Crypto — Governor Doubts Reports on Indian Crypto Investors – Regulation Bitcoin News
India’s central bank, the Reserve Bank of India (RBI), still has “serious concerns” about cryptocurrency from a macroeconomic and financial...
Bank of England Governor Warns Crypto Is Providing Means of Payment for Criminals – Regulation Bitcoin News
Bank of England Governor Andrew Bailey has warned that crypto assets are providing another means of payment for people who...
Spanish banks required to report 3-year digital currency plans
Digital currency plans by Spanish banks must now be reported according to sources at the Banco de Espana, which claimed...
We need to teach Bitcoin in schols
New York City’s incoming mayor Eric Adams recently said he’d accept his first paycheck in Bitcoin He would like to...
Kazakhstan Senate Adopts Legislation Subjecting Crypto Platforms to Financial Monitoring – Regulation Bitcoin News
The Senate in Kazakhstan has approved amendments aimed at preventing the legalization of illicit funds which will affect companies dealing...
China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets – Regulation Bitcoin News
China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to...
House passes $1T infrastructure bill with crypto tax for Biden’s approval
The United States House of Representatives passed the $1.2 trillion bipartisan infrastructure bill, which if signed into law by President...
Kazakhstan Imposes Purchase Limits on Retail Crypto Investors – Regulation Bitcoin News
Authorities in Kazakhstan have introduced restrictions on the amounts of cryptocurrency retail investors can buy on local exchanges. Officials explained...
Iran Blockchain Association Offers Help With Crypto Regulations, Says Regulators Are Not Qualified – Regulation Bitcoin News
The leading crypto industry association in Iran has slammed authorities for their passive stance regarding crypto regulation. The government’s inaction...
Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals – Regulation Bitcoin News
Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The...
I’ve never seen an industry so keen for regulation
Andrew Bragg, Senator for New South Wales, claims the Aussie crypto landscape is ready for regulations New South Wales senator...
