Crypto: “Stricter regulation”, demands Yellen

Crypto Stricter regulation demands Yellen

Speaking at the annual meeting of the SIFMA (Securities Industry and Financial Markets Association), the Secretary of the United States Treasury again mentioned the importance of crypto regulations. According to Janet Yellen, at one of her financial conferences, the government should use its enforcement powers to crack down on cryptocurrency scams. Once again, she reiterates … Read more

Crypto: MiCA regulation adopted by the European Council

Two regulatory heavyweights join the ranks of Binance and FTX

The European Union has adopted the “MiCA” regulation regarding the crypto market. It must be approved by the European Parliament and the European Council before entering into force in 2024. MiCA set up from January 2024 The European Union finally validated the regulation on the crypto-asset markets through the European Council. This is the final … Read more

Albania Moves Forward With Regulation Of Crypto Exchanges – EURACTIV.fr

Bitcoin Cryptocurrency Price Trades Above 25000 For The First Time

Albania’s Financial Supervisory Authority has approved a licensing regime for cryptocurrency exchanges, a first for the region, bolstering a crypto law passed in 2020. The law refers to distributed ledger technology exchanges, which are exchanges where blockchain is used with digital tokens, digital assets, and those that use both digital assets and fiat currency. Under … Read more

Treasury Calls For Tougher Crypto Regulation And Oversight

Understanding Blockchain in Just 3 Minutes The ₿log

A body of government regulators led by the Treasury Secretary has warned of the risks posed by the proliferation of digital assets and urged Congress to pass legislation that closes loopholes in the financial system. At a meeting of the Financial Stability Supervisory Board on October 3, Treasury Secretary Janet Yellen said in prepared remarks … Read more

Cryptocurrency in a Declining Market: What Lawyers Need to Know About Bankruptcy, Regulation, and Other Trends

Cryptocurrency in a Declining Market What Lawyers Need to Know

Like any other investment, cryptocurrency can be exciting and rewarding when the market is hot — and when it cools, investors, funds, and the lawyers advising them can face some tricky questions. As stated in a recent briefing from the Practicing Law Institute, Cryptocurrency and Bankruptcy: What Lawyers Need to Know Now That “Crypto Winter” … Read more

USA: the Administration wants to strengthen the regulation of crypto-currencies – Journal L’Economiste du Faso

USA the Administration wants to strengthen the regulation of crypto currencies

US government agencies must step up efforts to strengthen the law in the digital asset sector and identify gaps in cryptocurrency regulation, the White House said on September 16, 2022.The Treasury Department will also lead a group of government agencies that will study the potential for a central bank-issued digital currency, although the White House … Read more

Uzbekistan Introduces Monthly Fees For Cryptocurrency Firms – Bitcoin Regulation News

Uzbekistan Introduces Monthly Fees For Cryptocurrency Firms Bitcoin Regulation

Crypto businesses in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. Fees vary depending on trading activity and can be as high as $11,000 per month in the case of digital asset trading. Failure to pay will result in license suspension. Crypto Traders in Uzbekistan Will Be Charged … Read more

CFTC Chair On Crypto Regulation: There Is “70-Year-Old Jurisprudence”

CFTC Chair On Crypto Regulation There Is 70 Year Old Jurisprudence

Even though the need for regulatory clarity in the field of crypto is becoming increasingly overdue, there seems to be a hurdle that is making developments around this subject look like a “tuff war”. We are talking here about the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Clarity … Read more

Launch of a public consultation on the regulation of cryptocurrencies by the US Treasury

Launch of a public consultation on the regulation of cryptocurrencies

the u.s. department of treasury seeks public opinion on the “responsible development of digital assets.” His questions cover various aspects of cryptocurrencies, including decentralized finance (DeFi), non-fungible tokens (NFTs), mixers, virtual asset service providers (VASPs), and the digital dollar. Source: AdobeStock / rrodrickbeiler According the Treasury document, “the department specifically invites comment on the risks … Read more

Crypto: MiCA regulation, the global reference standard?

Crypto MiCA regulation the global reference standard

Changpeng Zhao (CZ) took advantage of the Binance Blockchain Week Paris 2022 event to deliver his impressions of MiCA. For him, this proposed regulation of the European Commission should serve as a reference standard for the regulation of the market of digital assets on a global scale. CZ: Rave reviews of MiCA law Binance Blockchain … Read more