Result Page 20 for Latest Crypto Policy News & Archive

US Securities and Exchange Commission Chairman Gary Gensler said new rules were needed to ensure environmental, social and governance investments live up to their marketing

SEC Chief: No Reason To Treat Crypto Market Differently; Asks Investors To Be Careful On Direct Custody

Gary Gensler made a similar statement about the market-making capacity of crypto exchanges earlier this year.

UN Trade Body Calls Out 'High Cost' To Developing Countries If Crypto Left Unregulated

The United Nations Conference on Trade and Development (UNCTAD) said cryptocurrencies pose a threat to financial stability of developing countries and suggested three policy recommendations.

G20 Watchdog To Propose First Global Crypto Rules In October

Representations of cryptocurrencies Bitcoin, Ethereum, DogeCoin, Ripple, Litecoin are placed on PC motherboard in this illustration taken, June 29, 2021.

The Financial Stability Board (FSB) said on Monday it would propose "robust" global rules for cryptocurrencies in October, following recent turmoil in markets that has highlighted the need to regulate the "speculative" sector.

Fed Vice Chair Nominee Lael Brainard said the time is right to regulate cryptocurrency markets

Fed's Brainard Says Recent Upheavel Shows Need For Crypto Rules

Recent upheaval in the cryptocurrency markets shows the sector is subject to similar risks as conventional investments, underscoring the need for regulation to protect against the "false allure" of a quick profit, Federal Reserve Vice Chair Lael Brainard said Friday.

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Singapore's Regulator To Explore Potential Of DeFi And Asset Tokenization

The Monetary Authority of Singapore has launched "Project Guardian" through which the regulator aims to test the potential applications of asset tokenization and decentralized finance.

The Indian government wants to ban all private cryptocurrencies, with some exceptions, to pave the way for a digital money controlled by the central bank

India's Crypto Consultation Paper Is Almost Ready: Economic Affairs Secretary

India's cryptocurrency consultation paper is almost ready, a top finance ministry bureaucrat told reporters on the sidelines of an event Monday.

Indian Central Bank To Introduce CBDC In Phases; Sets Up An Innovation Hub

The Reserve Bank of India plans to launch the nation's official CBDC in a phased manner and has set up the Reserve Bank Innovation Hub (RBIH) with headquarters in Bengaluru.

A representation of the cryptocurrency is seen in front of Russian flag in this illustration taken, March 4, 2022.

Russia's FSB, Internal Affairs Want Crypto Firms To Disclose Transaction Details For Crime Investigations

The Ministry of Finance reportedly endorsed FSB's proposals on the crypto bill.

Ukraine's biggest national flag on the country's highest flagpole and the giant 'Motherland' monument are seen at a compound of the World War II museum in Kyiv, Ukraine, December 16, 2021. Picture taken with a drone.

Ukrainians Turn To Crypto As Central Bank Halts Digital Money Transfers After Russian Invasion

The National Bank of Ukraine halted digital money transfers as part of the martial law triggered by the Russian invasion.

A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017.

Venezuela In Talks To Revive Crypto ATM Network

Bitbase in talks to install new crypto ATMs in Venezuela

India's Prime Minister Narendra Modi speaking at the COP26 climate summit

India's Advertising Watchdog Introduces 12-Point Regulation For Crypto Commercials

Seeing the recent rise in misleading advertisements in India, regulations for crypto commercials have been introduced.

European Union Is Open To Cryptocurrency, But With Regulations, Says Home Affairs Commissioner

Speaking at the Munich Security Conference 2022 on Friday, European Union's Commissioner for Home Affairs Ylva Johansson said she is not against cryptocurrency.

El Salvador President Nayib Bukele made an appearance at the Latin Bitcoin Conference his country hosted in November 2021

El Salvador President To Bring Bill Granting Citizenship To Foreign Investors

El Salvador President Nayib Bukele said Sunday he would submit to Congress several economic measures to attract foreign investments, including granting citizenship to foreigners in a bid to generate jobs and uplift the country's economy.

Ukraine Legalizes Cryptocurrencies Amid Russian Tensions

Although most central banks and governments have been wary of cryptocurrencies for their volatility and their potential to negatively impact economic stability, a handful of countries have opened up to them.

'Boomers ... We Are Not Your Colony': El Salvador President Chides US Lawmakers

Nayib Bukele was angered by the proposed Accountability for Cryptocurrency in El Salvador (ACES) Act, introduced by Senate Foreign Relations Committee Chairman Bob Menendez, D-N.J., Sens. James Risch, R-Idaho, and Bill Cassidy R-La.

Banning Crypto Most Advisable Choice For India, Says Central Bank Official

The Reserve Bank of India official's remarks come days after his boss and governor of the central bank, Shaktikanta Das, warned crypto investors to exercise caution, saying that investing in crypto is worse than tulipmania because it has no underlying value.

Putin has complained that NATO's eastward expansion following the end of the Cold War has undermined Russia's security

Russia To Treat Crypto As Currency And Not A Digital Asset, Says Report

The Russian government and the Central Bank of Russia have come to a consensus on regulating cryptocurrencies, the Kommersant daily reported Tuesday.

Total cryptocurrency payments rocketed 567 percent to $15.8 trillion in 2021, according to Chainalysis

What The Virtual Currency Tax Fairness Act Means For Taxpayers

Representatives from Washington and Arizona introduced a bipartisan legislation, the Virtual Currency Tax Fairness Act.

'Backtracking Never A Good Policy,' Experts Comment As India's Finance Minister Hints At Banning Cryptos

"Banning or not banning will come subsequently when the consultations give me inputs," Indian Finance Minister Nirmala Sitharaman said in a recent interview

The global values of cryptocurrencies including Bitcoin have massively fluctuated over the past year partly due to Chinese regulations

IRS To Forego Tax On Staking Crypto Until Assets Are Sold

According to court documents which would be released soon, IRS has offered to refund tax paid by a couple on income generated from staking crypto assets.

The new infrastructure bill makes it clear the government has authority to collect taxes from cryptocurrency trading as it does from traditional assets

Crypto Push By Wyoming, Arizona Lawmakers Could Threaten Dollar's Supremacy

Lawmakers in Arizona and Wyoming have proposed bills to accelerate cryptocurrency adoption and acceptance, but which could also undermine the supremacy of the dollar.

US President Joe Biden cheered data on economic growth, which beat China's, but it also showed rising price pressures

US Lawmakers To Peruse Top Report That Pitched Stablecoins As 'Inclusive Payment Method'

Committees have set up their hearings on the stablecoin report drafted by Biden's top Economists in late November 2021.

India Slaps 30% Tax On Income From Crypto, To Launch Digital Currency

India announced a 30% tax on income from digital assets Tuesday, part of long-awaited measures to regulate cryptocurrencies whose popularity and decentralized nature have made regulation challenging.

Russian President Vladimir Putin's visit to India will be only his second trip abroad since the coronavirus pandemic began

Putin Comments Revive Hope For Cryptocurrencies In Russia

Putin pointed out that Russia has a surplus of resources like electricity and skilled personnel, which can be utilized in mining cryptocurrencies.

The world's most popular cryptocurrency Bitcoin surged to a historic high of $68,513

Fear Of Terror Financing Driving India's Cryptocurrency Regulation Efforts

More than any question about financial regulation and control, it is India's worries unregulated crypto networks could lead to increased terror financing that could swing the government's regulatory stick over cryptos.

The IMF for the first time will have women in the two top leadership positions when chief economists Gita Gopinath takes the No 2 role

Complete Crypto Ban Comes With Practical Challenges, Says IMF Chief Economist

IMF Chief Economist Gita Gopinath said a complete ban on cryptocurrencies is not possible because of their decentralized nature but stressed the need to regulation them.

DeFi, Stablecoins Take A Beating At US Senate Hearing

Witnesses urged lawmakers to establish a clear regulatory framework for stablecoins during the hearing of the Senate Committee on Banking, Housing and Urban Affairs.

What is Metaverse and How is It the Next Big Thing in Crypto?

'INR Only Legal Tender,' Indian Crypto Exchange WazirX's Founder Backs Government On Crypto Regulation

WazirX Founder Nischal Shetty said that the crypto industry is in sync with the Indian government's decision on cryptos.

Narendra Modi's government is looking into measures to regulate cryptocurrencies

India Will Make Cryptos A Separate Asset Class, Bring It Under Market Watchdog

India has decided to regulate cryptocurrencies instead of banning them completely.

Human Rights Watch said in a July report that at least 1,100 North Koreans are detained in China, Pyongyang's main ally and economic benefactor

China's Central Bank Wants To Regulate NFTs And Metaverse, Form Global Coalition Against Crypto-Linked Crimes

China's central bank has hinted that it could supervise NFTs and metaverse amid growing craze

Ripple is a crypto currency rival to the likes of bitcoin and ethereum -- but regulators are turning the screw

Ripple To Create National Stablecoin For Pacific Island Nation

“The first phase of the partnership will focus on a cross-border payments strategy and exploring options to create a national digital currency, providing the citizens of Palau with greater financial access,” Surangel S. Whipps Jr., President of Palau, said.

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