#Regulation

2 Minutes

Bitcoin Crypto News

IMF want to regulate cryptocurrency over outright banning: Report

adeel010 February 27, 2023 0 Comment

Although the nuclear option will still be on the table for the time being, the International Monetary Fund would prefer to differentiate and control crypto assets than to impose an outright ban. IMF Managing...

2 Minutes

Bitcoin Crypto News

G20 claims FSB, IMF, and BIS papers will establish global crypto framework

adeel010 February 27, 2023 0 Comment

The Financial Stability Board (FSB), the International Monetary Fund (IMF), and the Bank for International Settlements (BIS) will present papers and recommendations setting standards for a global crypto regulatory framework, the G20, or the...

2 Minutes

Bitcoin Crypto News

Janet Yellen, the Treasury Secretary, asks for a “strong regulatory framework” for cryptocurrency activities.

adeel010 February 27, 2023 0 Comment

At a G20 meeting on February 25, U.S. Treasury Secretary Janet Yellen emphasized the significance of putting in place a robust regulatory structure for cryptocurrencies. Yellen stated in an interview with Reuters that it...

2 Minutes

Alt Coins Crypto News

Stablecoins should not be regulated by the SEC, Circle CEO

adeel010 February 25, 2023 0 Comment

Stablecoins should not be regulated by the Securities and Exchange Commission of the United States, claims Jeremy Allaire, creator and CEO of Circle. The Circle CEO discussed the SEC’s recent actions to crack down...

3 Minutes

Crypto News

US Agencies, outdated risk management techniques for crypto liquidity

adeel010 February 25, 2023 0 Comment

The banking industry was warned against establishing new risk management guidelines to address liquidity risks brought on by crypto-asset market vulnerabilities in a joint statement issued by three US government agencies. In a statement...

2 Minutes

Bitcoin Crypto News

India: G20 goal for financial stability is unified global crypto policy

adeel010 February 25, 2023 0 Comment

The participants in the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting held under India’s presidency were asked to debate important financial stability and regulatory priorities, among other policy philosophies. India suggested...

2 Minutes

Alt Coins Bitcoin Crypto News

FATF approves action Plan to promote Global Crypto norms adoption

adeel010 February 24, 2023 0 Comment

A report from the Financial Action Task Force’s most recent plenary meeting reveals that the group has decided on an action plan to promote the “timely implementation” of its worldwide standards for crypto. The...

3 Minutes

CEX Crypto News

Chief attorney: Coinbase’s staking is “fundamentally different” from Kraken’s

adeel010 February 22, 2023 0 Comment

The staking services provided by Coinbase, a cryptocurrency exchange, are “fundamentally different” from those provided by Kraken, a peer exchange that has lately come under fire from the US securities regulator. During a Q&A...

2 Minutes

Crypto News

China subtly acknowledges Hong Kong’s interest in crypto: Report

adeel010 February 21, 2023 0 Comment

In contrast to the mainland’s staunch anti-crypto stance, Hong Kong’s ambition to become a cryptocurrency hub is allegedly receiving subdued support from the Chinese government. In contrast to China’s widespread crypto ban, the Hong...

2 Minutes

Alt Coins Crypto News

Current Stablecoins won’t comply upcoming Global Standard FSB

adeel010 February 20, 2023 0 Comment

According to the Financial Stability Board’s (FSB) Chair Klaas Knot, many of the stablecoins currently in use would not comply with the “high-level” guidelines that will shortly be established by international standard-setters. In a...