August 15, 2:00 pm
|President of Central Bank of Brazil Disagrees With 'Heavy Hand' Regulati...|
The president of the Central Bank of Brazil, Roberto Campos Neto, has defended the use of more moderate regulations in the crypto environment. Campos Neto stated that while regulation is indeed necessary, it has to be done in a way that doesn't stop innovation. He also explained his goal is to connect the digital with the regulated world.
Central Bank of Brazil President Criticizes Harsh Approach to Crypto Regulation
Central banks of several nations around the world are starting to establish their stances when it comes to cryptocurrencies and central bank digital currencies (CBDCs). At 'The regulation of cryptocurrencies in Brazil and in the world,' a debate event, the president of the Central Bank of Brazil, Roberto Campos Neto, presented his thoughts about cryptocurrency regulation.
According to Campos Neto, regulation of these instruments should be made in a way that allows for innovation and growth of investments in cryptocurrencies. He stated:
In general, central bankers want to regulate with a heavy hand. I understand, but I don't agree. Maybe it's a mistake to regulate like that … We shouldn't leave behind the technological advances that will come with this.
Furthermore, Campos Neto detailed that one of his goals is to integrate ...
August 12, 11:30 am
|Popularity of Crypto Investments Makes Case for Regulations, Australian ...|
High rates of crypto ownership, with purchases often made on advice from Youtube and Facebook, make 'a strong case for regulation,' according to the Australian Securities and Investments Commission. The watchdog backs its stance with poll results showing nearly half of retail investors in Australia keep one coin or another.Australian Securities Reg...
July 14, 2:00 pm
|ECB Calls for Urgent Regulation of Stablecoins and Defi, Won't Rul...|
A new report by the European Central Bank (ECB), presented as a 'deep dive into crypto financial risks,' calls for 'appropriate' regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoin's carbon footprint in Europe, suggesting a ban on proof-of-work mining is probable. Growth of Stablecoin...
July 13, 6:56 am
|ECB Recommends Mining Ban and Urgent Stablecoin Regulations|
It comes as no surprise that the central bank wants to curtail crypto as much as it possibly can, advising EU lawmakers with a recent research paper.
On July 12, crypto venture advisor at Presight Capital, Patrick Hansen, broke down the report, which focused primarily on what the ECB considers financial risks.
It acknowledged that the digital asset...
July 12, 1:30 am
|G20 Watchdog Announces 'Robust' Global Crypto Regulation Com...|
The Financial Stability Board (FSB) says it is working on a 'robust' regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October.FSB to Present Robust Crypto Regulatory Framework to G20 in October
The Financial Stability Board (FSB), an international body that monitor...
July 11, 12:12 pm
|The Crypto Market Crash Prompts the FSB to Propose Global Regulations (R...|
The Financial Stability Board (FSB) - an organization created by the G20 countries that supervises the international monetary system - will reportedly propose a regulatory framework focused on digital assets. The draft bill comes as a result of the recent turmoil in the market and will have a global character.
'Robust' Rules to Limit the Risks for ...
July 10, 3:30 am
|Fed's Brainard Calls for Sound Regulation of Crypto Financial Syst...|
Federal Reserve Vice Chair Lael Brainard has stressed the importance of establishing sound regulation for the crypto financial system 'now before the crypto ecosystem becomes so large or interconnected that it might pose risks to the stability of the broader financial system.'Fed Vice Chair Brainard on Crypto Regulation
Lael Brainard, the vice chai...
July 06, 1:30 pm
|Ripple CEO criticizes SEC for 'contradictions' on crypto reg...|
“The SEC [decided] to do regulation through enforcement, which is not efficient and really I think has stifled innovation in the United States,' said Brad Garlinghouse.
Brad Garlinghouse, the chief executive officer of Ripple Labs, has claimed the United States Securities and Exchange Commission, or SEC, has inconsistently imposed regulations...
June 27, 9:30 pm
|Report: Morocco's Central Bank to Unveil Crypto Regulation Bill So...|
The Moroccan central bank is presently working on a cryptocurrency regulation framework bill and according to the bank's governor, Abdellatif Jouahri, this is set to be introduced soon. The regulatory framework being worked on will result in Morocco's money laundering and anti-terrorism financing regulations being upgraded.Crypto Regulation Best Pr...
June 26, 1:30 am
|British MP Calls for 'Liberal' Crypto Regulation — Say...|
British Parliament Member Matt Hancock has called for 'liberal' cryptocurrency regulation, noting that no country can stop the crypto revolution. 'I hate the patronizing idea of regulators telling people what they can and can't do with their money,' the lawmaker stressed.British MP Wants 'Liberal' Crypto Regulation
Matt Hancock, a Conservative memb...
June 15, 9:30 am
|South Korean Government Calls for Voluntary Regulations From Crypto Indu...|
The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call was issued during a consultative meeting devoted to crypto assets.Government Asks South Korean Crypto Sector for Regulatory Proposals
June 15, 3:30 am
|Bank of Canada's Official: Crypto Needs Regulation Before It Becom...|
Bank of Canada's senior deputy governor says the central bank does not want to wait until crypto 'gets a lot larger' before it brings regulatory controls in place. 'This is an area that is still small, but it's growing really rapidly,' the official said.Bank of Canada's Official Stresses the Importance of Crypto Regulation
Bank of Canada Senior Dep...
June 12, 7:30 pm
|EU Nears Agreement on Crypto Regulations, Report Reveals|
Authorities in the EU are moving closer to a deal on a legislative package tailored to comprehensively regulate the crypto market and related activities in Europe. According a media report, an agreement on the key legislation is likely to be reached as early as this month.Deal on EU Crypto Law Expected by End of June, Sources Say
June 11, 9:30 pm
|Lithuanian Government Approves Stricter Crypto Regulations|
The government in Vilnius has approved amendments introducing more stringent regulations for the country's growing crypto space. The legislation is aimed at managing risks associated with crypto assets and preventing Russian attempts to circumvent Western sanctions imposed over the war in Ukraine.Lithuanian Authorities to Tighten Rules for Crypto I...
June 09, 7:17 pm
|New York DFS Rolls Out New Regulations for Dollar-Pegged Stablecoins|
The New York Department of Financial Services (DFS) has released a new set of guidelines for regulated cryptocurrency firms with BitLicense, which issue U.S. dollar-backed stablecoins.
Stablecoin Regulations for BitLicense Companies
According to the New York regulator, the new rules published on Wednesday (June 8, 2022) seek to emphasize certain re...
June 08, 5:00 am
|Indian Regulator: Crypto's Decentralized Nature Makes Regulation C...|
India's market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes consumer protection and regulatory enforcement challenging.SEBI on Crypto Regulation
The Securities and Exchange Board of India (SEBI) reportedly told the Parliamentary Standing Committee on Finance that the decentralize...
June 05, 10:00 am
|Bank of America CEO: Regulation Won't Let Us Engage in Crypto; Kiy...|
The new LUNA records gains amidst controversy, 'Big Short' investor Michael Burry and author Robert Kiyosaki weigh in on recession, depression, and looming civil unrest. To top it all off, Bank of America's CEO said 'we have hundreds of patents on blockchain' but that regulations are blocking the institution from engaging in crypto. This is your bi...
May 31, 12:30 am
|Bank of America CEO: We Have Hundreds of Blockchain Patents — But ...|
The CEO of Bank of America says that his bank has hundreds of blockchain patents but regulations will not allow it to engage in crypto. 'The reality is that we can't do it by regulation,' he said.Bank of America's CEO on Crypto
Bank of America (BOA) CEO Brian Moynihan talked about cryptocurrency in an interview with Yahoo Finance Live at the recent...
May 29, 8:00 am
|Chinese Crypto Regulations Force NFT Gaming App Stepn to Block Mainland ...|
China's anti-crypto regulations have reportedly forced the non-fungible token (NFT) game, Stepn, to exclude users from the mainland starting on July 15. Shortly after the announcement, Stepn's in-game cryptocurrency is reported to have briefly dropped by 38%. Stepn Adheres to Local Regulations
China mainland users of the NFT gaming app Stepn will n...
May 27, 9:00 am
|Binance to Advise Kazakhstan on Crypto Regulations|
Cryptocurrency exchange Binance will assist the government of Kazakhstan in efforts to regulate the country's crypto space. The global coin trading platform will also help with the integration of the domestic banking system with the expanding digital assets market.Kazakhstan to Cooperate With Binance on the Development of Its Crypto Sector
May 27, 12:30 am
|SEC Drops the Ball on Crypto Regulation and There Are Long-Term Conseque...|
A commissioner with the U.S. Securities and Exchange Commission (SEC) has warned that the securities market regulator has dropped the ball on crypto regulation. 'We're not allowing innovation to develop and experimentation to happen in a healthy way, and there are long-term consequences of that failure,' said the commissioner.SEC Commissioner Warns...
May 23, 8:47 pm
|Crypto Regulation is Among Australia's New PM Primary Concerns (Re...|
Australia's newly-elected Prime Minister - Anthony Albanese - reportedly has three top issues to deal with it as the new leader of the country. These include battling climate change, reducing the cost of living, and imposing comprehensive rules on the cryptocurrency industry.
Crypto Included as a top Priority
The Australian Labor Party won the gove...
May 21, 10:30 pm
|Kevin O'Leary Expects US Crypto Regulations to Come Out After Midt...|
Shark Tank star Kevin O'Leary, aka Mr. Wonderful, says U.S. crypto regulations will not come out until after the midterm elections. He explained that President Joe Biden 'is not interested in discussing crypto' when his approval ratings have sunk to record lows. O'Leary also cited other factors, including double-digit inflation and high food and ga...
May 20, 11:30 am
|Vietnam Launches Blockchain Association to Conduct Research and Suggest ...|
A newly established blockchain association aims to help Vietnam promote its digital economy and position the country on the world's technology map. The organization looks to unite Vietnam's experts in the field and seek cooperation with blockchain communities around the globe for the research and development of blockchain solutions.Vietnam to Expan...
May 20, 5:30 am
|Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations|
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the 'careful' use of cryptocurrencies, he added. Government of Cyprus to Submit 'Attractive' Crypto Bill
Cyprus has an 'enviable po...
May 18, 10:55 am
|In Light of UST and LUNA Crash: G7 Countries to Discuss Crypto Regulatio...|
François Villeroy de Galhau - Governor of the Bank of France - reportedly said that Terra's fiasco and the recent crash of the crypto market should serve as a 'wake-up call' for implementing rules in the sector. As such, discussing such measures could be one of the main topics during this week's meeting of Group of Seven (G7) members.
May 18, 8:46 am
|Concordium and Its Approach to Crypto Regulations|
Praised for its ability to liberate those living under strict government control or geopolitical warfare and provide a robust, secure platform to store and transact, it's no wonder that the cryptocurrency has exploded over the past few years.
Despite its rapidly growing adoption, though, as with any new technology, cryptocurrency is still experienc...
May 15, 12:30 am
|SEC Commissioner Expects Tighter Stablecoin Regulation — Yellen Sa...|
A commissioner with the U.S. Securities and Exchange Commission (SEC) expects to see stricter regulation on stablecoins. However, Treasury Secretary Janet Yellen says stablecoins are currently 'not a real threat' to the country's financial stability.SEC Commissioner on Stablecoin Regulation
The regulation of stablecoins has been a hot topic this we...
May 13, 11:30 am
|Bank of Spain Governor Highlights Need for Fast Regulation in Defi and C...|
Pablo Hernández de Cos, governor of the Bank of Spain and chair of the Basel Committee on Banking Supervision, explained that the cryptocurrency space and decentralized finance (defi) need to be regulated swiftly to avoid risks of financial instability. Hernandez de Cos also mentioned how this swift approach should bring the crypto financial s...
May 13, 6:57 am
|SEC Commissioner Calls for Accelerated Stablecoin Regulations After the ...|
Peirce, also affectionately known as ‘Crypto Mom,’ said that there might soon be movement on stablecoin regulations in the U.S. The comments came at an online panel debate hosted by the London-based Official Monetary and Financial Institutions Forum (OMFIF) policy think tank on May 12.
“One place we might see some movement is arou...
May 11, 12:00 am
|US Lawmakers Push for Urgent Stablecoin Regulation — Fed Warns of ...|
As U.S. lawmakers push for the urgent regulation of stablecoins, the Financial Stability Oversight Council (FSOC) and the Federal Reserve Board warn about the risks of stablecoin runs that threaten the country's financial stability. Treasury Secretary Janet Yellen brought up the terrausd (UST) fiasco as an example of why a comprehensive regulatory ...
May 08, 8:00 am
|Apartment Sold for Bitcoin in Portugal After New Regulation Allows Prope...|
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin for Apartment in Braga, Portugal
A three-room (two-b...
May 04, 2:20 pm
|Hawaii to Launch a Task Force Focused on Crypto Regulations|
Two of the main committees of the state of Hawaii – Commerce and Consumer Protection (CPN) and Ways and Means (WAM) – greenlighted the launch of a unit called Blockchain and Cryptocurrency Task Force. The division’s main goals will be to supervise the local digital asset ecosystem and explore the employment of cryptocurrencies.
May 01, 10:30 am
|Bahrain Central Bank Issues New Regulations Governing Operations of Crow...|
The Central Bank of Bahrain (CBB) has said new regulations compelling operators of crowdfunding platforms to ensure their products are suitable for clients are set to replace existing rules which were first issued in 2017.Segregation of Client Money From Platform Operators
The Central Bank of Bahrain (CBB) has issued new guidelines which apply to o...
April 29, 3:30 am
|India's Decision on Crypto Regulation Will Not Be Rushed, Says Fin...|
Indian Finance Minister Nirmala Sitharaman says that the country's crypto policy will not be rushed. 'Our intention is in no way to hurt the ecosystem, or to even say that we don't need it,' she added.Finance Minister on Indian Crypto Regulation
India's finance minister, Nirmala Sitharaman, discussed cryptocurrency regulation Wednesday at a firesid...
April 28, 10:45 pm
|Gibraltar Introduces New Regulation Against Crypto Market Manipulation|
Gibraltar, a small British overseas territory, has released a new guideline for cryptocurrency businesses operating in the region, which aims to foster market Integrity and combat market manipulation.
The Gibraltar Financial Services Commission (GFSC) published the regulatory principle on Wednesday (April 27, 2022). The new rule was drafted by a s...
April 28, 6:30 am
|Top ECB Official Ramps Up Anti-Crypto Rhetoric, Calls for Global Regulat...|
Comparing the rise of crypto assets to the gold rush, a top executive at the European Central Bank has urged governments to take action to prevent 'a lawless frenzy of risk-taking.' Speaking in the U.S., the ECB official called for a global regulatory clampdown on cryptocurrencies and stepping up efforts to issue central bank digital currencies. EC...
April 26, 2:29 am
|ECB Member Pushes For Stricter Global Regulations on Cryptocurrencies|
On April 25, Fabio Panetta, a member of the Executive Board of the European Central Bank (ECB), pushed for stricter regulations on cryptocurrencies to avoid any kind of 'instability and insecurity' on a financial level.
Speaking at Columbia University, Panetta referred to the accelerated growth that the crypto market has achieved with a $1.3 trilli...
April 24, 11:05 am
|Criminalizing Rug Pulls: Senator Kevin Thomas Proposes New Regulations|
Rug pulls have grown to become a menace in the space of decentralized finance and have resulted in hundreds of millions stolen from users. Being amongst the most common types of scams, some US politicians have taken aim and want to outlaw them.
State Senator Kevin Thomas and Assembly member Clyde Vanel have introduced Senate Bill S8839.
The bill c...
April 22, 8:15 pm
|Cardano Integrates On-Chain KYC in Compliance With Regulations|
Blockpass, a digital identity verification provider partnering with various crypto wallets and exchanges, has started offering KYC services to Cardano's commercial arm, EMURGO. Cardano-based addresses will be added to the Blockpass App, and projects can directly access on-chain KYC services, if needed, to comply with regulatory requirements.
April 22, 6:20 pm
|French President Macron Supports Blockchain Innovations but Vows for Reg...|
The French president has been known for his ambition of making the country a 'startup nation' that is friendly to new technologies and appealing to talents and capital. When campaigning for his second bid for the presidency, Emmanuel Macron expressed his favorable opinions toward Web 3.0 and the Metaverse while maintaining that regulation led by pu...
April 20, 1:30 pm
|Ripple CTO bares it all: From SEC lawsuit to crypto regulations in the U...|
In a recent conversation with ThinkingCrypto host Tony Edward, Ripple CTO, David Schwartz spoke about the ongoing SEC lawsuit, Ripple’s vision of development for the future, and his views about President Biden’s latest executive order.
From the lens of Ripple…
Talking about his views on the ongoing lawsui...
April 18, 8:18 pm
|Sensible Crypto Regulations Can Be the Catalyst for Big Money: Scott Mel...|
Scott Melker is a popular cryptocurrency analyst and influencer with a captivating story of a former world-renowned DJ who stepped back from his professional career in music and turned to crypto.
The Wolf of All Streets - as he's better known on social media - has been a guest on our podcast before and if you want to learn more about his past caree...
April 15, 2:45 pm
|Russia Prepares its Final Crypto Regulation Bill (Report)|
Russia’s Ministry of Finance has reportedly finalized its cryptocurrency regulation bill and is ready to apply it soon. The legislation particularly touches upon digital asset mining as experts believe it will create new opportunities for participants. On the other hand, it might drive investors to “the black market.”
It Is High T...
April 08, 1:30 pm
|Treasury Secretary Yellen Says Crypto Regulation Should Support Responsi...|
Treasury Secretary Yellen says the regulatory frameworks for crypto assets in the U.S. should 'support responsible innovation while managing risks.' She emphasized, 'Regulation should be based on risks and activities, not specific technologies.'Treasury Secretary Yellen on Crypto Regulation
U.S. Treasury Secretary Janet Yellen talked about crypto r...
April 05, 8:25 am
|US SEC to Partner With the CFTC on Crypto Regulations|
The Chairman of the US Securities and Exchange Commission (SEC) – Gary Gensler – reiterated the agency’s plans to exercise greater regulatory oversight on the cryptocurrency market to protect investors from fraud.
Additionally, he revealed that the SEC and the Commodity Futures Trading Commission (CFTC) will work together to super...
April 01, 2:00 pm
|EU Lawmakers Back Regulation Threatening Unhosted Crypto Wallets, Defi S...|
Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be coordinated with other European institutions, aim to introduce restrictive measures for transactions involving privately managed crypto wallets.EU Parliament ...
April 01, 8:00 am
|Japan Considers Stricter Crypto Regulations in Light of Russia Sanctions|
Authorities in Japan are planning to introduce tougher new rules for crypto operators as part of efforts to prevent Russia from using cryptocurrencies to evade sanctions. The legislative initiative comes after Tokyo asked digital asset exchanges to strengthen transactions monitoring this month. Government of Japan to Close Loopholes for Russians in...
March 30, 11:45 am
|Indian MP: Bad Crypto Regulations Will Cause Innovation Exodus|
As declared by Union Budget 2022-23, Indian cryptocurrency investors will have to pay tax under the new scheme for Taxation of Virtual Digital Assets from April 1. However, the current tax regime is expected to trigger a mass exodus of talent from the country, which faces the risk of missing out on Web 3.0 innovation, says
Priyanka Chaturvedi, a Me...
March 29, 4:35 pm
|Crypto Companies in the UK Face Uncertainty Due to Lack of Clear Regulat...|
UK's progress in crypto innovation hangs in limbo due to a lack of clarity from the watchdogs. Many high-profile companies are now looking for crypto friendlier pastures elsewhere.
If cryptocurrency-based firms wind down their operations, the UK might face a mass exodus as the FCA deadline for receiving approval nears.
Regulatory Hurdles in the UK